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Kite Realty Group Trust Q3 2008 Earnings Call Transcript - Seekingalpha.comGood day, ladies and gentlemen, and welcome to the third quarter 2008 Kite Realty Group Trust earnings conference call. My name is Krista and I'll be your coordinator for today. At this time all participants are in listen-only mode. We will be ...
UK plumbing supplies firm Wolseley cuts 2,000 jobs - WTOP RadioLONDON (AP) - Wolseley PLC, the world's largest distributor of plumbing products, said Monday it would shed 2,000 jobs and close 200 branches in Britain and Ireland to adjust to the economic downturn. The company, which has already cut 5,000 jobs ...
BPI Energy Signs Carbon Credit Marketing Agreement With Blue Source - EarthtimesCLEVELAND - (Business Wire) BPI Energy Holdings, Inc. (NYSE Alternext US: BPG) , an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced that it has ...
Could your financial life be under a microscope? - Houston ChronicleBrenda Jerez hardly seems like the kind of person lenders would fight over. Three years ago, she became ill with cancer, and ran up $50,000 on her credit cards after she was forced to leave her accounting job. She filed for bankruptcy protection last ...
U.S. banks mine data and pitch to troubled borrowers - International Herald TribuneBrenda Jerez hardly seems like the kind of person lenders would fight over. Three years ago, the New Jersey resident became ill with cancer and ran up $50,000 on her credit cards after she was forced to leave her accounting job. She filed for ...
North Carolina, Raleigh-Cary foreclosure rates drop in September - WRALRaleigh, N.C. — North Carolina’s housing market, especially in the Raleigh-Cary metropolitan area, improved sharply in September with home foreclosures dropping nearly 17 percent from August. Real estate analysis firm RealtyTrac reported Thursday ...
Debtors seek to refinance homes - Raleigh News & ObserverQueries soar as interest rates fall There were 245 messages waiting Monday morning for Chris Corchiani, the owner of DNJ Mortgage in Cary. That's 10 times the number he normally receives. Homeowners hoping to consolidate loans, ditch their adjustable ...
Election 2008: Hillary Clinton in the news - NewsdayAbout 1,000 union and political activists whooped and shouted their way through a late afternoon rally Wednesday in Eisenhower Park, less than two miles from the site of the presidential debate. Whether you're a follower or an iconoclast, there's a ...
Martin Marietta's credit rating lowered - Raleigh News & ObserverStory Tools A credit research agency lowered its rating today on Martin Marietta Materials' debt because the Raleigh-based producer is seeing weakening demand for its gravel and crushed rock. Martin Marietta's financial health hinges largely on ...
Credit experts answer your questions - WRALI am overloaded with credit card debts and have numerous outstanding doctor/hospital bills that have been turned over to collection agencies and now to a credit bureau. I see no way out, as I had to file bankruptcy in 2004. Would you please suggest ...
Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
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