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Zoo Pays For Barns At Safari Venture - Tampa Bay Online
TAMPA - Taxpayer-backed Lowry Park Zoo has built two barns at zoo President Lex Salisbury's private exotic-animal attraction in Polk County. The zoo paid for and constructed a 2,400-square-foot horse barn and a primate building of similar size on the ...

90-year-old foreclosure victim apparently shoots self - Akron Beacon Journal
At the age of 90, Addie Polk found herself in foreclosure this week, about to be forced from the home she's lived in for nearly 40 years. So, with a gun in her hand, the Akron widow apparently shot herself in the chest Wednesday afternoon as deputies ...

Qwest, Amgen Scrap Deals, Pay 14% Amid Credit Crisis (Update3) - Bloomberg
Sept. 19 (Bloomberg) -- The credit markets seizure is hurting companies outside Wall Street as executives from Amgen Inc. , Qwest Communications International Inc. and Sirius XM Radio Inc. cope with the soaring cost of money. Officials at Cablevision ...

As foreclosures soar, dreams die - Orlando Sentinel
The one-time cattle county on Disney World's doorstep has recorded one foreclosure for every 184 residents so far this year -- compared with one for every 339 people in Orange County and one for about every 450 residents in Seminole and Lake counties ...

Foreclosure rate alarms Iowans - Des Moines Register
Despite a quarterly dip, Iowa's foreclosure rate has worsened compared with a year ago, and officials are unsure whether a new housing relief law will do enough to help families keep their homes. A Mortgage Bankers Association report Friday showed ...

Work with Treasury provides foreclosure perspective - Des Moines Register
Mary Coffin has a unique perspective of the nation's economic position - one that only comes from working closely with the Treasury Department during time of crisis. A year ago, Wells Fargo began working with Treasury Secretary Henry Paulson and ...

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Today's Mortgage Terms starting with D

  • Default: Failure to fulfill legal obligations of a contract, including failure to make payments on a loan.
  • Discounted Loan: When the note rate on a loan is lower than the market rate, it is a discounted loan.
  • Discount Point: A point paid to the lender to permanently lower or acquire down an interest rate. Money must be paid up front to lower the rate.
  • Down Payment: The amount of cash you must pay down initially for the purchase of your home. For conventional loans, you should aim for a down payment that's at least 20% of your home's value. The reason is lenders generally do not require private mortgage insurance with a down payment of at least 20% of your home's purchase price.

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