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News about Mortgages:
Company Bond Sales Plunge in 2008 as Recession Drives Rates Up - BloombergDec. 31 (Bloomberg) -- U.S. corporate bond sales fell 28 percent in 2008 to the lowest in three years as a recession and seizure in credit markets pushed borrowing costs higher. JPMorgan Chase & Co., the largest U.S. bank by assets, and phone company ...
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Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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