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James leads Texas to 70-57 victory over Oregon - FOX NewsLAHAINA, Hawaii — Damion James had 21 points and 12 rebounds to lead No. 6 Texas to a 70-57 victory over Oregon on Wednesday in the third-place game of the EA Sports Maui Invitational. The Longhorns (4-1) lost 81-80 to No. 8 Notre Dame in the ...
Reducing taxes, like a rising tide, raises all boats! - OregonianReviving Oregon's economy by government spending of funds raised either by fees, taxes and bond sales (which are paid back by more taxes) would withdraw money from the system, stash it until bureaucratically spent, and then selectively allocate it ...
American Pedophile Arrested by Israeli Police - FOX NewsPolice say they seized Samuel Arthur Silverman in the coastal city of Netanya. They say Silverman is wanted by the FBI for sexually abusing two boys in Oregon in 1997. Silverman pleaded guilty to sex abuse charges in his hometown of Ashland, Oregon ...
Local bankruptcies have risen sharply - Louisville Courier-JournalTransferred to Louisville from Oregon 2½ years ago, Ed and Cherri Dubiak had trouble selling their old home and soon found themselves overwhelmed by bills, including $65,000 in credit-card debt. "Every credit card I had was getting maxed out," said ...
General Growth mortgage deadline approaches - ReutersNEW YORK, Nov 26 (Reuters) - As the clock ticks for mall owner General Growth Properties Inc GGP.N to meet a Friday deadline on $900 million of maturing mortgages, investors, analysts and real estate experts question whether a loan extension could ...
Senior Housing Ranks Best Of REIT Types - Investors Business DailyRealtors trying to sell a choice block of riverfront land in Portland, Ore.'s new South Waterfront District think it would make a perfect spot for a senior-housing complex. It's by a hospital and public transportation. A park and walking trails are ...
State Supremes: unsubstantiated allegations of teacher sexual ... - Spokane Spokesman-ReviewIn a case where the 11 petitioners are all known as John Doe, the state Supreme Court ruled 6-3 this morning that unsubstantiated allegations of teacher sexual misconduct can be withheld from public disclosure. School districts can investigate any ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Oregon State Troopers Seize 250,000 Ecstasy Tablets During Traffic ... - FOX NewsThe Interstate-5 stop Wednesday netted 250,000 tablets, about 143 pounds. One person was arrested. Police say they stopped a 1996 Ford Thunderbird with Washington license plates about noon for a traffic violation. Pedro Moya Gonzalez, a 55-year-old ...
Oregon Woman Loses $400,000 to Nigerian E-Mail Scam - FOX NewsJanella Spears of Sweet Home says she simply became curious when she received an e-mail promising her $20.5 million if she would only help out a long-lost relative identified as J.B. Spears with a little money up front. Spears told KATU-TV about the ...
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.
View all Terms