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In 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 ...

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November 2008 - Weblogs.baltimoresun.com
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Money Help: Transfer your balances and you will speed forward to debt ... - Anderson Independent-Mail
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On Oct. 21, Argentina’s government, led by Peronist President Cristina Fernández de Kirchner and her predecessor, Néstor Kirchner, announced their intention to expropriate $30 billion held by Argentine citizens in private pension funds (similar ...

Rescue plan hindered by politics - International Herald Tribune
Plans. Have I ever been inundated with plans. Deluged with them, actually. Two weeks ago in this space, I trumpeted Daniel Alpert's Freedom Recovery Plan to help struggling U.S. homeowners stay in their homes. He had no personal stake in stemming the ...

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Today's Mortgage Terms starting with I

  • Index: An index is usually a widely published market rate such as LIBOR, T-Bill or 11th District Cost of Funds (COFI). Lenders use these indices to set the interest rates charged on mortgage loans. For ARM, a predetermined margin is added to the index to calculate the interest rate adjustment.
  • Initial Rate: The rate charged for the first interval of an ARM loan.
  • Interest: Compensation in the form of money paid for the use of money.
  • Interest Rate Cap: Caps limit the range that the interest rate on an adjustable rate mortgage can change in an adjustment interval during the term of the loan.

    View all Terms
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