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Retailer set to axe 800 workers - Lewes TodayBritain's retail sector has been dealt a major blow as another high street company went into administration with the loss of more than 800 jobs. Glasgow-based Bowie Castlebank Group is to shed 817 jobs across its businesses, which include photo ...
Michael Vick Pleads Guilty to Dogfighting Charges in Virginia ... - FOX NewsNov. 25: Former NFL quarterback Michael Vick at the Sussex County Courthouse in Virginia, where he is expected to plead guilty to dogfighting charges. Nov. 25: Former NFL quarterback Michael Vick at the Sussex County Courthouse in Virginia, where he ...
Vick pleads guilty to state dogfighting charge - FOX NewsSUSSEX, Va. — Michael Vick knows this time next year he will be a free man. What he doesn't know is if he'll get another shot at being an NFL player. The former Atlanta Falcons quarterback pleaded guilty to a state dogfighting charge Tuesday, the ...
Maryann Haggerty and Elizabeth Razzi - Washington PostWelcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi. Maryann has been with The Post for 18 years and has served as real estate editor for ...
XL holiday firm collapse: Massive airlift to bring 67,000 people home - Daily TelegraphUp to a quarter of a million British holiday makers could be stranded as package holiday company XL went into administration today. ; http://link.brightcove.com/services/link/bcpid1488655367/bctid1789004683 http://www.brightcove.com/channel.jsp ...
FHA loans come to rescue of home buyers - Delaware OnlineThe Magnolia resident was drowning in bills and wanted to refinance, but with home prices declining, her consolidated debt totaled almost as much as her home was worth. But the quick refinancings and easy credit of years past were drying up ...
XL chief executive 'devastated' by company's collapse - HeraldThe head of the UK's third largest tour operator said today he was "devastated" at the holiday company's collapse. XL Leisure Group chief executive Phil Wyatt said he believed his firm should not have been forced to go into administration. He told a ...
Austral Pacific Announces Interim Results - Oilvoice.comA one-off $3.3 million write-off has seen listed exploration company Austral Pacific post a $2.93m before tax loss in its third quarter. Austral Pacific yesterday filed its Q3 interim accounts. Austral Pacific chief executive officer Thompson Jewell ...
Pinnacle Entertainment Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.comGood morning everyone and thank, welcome to our third quarter 2008 earnings conference call. Earlier this morning we released our third quarter and year-to-date 2008 financial results. If you do not have a copy of the announcement and would like one ...
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