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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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Financial News
Make 2009 Your Best Financial Year - WTVH
First it was gas prices, then the housing crisis, then the meltdown on Wall Street. Each crisis hit Americans' bank accounts hard in 2008. But it's a new year, and no better time to make a fresh start. "You want to make sure you have a financial plan ...

U.S. Federal Reserve Meeting Minutes for December 16 (Text) - Bloomberg
Jan. 6 (Bloomberg) -- Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on December 16. A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal ...

Year-end Facts - Safe Haven
For the holiday week, the S&P500 jumped 6.8% ('08 decline 38.5%) and the Dow gained 6.1% (down 33.8%). The broader market also rallied sharply into year-end. The small cap Russell 2000 jumped 6.1% (down 34.8%) and the S&P400 Mid-Caps rose 7.1% (down ...

NEWS IN BRIEF: Around Downriver - News-Herald
The Capuchin Soup Kitchen has several suggestions on how to help those in need this holiday season. The Capuchin Soup Kitchen’s Caps, Coats and Kids program provides new caps, coats and gloves to needy children. The Capuchin Soup Kitchen’s ...

The Year in Review - County Press
LAPEER COUNTY -- The following is a brief month-by-month look back at some of the news and events that shaped 2008 in Lapeer County. n Lapeer County Sheriff's deputies Joe Davis and Keith Merser saved an inmate's life. The inmate attempted to hang ...

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