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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.

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Ellis mortgage quotes news:
Financial News
The Rise (and Mishaps) of Goldman Sachs - BusinessWeek
The Partnership: The Making of Goldman Sachs By Charles D. Ellis The Penguin Press; 729 pp.; $37.95 Time will tell whether Henry Paulson, architect of the Wall Street bailout, proves to be the savior of the U.S. financial system or just the redeemer ...

The Making of Goldman Sachs - San Francisco Gate
By Charles D. Ellis Penguin; 729 pages; $37.95 On Wall Street, there is no shortage of glitz and glamour, press-courting moguls and outsize personalities. And then there are firms like Goldman Sachs. Slowly, diligently, it has ripened from no-name ...

Too Much To Give Up? - San Francisco Gate
I agree with you blaudau that there has to be something behind this such as a third party. I can't imagine that the team is going for broke in 09 and would mortgage the future for having Matt Holiday for one year--and with Boras as his agent you have ...

What can John McCain do? - Atlanta Journal Constitution
Barack Obama enters the final week of the presidential campaign with supporters and the media propelling the inevitability of his coronation a week from Tuesday. What can John McCain do? He has six work days and a weekend to convince the nation that ...

Anti-Obama Boomerang? - Slate
It's come to this: Counterproductive overspinner Chris Lehane and his firm get $100,000 a month (according to S.F. Chronicle 's Matier & Ross) to craft mindlessly combative sound bites for Hollywood studios in their dispute with the Writers Guild ...

Anti-Obama Boomerang? Why more votes for McCain might mean more Dems ... - Slate
The "October Surprise" that might help McCain wouldn't be a new bin Laden tape, or an Al Qaeda attack, but rather a medium-sized setback in Iraq , no? One of McCain's problems is that voters aren't paying much attention to Iraq--because it looks from ...

Jake could make for J-heavy rotation - Atlanta Journal Constitution
The entry titled "Jake could make for J-heavy rotation," and any of the comments about it. A few things while pondering how a rotation with Jake, Jair and Jorge would be in J-overload if Jo-Jo were also to join (realizing, of course, his name ...

Live chat: Lowell Greenbaum and Dave Barbee - Augusta Chronicle
s eagle: Chairman Greenbaum...How do you feel about Obama's plan of wealth distribution? I don't mean the Democrat spin,I know what that is, I hear it dozens of times a day, but your thoughts. Lowell Greenbaum: To my knowledge he never quite said ...

Election 2008 - Weekly Standard
Bill Sammon's sources tell him Steele may announce as soon as Thursday , and is courting the endorsement of Newt Gingrich, which if landed, would do much to scare off the incumbent and possible challengers: The source also contradicted a report in ...

Still no Medical Records from Palin; What's the Hold Up? - ABC News Blogs
ABC News Kate Snow reports: Governor Palin's campaign still has not released any information regarding her medical records despite frequent requests from the news media and the campaign's own assertion that they would release this information soon ...

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