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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
Lotto win father breaks his toy shop promise - Daily Telegraph
They couple have already paid off their mortgage, credit cards and loans, and said that the windfall came just as family finances were becoming tight Photo: PA Mark Myatt and his wife Trina, from Hemel Hempstead, Hertfordshire treated themselves to a ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. XM Satellite Radio Holdings and Sirius Satellite Radio appear to be finally approached the end of their now 520-day slog to merge with today ...

$135b still frozen by an early '08 debacle - Boston Globe
As they grapple with the credit crunch, many businesses across the country have yet another cash constraint: more than $100 billion tied up in a part of the bond market that shut down last February and that isn't going to reopen. Vicor Corp. is one ...

How the Middle East crisis affects oil prices - Globe and Mail
As the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. Is the recent jump in oil prices directly related ...

The Winners From the Year That Was - Wall Street Journal
Jamie Dimon and Ken Lewis: Wall Street desperately needed a hero in 2008. And while calling either a hero might be an overstatement, the leadership of both men enabled their firms to not just ride out the storm but to take advantage of opportunities ...

December 2008 - Posts - MSNBC Firstread
One wouldn't pretend to know how this Burris / Blago Senate affair is going to get sorted out, but one factor may be the signature -- or lack thereof -- of the Illinois secretary of state certifying the appointment. While reports maintain that the ...

New Forth Bridge plan in disarray - Scotsman
PLANS for a new Forth road bridge were in disarray last night after the UK Government threw out a request to give the SNP administration a multimillion-pound cash advance. Scottish finance secretary John Swinney had asked Westminster for the cash ...

Bridge row may scupper schools and new hospitals - Scotsman
MAJOR government projects, including schools, hospitals and transport schemes could be delayed or cancelled because of a dispute over the funding of the new Forth road bridge, ministers warned last night. The Scottish Government wanted to spread the ...

The Note - ABC News Blogs
ABC News' Karen Travers Reports: Entertainer Al Franken may be getting closer to one of the most hotly contested Senate seats in the U.S. The Democrat gained a 50 vote lead over Republican Sen. Norm Coleman in Minnesota's Senate race after the state ...

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