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Lawsuits allege predatory lending practices - Chico Enterprise-RecordCARSON CITY, Nev.—A Reno lawyer is seeking class-action status for several U.S. District Court lawsuits alleging predatory practices by major lenders that have left his clients facing foreclosures and threatened sales of their homes. Bob Hager said ...
Voter-fraud task force raids office backing Obama - Washington TimesA Nevada voter-fraud task force Tuesday raided the state headquarters of a Democrat-allied organization that works to get low-income people to vote, setting off a skirmish over efforts to expand the electorate on behalf of Sen. Barack Obama ...
Housing Pain Gauge: Nearly 1 in 6 Owners 'Under Water' - Wall Street JournalThe relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than the home is worth, raising the possibility of a rise in defaults -- the very misfortune that touched off the credit crisis last year. The ...
KOLO Featured Events - KOLO TV RenoFALLON - Washaington's economic rescue effort is arriving too late for many in the automotive industry. It's estimated as many as 700 new car dealerships may close this year. The loss of one of them is already hitting a northern Nevada community ...
Execs’ posh retreat after bailout angers lawmakers - Las Vegas SunLess than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the company's meltdown said Tuesday. The tab ...
Site Presented By - SalonWe're now less than an hour away from the second presidential debate of this general election cycle. It's not likely that this will have a major impact on the election -- ultimately, debates have never been shown to have a significant effect on the ...
Business experts see some edge for regional banks - Newark AdvocateCINCINNATI (AP) — Some of Ohio’s regional and community banks might have an edge over industry giants as the banking sector struggles to cope with the financial meltdown that resulted in the federal government’s $700 billion rescue plan, some ...
UCLA Anderson Forecast Presents: Orange County Economic Outlook for ... - PR Inside- UCLA Anderson: -0- WHAT: UCLA Anderson Forecast Economists will present their sixth annual economic outlook for the Nation, State and Orange County. Industry experts will discuss the turmoil on Wall Street and examine the restructuring of Freddie ...
Why the GOP is responsible for state we’re in - Las Vegas SunWhen one ponders the current status and actions of our government over the past few years, it is natural to ask who is responsible for it all. Inevitably one must conclude it is the Republican Party. The Republicans have perpetrated on the American ...
Phila. area at low risk for more housing price drops - Philadelphia InquirerPhiladelphia-area housing prices have a small risk of being lower in two years, according to a study by the PMI Mortgage Insurance Co. Using second-quarter data from the Office of Federal Housing Oversight, the Walnut Creek, Calif., company said ...

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Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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