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Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. See the complete Your Money Matters report. The 35-year-old software-development project manager, who lives in Cary, N.C., has been socking ...

Meltdown far from over, new mortgage crisis looms - Newsweek
The system has never been tested for a deep recession," said Ken Rosen , a real estate hedge fund manager and University of California at Berkeley professor of real estate economics. One hope was that the U.S. would use some of the $700 billion ...

Berkeley economist to head Obama economic council - Politico.com
President-elect Obama plans to name Christina Romer, an expert on tax cuts and recessions who is an economics professor at the University of California at Berkeley, to chair his Council of Economic Advisers, aides said. This should come in handy ...

Brasch Words - American Reporter
BLOOMSBURG, Pa. -- President George W. Bush gazed into the cameras on a Tuesday morning in July and tried to assuage the fears of about 300 million Americans who believed they were in the middle of a recession. "The economy is growing," said the ...

Revolutionary help for homeowners - Yahoo News
Berkeley, Calif. – Home prices in the US are in free fall. As long as that's the case, millions of homeowners will face the risk of foreclosure – and the wider economy will suffer. Therefore, stabilizing the housing market effectively and ...

New Mortgage Crisis Looms - Time
That pace is expected to quicken. The number of late payments and defaults will double, if not triple, by the end of next year, according to analysts from Fitch Ratings Ltd., which evaluates companies' credit. "We're probably in the first inning of ...

More mortgage woes loom - Reno Gazette
WASHINGTON -- The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis -- one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full ...

Get Out Of The House - San Francisco Gate
1. Take a trip to the Ferry Plaza Farmers' Market on Saturday morning at the Ferry Building to pick up everything you need for dinner that night, and prepare it together. For lunch, take a break and stop by the Hog Island Oyster Co. for some of the ...

Chronicle's picks for Thanksgiving weekend - San Francisco Gate
Michael Bauer, Jesse Hamlin, Peter Hartlaub, Rob Hurwitt, Joshua Kosman, Mick LaSalle, Joel Selvin, Tom Stienstra, Aidin Vaziri, Sam Whiting, Steven Winn 1. Take a trip to the Ferry Plaza Farmers' Market on Saturday morning at the Ferry Building to ...

Next mortgage crisis involves commercial properties - Canton Repository
WASHINGTON The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full ...

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Today's Mortgage Terms starting with H

  • Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
  • Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
  • Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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