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News about Mortgages:
Alan Bebout - Boothbay RegisterHome sales in the southern midcoast area are down a bit, with sales in Bath down by 50%. But Arrowsic home sales this year are 50% above average, with Southport and Georgetown also seeing dramatic increases. Wiscasset, Westport Island and Dresden ...
Lower diesel costs ‘not making a difference’ for lobstermen - Bangor Daily NewsThis year isn’t turning out to be one that members of Maine’s lobstering community will remember as one of their best. And according to some, 2009 probably won’t be, either. The global economic crisis recently has sent lobster prices tumbling ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
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