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News about Mortgages:
Forget the subprime mortgage mess — Collin Peterson in Europe trying ... - DL-OnlineU.S. Rep. Collin Peterson, D-Minn., left for Europe this weekend to discuss ways to regulate little-known and difficult-to-understand “credit default swaps.” “It has to be global,” Peterson said, so he and other House Agriculture Committee ...
Kent Grocery Store opens on Main St. - TriVallyCentralOnly weeks after townspeople were dismayed to find the Kent Market doors closed forever, the site has reopened as the Kent Grocery Store. Caralee Rochovansky and Theresa Drentwett have combined forces to open a new market that will feature sundries ...
Kent County foreclosures climb, but some find hope - MLive.comPress Photo/Hoyt E. Carrier II Kathy Broekstra found help through Home Repair Services to keep her home on Grand Rapids' Northwest Side. GRAND RAPIDS -- Kathy Broekstra became a statistic this year, but in a good way: She avoided foreclosure in a ...
Global Development Resources, Inc. to Retain Ownership in its ... - Market WireTORONTO, ONTARIO--(Marketwire - Dec. 1, 2008) - Global Development Resources, Inc. (TSX VENTURE:GDV.U) ("GDR" or the "Company") announces today that the purchasing group has withdrawn their offer for the purchase of GDR's wholly owned subsidiary ...
How To Cope With The Flood Of Foreclosures? - ForbesDespite soaring foreclosure rates, President Bush and other Republicans have not made this a top priority, and Treasury Secretary Henry Paulson has refused to draw on the $700 billion rescue fund to help homeowners, saying that saving financial ...
Loan servicer Ocwen buys Texas bank - South Florida Business JournalKent County State Bank’s headquarters includes a building, left, that dates back to 1912. As the only bank in Kent County, Texas, which has 735 residents in 902 square miles, Kent County State Bank would not seem like a prized acquisition target ...
Washington Bureau - Dallas Business JournalForeclosures continue to outpace efforts to modify mortgages, prompting calls for the federal government to provide more robust relief to struggling homeowners. In October, foreclosure filings were reported on nearly 280,000 properties in the U.S., a ...
Foreclosure Response - WZZM 13GRAND RAPIDS (WZZM) - Foreclosure rates continue to rise in West Michigan. The Community Research Institute at Grand Valley State University reports foreclosures in Kent County went up 28% in the first half of this year. CRI released a similar report ...
Feds hope to unfreeze SBA, consumer lending - Portland Business JournalThe Federal Reserve Board announced plans Tuesday to create a $200 billion lending facility aimed at unfreezing secondary markets for Small Business Administration loans and consumer loans. Under the program, loans will be made to holders of asset ...
Cost Estimates of Fixing US Economy Vary Widely - Voice of AmericaHow much will it cost to spend the U.S. economy back to health? And who will pay the bill? VOA's Kent Klein in Washington asked economists for their insights on those questions. The U.S. government is spending an unprecedented amount of money to ...

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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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