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Pa. appeals court says mom can't move kids to Ohio - Philadelphia Inquirer
MERCER, Pa. - Pennsylvania's Superior Court says a divorced woman can't move to Ohio with her two children because it would take them away from their father and not be in their best interest. The ruling upholds one by a Mercer County judge last year ...

N.J. lawmakers focus on economic crisis - Philadelphia Inquirer
In a series of what Assembly leaders said were "unprecedented" hearings on the state's economy, lawmakers moved yesterday to trim taxes for New Jersey businesses, expand grants to help keep or create jobs, and help homeowners avoid foreclosure ...

Newcomers vie for Middlesex Borough seats - MyCentralJersey.com
Debra DeVuyst, 52, who works for a communications company, and Michael Class, 34, who owns two small businesses, are the Republican candidates. Courtenay Mercer, 30, a professional planner, and Roger Sanchez, 29, who owns a mortgage banking firm, are ...

While Congress debates, NJ builders and Realtors explored housing ... - MyCentralJersey.com
PLAINSBORO -- Realtors and builders Wednesday met to discuss the taxpayer buyout of mortgage-suppliers Fannie Mae and Freddie Mac, with lawmakers in Washington looking to break a logjam over a broader government bailout of another private-sector mess ...

Mom loses appeal to move children - Sharon Herald
A state appellate court has agreed with a local judge that allowing a woman to move her two children out of Mercer County, away from their dad, is not in the best interests of the children. Cynthia Yeager lives in Pymatuning Township with her two ...

Assembly panel approves bill to help struggling homeowners - Newark Star-Ledger
As the Assembly focused solely on ways to address the faltering economy today, a bill to create a fund to help homeowners avoid foreclosure won approval by a key committee. The Assembly Budget Committee voted 8-3, with one abstention, in favor of the ...

Affordable housing reality - tons of applicants - Bridgeton News
The mortgage crisis, Wall Street troubles and overall economic collapse of the last several months apparently have increased the demand for public housing in South Jersey. In fact, desperation may be more appropriate than demand - and if it isn't at ...

State lawmakers: Don't panic; take action - Morris County Daily Record
TRENTON -- The state Legislature's newfound emphasis on economic issues opened Monday with an urgent call to action tempered by reassurances that New Jersey is putting itself in a position to weather the global financial storm. Against a backdrop in ...

Waitress says economy causing people to eat out less - Macon Telegraph
ou know the economy has gone South when folks around here are going to restaurants and not ordering sweet tea. At least not as much. "More people are drinking water," said Mary Heenan, a server at Luigi's Bistro. Heenan, 25, has been waiting tables ...

Demand for ownership housing in the GTA will remain very strong in ... - CNW Group
TORONTO, Nov. 8 /CNW/ - GTA homebuyers will remain confident in their ability to purchase and pay for a home over the long term, according to Jason Mercer, Canada Mortgage and Housing Corporation's (CMHC) Senior Market Analyst for the Greater Toronto ...

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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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