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In Lieu of Any Real Leadership, Let’s Ask Franklin D. Roosevelt - Wall Street JournalPetty partisan slapfighting got you down? Worried about the nation’s economic future being hijacked by politicians balancing the uppers of popularity with the downers of a potential worldwide meltdown? Wondering what happened to a time when ...
Blame game in White House race - News.com.auOPEN warfare broke out in the White House race today over US lawmakers' costly failure to approve an economic rescue bill, even as both candidates appealed for cooler heads to prevail. Democrat Barack Obama and Republican John McCain both telephoned ...
Congress decides it is worth risking depression - Financial TimesIt is just over three score years and ten since the Great Depression. Judged by its rejection of the plan put forward by Hank Paulson, US Treasury secretary, Congress believes it is time to risk another one. That slump was, arguably, the greatest ...
Dominic Lawson: Why should anyone trust Joe Biden? - The IndependentJoseph Robinette Biden – known to all as "Joe" – was once the most talked about American politician in Britain. Unfortunately for the senior Delaware Senator, all the talk was accompanied by incredulous laughter. As part of his Presidential ...
Revolt of the nihilists - Seattle Post IntelligencerIn 1933, Franklin Roosevelt inherited an economic crisis. He understood that his first job was to restore confidence, to give people a sense that somebody was in charge, that something was going to be done. This generation of political leaders is ...
McCain or Obama: Who's best for the economy? - Los Angeles TimesNeither John McCain nor Barack Obama envisioned campaigning while the financial markets were in meltdown and the economy teetered on the brink of recession. Yet both set partisanship aside to support a difficult plan that could make a real difference ...
The Bailout Bill Fails (Update #3) - BusinessWeekOnce again, it is back to the drawing board for the Treasury’s proposed $700 billion rescue plan for the financial industry. In a development that stunned Washington after more than a week of intensive negotiations, the bailout bill failed in the ...
Commentary: America can't go cold turkey on credit - CNNCNN) -- My family doesn't use credit much. We pay off our charge cards every month. We drive used cars. We paid off our house mortgage early and have not refinanced.
Current Comedy: The Pack of Lies We Are Expected to Agree To - OpEdNews.comAs I predicted in last week’s laugh-fest, the administration has begun cracking the heads of those guilty of the crime of being all too visibly poor. The first of the New World Order (NWO) new century Hoovervilles to be attacked was homeless ...
List of government bailouts over the past century - CNBC1932 — The Hoover administration creates the Reconstruction Finance Corp. to facilitate economic activity by lending money. 1933 — The Roosevelt administration creates the Home Owners' Loan Corp. to buy $3 billion in bad mortgages from banks and ...

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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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