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News about Mortgages:
Chuck Douglas: Frankly, we know where the blame for the mortgage ... - Union LeaderIn a recent op-ed column here, Rep. Barney Frank, D-Mass., made it sound like the evil Republicans were behind this easy money housing crash that we are in. The reality is quite different. In September 2003, when many were warning that Fannie Mae and ...
Towns: Hard times trickle down - Union LeaderMANCHESTER – Local government leaders heard the sobering assessment yesterday that the state's recession-teetering economy could hurt their revenues well into 2009. Brian J. Gottlob, of the Dover-based PolEcon Research, said towns and cities may ...
Local auto dealers urge industry aid - Concord MonitorAuto dealers across the Granite State are watching closely as Congress heads into its lame-duck session next week, hoping legislators will step in if a Big Three manufacturer teeters too close to collapse. While reports from Capitol Hill late this ...
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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