Lyndhurst Mortgage Rates and Information Online from competing Lenders

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Guilty plea in money laundering plot - NorthJersey.com
A Lyndhurst attorney admitted Friday to a money-laundering scheme in which he duped various mortgage title companies out of millions of dollars while he used funds to gamble in Atlantic City casinos, state officials said. Michael P. Rumore, 50, who ...

Update: Recovering from foreclosure - Marketplace.publicradio.org
TESS VIGELAND: As Nic Retsinas just noted, the large number of home foreclosures, sadly, was one of the big stories of 2008. This week we're revisting a few folks we met last year, and today we turn to a family that experienced the foreclosure story ...

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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