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Laurie Goodman to Join Amherst Holdings, LLC as Senior Managing ... - PR Inside
Amherst Holdings, LLC, a holding company for businesses focused on the mortgage sector, announced today that leading mortgage strategist Laurie S. Goodman will join as a Senior Managing Director in charge of research, risk management and business ...

A chance well-taken - Burlington County Times
There comes a time in our lives when the big chance beckons to be taken — or we safely pass.Hitting his mid-40s, Ed Stefanski saw his shot clock running out. A born gym rat, he desperately wanted back in the game. To his life-long friend and long ...

Legal Boutiques Sue UBS, Citigroup as Large Law Firms Beg Off - Bloomberg
Nov. 19 (Bloomberg) -- When Michael McNicholas, legal counsel at HSH Nordbank AG in London, needed help suing UBS AG to recover $275 million in subprime mortgage losses, he didn't bother turning to the big London law firms for help. ``It's well known ...

Legal Boutiques Sue UBS, Citigroup as Others Beg Off (Update1) - Bloomberg
Nov. 19 (Bloomberg) -- When Michael McNicholas, legal counsel at HSH Nordbank AG in London, needed help suing UBS AG to recover $275 million in subprime mortgage losses, he didn't bother turning to the big London law firms for help. ``It's well known ...

Sheriff's sale set for 10 of investor's holdings - Pittsburgh Tribune Review
A Pittsburgh-based investor faces the loss of 10 properties -- most housing rental apartments -- in the city and nearby communities at a Dec. 1 Allegheny County sheriff's sale. R.A.E.D. Investments Inc. of Pittsburgh and Davin Investments Inc. are in ...

Q & A: Borrowers having payment trouble have a few more choices - News-Press
A: A lot has happened since that article was written. Very shortly thereafter, the HOPE NOW program promoted by Treasury Secretary Henry Paulson began as an effort by housing counseling agencies and mortgage servicers to modify loans on a strictly ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Now that Hank Paulson has transformed the U.S. Treasury into Goldman Sachs South–buying, selling, lending to and merging companies–it ...

U.S. Attorney in Manhattan resigns to join law firm - Reuters
NEW YORK (Reuters) - Michael Garcia, a top federal prosecutor of terrorism and white-collar crime cases in New York, resigned on Monday to join a private law firm. Garcia, 47, will be replaced temporarily by his deputy, Lev Dassin, until President ...

In Philadelphia region, existing-home sales down 21.1% - Philadelphia Inquirer
Existing-home sales in the eight-county Philadelphia region fell 21.1 percent year-over-year in the third quarter, while median prices eroded a scant 2.6 percent, data released yesterday show. Nationally, however, sales were down just 7.7 percent ...

A Modest Proposal to Solve the Financial Crisis - American Thinker
I've just realized something: I've solved our financial crisis. Since media are already preparing their copy for stories about the Great Collapse of 2008, I've decided to share it with you instead of calling them. Don't worry -- we'll avert another ...

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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