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News about Mortgages:
Foreclosures scare off trick-or-treaters - Detroit NewsOn past Halloweens, 4-year-old Lauren Fleming has trick-or-treated in her Roseville neighborhood with the little girl who lives next door. She won't be doing that this year. That's because the neighbors had their home foreclosed on. So did the other ...
KRAUTHAMMER: More reasons to back McCain - Rocky Mountain NewsLast week I made the open-and-shut case for John McCain: In a dangerous world entering an era of uncontrolled nuclear proliferation, the choice between the most prepared foreign policy candidate in memory vs. a novice with zero experience and the ...
Fears about Obama utterly groundless - Rocky Mountain NewsI read with great disappointment the letter from Virginia Jasper concerning the election of Barack Obama as our next president ("So grateful Obama will take care of us," Nov. 10). As usual, the Republican point of view involves name-calling ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
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