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Many fresh hands at the helm - Omaha World-Herald
LINCOLN — Stormwater runoff problems in eastern Nebraska and water shortages in western Nebraska may get equal billing under the new chairman of the Legislature's Natural Resources Committee. State Sen. Chris Langemeier of Schuyler attributed his ...

New estate agents who aren’t fazed by the housing slump - Belfast Telegraph
Two Belfast property experts have joined forces to form Northern Ireland’s first new estate agents in a year, it was revealed today. And despite the current economic gloom, another estate agent was also launched recently in Donegal to cover the ...

Quail Valley developer James MacNaughton fondly remembered - Fort Bend Star
The man who built Missouri City, James H. MacNaughton, has passed on at the age of 86. He will forever be remembered for having developed the first master-planned community, Quail Valley, in Missouri City and Fort Bend County. Missouri City Mayor ...

Ransomville woman dies of injuries from Dec. 11 crash - Buffalo News
LEWISTON -- A Ransomville woman whose car collided with a tractor-trailer last month on Ransomville Road has died. Loraine L. Baxter, 76, died in Erie County Medical Center, authorities said today. The crash happened at about 5:32 p.m. on Dec. 11 ...

Realtors: Buy Now - Warren Times-Observer
Despite the current economic crisis, mortgage rates have dropped significantly since the Federal Reserve recently unveiled a plan to buy up to $500 billion of mortgage securities backed by government-sponsored enterprises Fannie Mae , Freddie Mac and ...

Calif. court sides with US church over property - Buffalo News
The state's high court has prohibited three Southern California parishes who left the U.S. Episcopal Church over its ordination of gay ministers from retaining ownership of their church buildings and property. In a unanimous decision, the California ...

Wells Fargo completes buyout of Wachovia; name to stay for now - Charleston Regional Business Journal
Wachovia Corp. , South Carolina’s largest bank by deposits and market share, is now officially absorbed into San Francisco-based Wells Fargo & Co . As of June 30, Charlotte-based Wachovia had $11.69 billion in deposits in South Carolina, well ahead ...

Auctions feature deep discounts, but buyer beware - Pittsburgh Tribune Review
As the mortgage and credit crisis continue, the Pittsburgh region is likely to see more auctions of foreclosured properties like the one Real Estate Disposition Corp., of Irvine, Calif., conducted last month. REDC is planning a return engagement in ...

2 big banking sector acquisitions completed - Associated Press
ATLANTA (AP) -- Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared ...

A long fall from realm of power - Boston Globe
Richard Vitale ran in Boston's power circles, cultivating friendships through business, charitable fund-raising, and on the golf course. His approach was summed up by the motto at Vitale Caturano, the large accounting firm he cofounded three decades ...

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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