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News about Mortgages:
Suit: CEO looted firm - Raleigh News & ObserverClifton has said she was unaware of problems. The trustee for the insolvent Castleton Group has filed a lawsuit against its founder, Suzanne Clifton, alleging she withdrew at least $3.09 million from the company before its bankruptcy. The suit also ...
Breast cancer diagnosis launches community - Star News OnlineJust before her son, Gage, had his first birthday party, Connie Hill noticed a lump on her left breast - just a tiny hard spot, no bigger than a small pea or a BB pellet. Her gynecologist thought it was something like a cyst, nothing to worry about ...
California: Hey, why not bail us out, too? Update: California responds - Hotair.comCalifornia has a whopping $28 billion dollar deficit , thanks to their inability to control spending. When Governor Arnold Schwarzenegger first took office on a platform of fiscal responsibility, the Golden State deficit was around $16.5 billion ...
In Memory of WECT General Manager Karl Davis - WECTClick here to read all the recent local news that matters most. On behalf of everyone at WECT, we'd like to thank you for your many expressions of sympathy. We'd like to share some of the kind words that have been expressed. If you would like to ...
Wild Card -- Weekend - Spokane Spokesman-ReviewOnly 3 more days until we get after it again in the new year. I hope you're enjoying yourselves as 2005 comes to an end. If you have some thoughts on the old year or resolutions for the new one, you can post it here. Or start your own thread. Or wait ...
Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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