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Rescue Me - Wall Street JournalPaul Gigot: Coming up next "The Journal Editorial Report," world leaders gather in Washington to address the global financial panic as the Bush administration announces a retooling of its $700 billion rescue plan. U.S. Treasury Secretary Henry ...
State mortgage-assistance program seen as falling short of ... - New London DayLaura Lillian Dickerson sits in the kitchen of her historic Cooke House condo in Norwich late last month. Dickerson, who obtained a sub-prime mortgage to purchase the unit, has been unable to get any help from the state is now facing foreclosure ...
UPDATE:Life Insurers Take Brunt Of Commercial Mortgage Worry - CNN MoneyCHICAGO -(Dow Jones)- Should commercial real-estate turn out to be next focus of the financial crisis, life insurers will be among the companies feeling the most heat. Life insurers on average have the equivalent of about 41% of their equity invested ...
Career Moves - Raleigh News & ObserverStory Tools Tad Dunn has been hired as deputy director of the N.C. Military Foundation, which has its headquarters in Raleigh. Dunn will establish the Foundation's Charlotte office. Daniel LaBadie has been named manager of preconstruction services at ...
Life Insurers Take Brunt of Commercial Mortgage Worries - CNN MoneyCHICAGO -(Dow Jones)- Should commercial real-estate turn out to be next focus of the financial crisis, life insurers will be among the companies feeling the most heat. Life insurers on average have the equivalent of about 41% of their equity invested ...
National gas prices hit 3-year low - Pueblo ChieftainHOUSTON - Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could not be ...
Gohmert files two bills against bailout - Longview News-JournalU.S. Rep. Louie Gohmert, R-Tyler, filed two bills Thursday that would rescind U.S. Treasury Secretary Henry Paulson's bailout authority and pump money back into the nation's infrastructure. Gohmert's REAP Act would require the Department of Treasury ...
LINDA ISHMAN - Warren Times-ObserverLinda Ishman, 52, of 2219 Maple Crest Dr., Charlotte, N.C., died Wednesday (November 12, 2008) at Presbyterian Hospital in Charlotte. Born April 5, 1956, in Kane, she was a daughter of Emory Eckstrom and Sara Markey McCracken. On August 27, 1977, in ...
Banks rush to fix system they broke - Minneapolis Star TribuneWells Fargo, Citigroup, J.P. Morgan Chase and other huge mortgage lenders are falling over themselves to introduce mortgage-remediation programs designed to keep creditworthy borrowers out of foreclosure. They should. They helped create the mess ...
Home repossessions rise 12% as economy worsens - Times OnlineRepossessions in July, August and September jumped sharply by 12 per cent and, according to the Council of Mortgage Lenders, full year numbers are expected to soar by 70 per cent compared to 2007. The number of repossessions that took place over the ...
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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