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Schlumberger shares tumble - Daily Times
HOUSTON: Schlumberger Ltd, theworld’s largest oilfield services company, said on Wednesday its 2008 profit will fall below Wall Street estimates as the worldwide economic slowdown hits spending on oil and gas exploration. Shares of the company fell ...

ConfiCasa opens new Mexican office - Houston Business Journal
ConfiCasa Mortgage International LLC has opened an office in Manzanillo, Mexico. The office is the Houston mortgage financing company's second Mexico location. Jim Lehman is leading the new office. Other ConfiCasa locations are in Cabo San Lucas ...

Oxford Leads Mortgage Turn-Around - Market Wire
HOUSTON, TX--(Marketwire - December 4, 2008) - Every day's headlines announce a new government program or bailout to help homeowners restructure their mortgages and save their homes. Oxford ( PINKSHEETS : OXFD ) has been a leader in this process for ...

ConfiCasa Mortgage International Opens a Division in Manzanillo ... - Earthtimes
HOUSTON - (Business Wire) ConfiCasa Mortgage International, LLC continues to aggressively expand its on-the-ground office presence throughout the resort areas of Mexico with the recently announced opening of a division in Manzanillo, Mexico. Located ...

Forecast raises Dallas risk of mortgage defaults to moderate - Dallas Morning News
The latest mortgage market measurement gives the Dallas area a moderate risk of widespread mortgage defaults. San Francisco-based researcher First American CoreLogic rated the Dallas area 174th out of the 376 metropolitan areas it includes in its ...

Study: Dallas area at 'moderate' risk for widespread mortgage defaults - QuickDFW.com
The latest mortgage market measure gives the Dallas area a “moderate” risk of widespread mortgage defaults. San Francisco-based researcher First American CoreLogic rated the Dallas area 174 out of the 376 metropolitan areas it includes in its ...

Study: Dallas-area mortgage default risk rated 'moderate' - Dallas Morning News
Other Texas cities in the ranking include Houston which also has a “moderate” mortgage default risk and Austin, Fort Worth and San Antonio which are deemed to have a “low” economic risk of mortgage default. To come up ...

Whitney Houston, Bobby Brown may reunite - Chicago Sun-Times
We've heard it before, but folks inside Whitney Houston's circle of pals again insist the on-the-rebound diva and ex-husband Bobby Brown may be getting back together. The official word from Camp Houston sticks to to the old line about the divorced ...

Fitch Affirms Wells Fargo's 'RMS1' RMBS Master Servicer Rating - Earthtimes
NEW YORK - (Business Wire) Fitch Ratings has affirmed Wells Fargo Bank, N.A.'s (Wells Fargo) U.S. residential master servicer rating as follows: --Master servicer at 'RMS1'. This rating action reflects Wells Fargo's extensive master servicing ...

Affordable housing in Houston's Near Northside - KHOU
HOUSTON – In Houston’s Near Northside, the falling leaves signify a change in the air. But there's more happening this neighborhood than just a change in seasons.  Crystal Martinez takes great delight in decorating her home inside and out. It is ...

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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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