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News about Mortgages:
Homeowners need help, area analysts say - Pittsburgh Tribune ReviewIf it emerges from the House, the government's proposed $700 billion bailout for the nation's financial industry should keep consumer lending flowing and ease somewhat the nation's mortgage foreclosure crisis, some local experts believe. But some say ...
Reinhold ice cream's North Side plant acquired - Pittsburgh Tribune ReviewReinhold Ice Cream Co.'s North Side plant and surrounding properties were claimed by the mortgage holder at an Allegheny County sheriff's sale Monday. The sale does not affect ice cream making at the plant, which is run by a unit of LaSalle Brands ...
Lenders tighten credit terms - Pittsburgh Tribune ReviewContinuing housing problems, now coupled with Wall Street's financial crisis have chased easy credit from Main Street. Even as mortgage rates have fallen, access to funds has tightened, while lenders have moved to sharply reduce the size of lines of ...
Reserve couple accuse Fannie Mae of fraud - Pittsburgh Tribune ReviewAn Allegheny County couple has filed a class action lawsuit accusing board members and top executives of secondary mortgage market giant Federal National Mortgage Association, or Fannie Mae, of defrauding thousands of investors during an 11-month ...
Community branches not feeling the banking crisis - Morning SunFlip on the 6 p.m. news, and there’s likely to be a story about the banking crisis. Bear Stearns, Lehman Brothers and Merrill Lynch have all captured national headlines and investors’ fears. But local banks aren’t feeling the same pinch ...
East Bay ground zero for wipe-out - Inside Bay AreaElizabeth Rose, a specialist with Lehman Brothers MarketMakers, works her post on the trading floor of the New York Stock Exchange, Monday, Sept. 15, 2008. A stunning reshaping of the Wall Street landscape sent stocks down sharply Monday, but the ...
Squatters in abandoned homes raise fears among East County Realtors - Inside Bay AreaColdwell Banker Realtor Kirsten Amodeo bangs on a window and announces her presence at the front door of a foreclosed home in Antioch, Calif., on Friday, Sept. 5, 2008. She now carries pepper spray to protect herself from intruders who have begun to ...
Business in brief - Milwaukee Journal SentinelMembers of Wisconsin’s congressional delegation said Wednesday that they met with Mark Suwyn, chairman and chief executive officer of NewPage Corp., on behalf of 475 workers who lost their jobs with the closing of the NewPage paper mill in Kimberly ...
Terry Pluto's Scribbles: Bad combination can't unlock offense - Cleveland Plain DealerScribbles in my Browns notebook as they lost to Pittsburgh again... Suppose someone told you before the game -- even with all the wind and rain -- that the Browns would hold Pittsburgh to 10 points. Shouldn't that be good enough to win? The defense ...
Does McCain’s big lead here hurt Tennessee? - Nashville City PaperThe 2008 Republican National Convention in St. Paul, Minn. has come to a close — a convention that was threatened by a hurricane but over four days built up a strong wind of its own and has given Republicans the fuel they need to storm the country ...

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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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