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News about Mortgages:
Heritage bank announces new loan officer - Leaf ChronicleJohn Peck, president and CEO of Heritage Bank, announces the addition of Mark Stewart as mortgage loan officer for the Christian County, Ky., market. Stewart will be responsible for residential mortgage loans in the Christian County area. He is a ...
Saline not feeling full brunt now - Benton CourierEconomic news is grim nationwide, but Saline County seems to be following the statewide trend by being somewhat insulated from the economic woes. “It depends on the sector you’re in,” state Sen. Shane Broadway, D-Bryant, said. “The retail and ...
A variety of news around Oregon and the Northwest - Ashland Daily TidingsPORTLAND — Sen.-elect Jeff Merkley says he plans to offer a bill to ensure federal timber revenue to cash-strapped Oregon counties when he takes office. The Oregon Democrat says the first goal is a sustainable timber harvest, to preserve logging ...
From the police report... - Spokane Spokesman-ReviewState Rep. Geoff Simpson, D-Covington, was arrested Sunday afternon on charges of fourth degree assault and interfering with reporting of domestic violence. He says -- see below -- that the charges are baseless and that he'll be exonerated. In ...
16 charged in mortgage fraud schemes - NewsdaySixteen people have been charged with involvement in two Long Island -based mortgage fraud schemes which lost lenders $13 million, federal officials said Wednesday. The charges, unsealed Wednesday in Brooklyn federal court, accused one group of ...
Mail Thefts in Butler County - KWCH.comThe zip code is 67017. The crime is mail theft. "I could not believe that someone actually had done that to us," says Benton area resident Stephanie Cowman. It started with an outgoing mortgage payment the postman never picked up and the bank never ...
Nicholas F. Benton: Aborting Deflation - Falls Church News-PressThe news came yesterday that for only the seventh month since 1947, October 2008 marked a one-percent decline in the Consumer Price Index (CPI), suddenly raising the specter of things far worse than a mere recession, but a deflation and depression ...
Financial firms face probe in subprime-mortgage fallout - Seattle TimesU.S. prosecutors are adding employees to investigate New York-area financial firms for possible fraud linked to a global credit crisis that has wiped out $30 trillion of equity value in the past year. The extra personnel will use strategies that ...
Defendant Indicted in $20 Million Mortgage Fraud Scheme - EarthtimesBROOKLYN, N.Y. , Oct. 23 /PRNewswire-USNewswire/ -- An indictment was unsealed this afternoon in Brooklyn federal court charging Osmond Decoteau , 48, with wire fraud for masterminding a scheme to defraud mortgage lenders and banks of more than $20 ...
Tri-City mortgage market grows with FHA-backed loans - Tri-City HeraldMike Martin recently refinanced out of an adjustable rate mortgage and into an Federal Housing Administration loan for his Richland home. Though the real estate market has slowed in the Tri-Cities, the number of FHA-backed loans has grown. Getting ...

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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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