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News about Mortgages:
Poconos mortgage suit set for February - Allentown Morning CallA federal lawsuit filed six years ago alleging that more than 100 home buyers were defrauded by JP Morgan Chase Bank and a Poconos builder will finally go to trial in February. U.S. District Judge Christopher C. Conner on Friday set a Feb. 2, 2009 ...
Homeowners boosted, Obama bashed during McCain campaign stop (with ... - Pocono RecordBETHLEHEM — Sen. John McCain touted his new plan for a federal buyout of home mortgages and swiped at his rival during a campaign stop at Lehigh University's Stabler Arena on Wednesday. "The dream of owning a home should not be crushed under 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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