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State colleges get an 'F' for affordability - Hattiesburg AmericanMississippi gets an F in making college affordable. The National Center for Public Policy and Higher Education this week released its biennial report card on how well states provide Americans with education and training beyond high school. Higher ...
Mortgage 'workout' programs: - Charleston GazetteCHARLESTON, W.Va. - As more than 11 million mortgages approach foreclosure nationwide, a parade of lenders - including Chase, Bank of America and Citicorp - are pledging to alter hundreds of thousands of mortgages to keep people in their homes ...
WaMu to cut 500 jobs from Florence mortgage center - Charleston Post & CourierFLORENCE — More than 500 workers at Washington Mutual's mortgage processing office in Florence will lose their jobs as the company is taken over by JPMorgan Chase & Co. JPMorgan Chase spokeswoman Nancy Norris told WBTW-TV that the jobs will be ...
Mortgage activity doubled last week - Charleston Post & CourierWASHINGTON — Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly survey. The activity in a holiday-shortened week came as average rates on some fixed-rate ...
Avoiding foreclosure - Charleston GazetteCHARLESTON, W.Va. - In 2007, a few months after Jeff Light was laid off from his longtime job, he and his wife realized they couldn't make the mortgage payment on their Huntington home. "We've got kids, and this is the only home they've really known ...
Mortgage Q&A: Promise amid challenges - The Washington TimesIn past years, I have often taken today's column to reflect on the economic environment in America and discuss what aspects and events deserve our thanks. I have to admit that this year's column is a bit harder to write. Let's summarize what's facing ...
United Bankshares receives OK for gov't funds - BusinessWeekCHARLESTON, W.Va. United Bankshares Inc. said Wednesday it received preliminary approval to receive up to $197.3 million as part of the government's bank investment program. The government investment, administered by the U.S. Treasury Department, is ...
Long-time business shutting - Daily CorinthianBOONEVILLE -- A going-out-of-business sale is under way at Goddard's Jewelry, a business considered a local tradition in downtown Booneville. Owners James and Donnie Goddard have made the decision to retire after giving it serious consideration for ...
Daily Report - Baton Rouge Business ReportFuture System Advisors has been awarded the first patent for a form of life insurance, a move that could generate billions of dollars in royalty payments for the company. "This is having a much bigger effect than I ever thought it would have," Future ...
Some year-end strategies to cut your tax bill - WTVF"Years like this offer the greatest opportunity to offset current or future capital gains or other income," says Josh Willard, senior vice president of the Coghlan Financial Group in San Diego. You must first use your capital losses to offset any ...
Today's Mortgage Terms starting with U
Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
URLA: Uniform residential loan application.
Usury: Interest charged in excess of the legal rate as established by law.
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