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Who's Who in West Virginia Business 2008 Winner: Brian Thomas  - WTRF
BRUCETON MILLS -- Brian Thomas took the helm of two family businesses by hard work, not by birthright. The 44-year-old Bruceton Mills native is now president and CEO of Clear Mountain Bank after working 20 years at the institution his family helped ...

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Today's Mortgage Terms starting with E

Equity: The difference between the current market value of a property and the total debt outstanding against the property.

Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

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