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Flexsteel to close plant in Elkhart County - Evening StarDubuque, Iowa-based Flexsteel Industries Inc. said today it will close its New Paris seat manufacturing facility and cease operations at its Lancaster, Pa., facility. A total of 250 employees will be laid off. In a statement, the company said it ...
Lake City Bank Reports 3rd Quarter Results - MSN MoneyCentralWARSAW, Ind., Oct. 27, 2008 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported quarterly net income of $5.2 million for the third quarter of 2008 versus $4.4 million for the third ...
Governor announces plan to help with foreclosers - Hendricks County FlyerGov. Mitch Daniels announced this week that the state has developed a plan that will distribute $84 million to help cities and towns across Indiana buy abandoned or foreclosed homes, demolish or redevelop vacant properties, and help low- and moderate ...
Foreclosure crisis reaches new milestone - WNDUAnother year has brought another disturbing milestone for home foreclosures in St. Joseph County. 2008 marks the second consecutive year that foreclosures topped 2,000 properties. It's the fourth year in a row that a record high was set. The 2008 ...
Barack Obama wins race for White House - WNDUSenator Barack Obama will be the next president in the White House with Vice President Joe Biden. As the clock struck 11 PM Eastern, the polls for parts of the West Coast closed and Barack Obama was projected to eclipse the 270 electoral votes needed ...
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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