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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.

View all Terms
Maricopa mortgage loan news:
Financial News
State of the Phoenix Real Estate Market Address - Transworld News
To members of Congress, President Bush, President-Elect Obama, fellow Americans, and current and future residents of the Phoenix area, the state of the Phoenix real estate market is “weary but hopeful.” Numerous challenges including an onslaught ...

Growing state needs a healthy infrastructure - Arizona Daily Star
Arizona's infrastructure is deficient and will not improve without decisive leaders willing to make tough, often unpopular decisions. Up until the early 1990s, Arizona was a planner and investor in infrastructure, according to economist Dennis ...

Arizona mortgage failures fuel crisis - Arizona Daily Star
1. A borrower takes out a loan from a lender to buy a home or to refinance. The borrower makes payments to the lender or a servicing company, which may buy the rights to receive payments. 2. The lender pools the loan with other loans and sells them ...

City and nonprofit see a chance to join forces - Herald Tribune
NORTH PORT - Habitat for Humanity South Sarasota County is building two new houses on Maricopa Road, a big share of the limited construction activity in the current economic downturn. North Port issued only seven new home permits last month ...

ASU: Foreclosures are 44 percent of Phoenix home sales - ABC 15 News
Sales of foreclosed homes in the metro Phoenix area made up nearly half of all existing homes sold in the area last month, a new study shows. Of the 7,505 resale home transactions recorded in Maricopa County in August, 44 percent were bought out of ...

Arizona pool sales plunging - AZCentral.com
The credit crisis, which has made loans more difficult to obtain, has had a dramatic effect on the sale of pools in the Valley, putting companies out of business and leaving others scrambling to diversify. Pool builders were feeling the pinch as home ...

AZ foreclosure filings up 78% in 3rd quarter - Arizona Daily Star
The combination of sinking home values, tighter mortgage lending criteria and an economy that many economists think has already slipped into recession has left hundreds of thousands of homeowners with few options. Many can't find buyers or owe more ...

Tight credit sinks plans for those who buy, build pools - Honolulu Advertiser
PHOENIX — The credit crisis, which has made loans more difficult to obtain, has had a dramatic effect on the sale of pools around the country, putting companies out of business and leaving others scrambling to diversify. Pool builders were feeling ...

Scott Coles: The story behind the life — and death — of the ... - Phoenix New Times
A Mormon Widower Wasn’t Counting on a Murder Rap When He Followed His Late Wife’s Instruction to Marry His Ex-Lover The girls and their guys — most wearing designer jeans and starched shirts — swarmed through the pristine neighborhood as if ...

Letters to the editor: Election issues - East Valley Tribune
We encourage readers to submit letters to the editor on issues of interest to East Valley residents. Submissions should be no longer than 300 words, factually accurate and original thoughts of the writer. Please be brief and include name, address ...

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