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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.

View all Terms
Hillsborough mortgage rates news:
Financial News
Counselors help when foreclosure looms - St. Petersburg Times
ST. PETERSBURG I n February, when Kim Denmark finally sought foreclosure prevention counseling, she had no idea how bad things really were. Denmark's mortgage company would not return phone calls. But she knew she was nearly $2,500 behind on $826 ...

Flurry of sales gives Realtors hope - Herald Tribune
August was a tough month for home sales in Southwest Florida, but as the figures continue to roll in, Realtors say that September could shape up to be a banner month. That notion was bolstered Wednesday by word from the National Association of ...

Election 2008 - Weekly Standard
Republican senator Saxby Chambliss will face a much tougher battle than previously expected in his reelection bid in Georgia, according to recent polls. Chambliss leads former state representative Jim Martin by only three points in a Strategic Vision ...

Credit crisis stalls hotels - Raleigh News & Observer
* Construction on The Hillsborough, a proposed 25-story tower with a 136-room boutique hotel and 26 condominiums, was to begin at the corner of Dawson and Hillsborough streets by April 1. But at the last minute, lenders asked Raleigh developer ...

BankUnited Announces Work Force Reductions - MSN MoneyCentral
BankUnited Financial Corporation BKUNA , parent company of BankUnited FSB (the Bank) today announced that the Company, as part of its strategic plan, is reducing the headcount of the Bank by approximately 160 persons, or 12% of the Bank ’ s current ...

Horizon Bancorporation Reports Third Quarter Consolidated Earnings - PR Newswire
Horizon Bancorporation, Inc., parent company of Horizon Bank, today reported third quarter 2008 consolidated earnings of $173 Thousand ($0.10 per fully diluted share). The Company is now $211 Million in assets, which represents a 12% growth rate ...

Condo market goes sour - Raleigh News & Observer
Demand for downtown units falls victim to troubles in home-sales market RALEIGH - When York Properties started marketing One Eleven Seaboard last year, more than 100 potential buyers vied for the 51 condominiums planned next to restaurants, a grocery ...

The state budget is in trouble - Union Leader
If politicians are to be believed, the state is running both a surplus and a deficit at the same time. In the same week, Gov. John Lynch asked his department heads to cut millions of dollars from the budget, and the Senate president said on the radio ...

Palo Alto ranks 4th nationally in housing prices - Palo Alto Online
Palo Alto has the fourth most expensive housing market in the nation, according to Coldwell Banker's annual survey. Palo Alto has rated among top housing markets for several years. The average price of a home in Palo Alto in the 2008 survey was $1.74 ...

Political Wisdom: Democrats Rough Up a Lady (Palin, That Is) - Wall Street Journal
The Democrats, a bit unnerved by the rise of Gov. Sarah Palin , are hoping to blunt that rise by getting a little rough with the lady. Jim VandeHei and Mike Allen of Politico write that “ Barack Obama and his Democratic allies are intensifying ...

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