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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.

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Lafayette mortgage rates news:
Financial News
Indiana stocks took a beating in 2008 - Martinsville Reporter-Times
The nation’s financial meltdown battered most of Indiana’s largest companies last year, costing some of them three-quarters or more of their stock value. Companies in the Bloomberg Indiana Index lost nearly half their value in 2008, although some ...

New Orleans renovation project delays threaten lucrative GO Zone ... - New Orleans Times-Picayune
Matt Rose / The Times-Picayune Hopes are strong that $225 million in GO Zone bonds will be used to repair the Hyatt Regency hotel, which has been shuttered since Hurricane Katrina. Similar renovation projects using GO Zone money are delayed or ...

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