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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
Washington refinance mortgage news:
Financial News
Business Minute: Stocks hit the skids...Oil prices plunge...A drop in ... - Idaho8.com
NEW YORK (AP) - Stocks closed sharply lower today as investors fretted about the employment situation and its likely effect on consumer spending, a major factor in economic growth. The Dow industrials finished with a loss of 245 points. The Nasdaq ...

Mortgage applications down in latest survey - KATC 3
WASHINGTON (AP) - Fewer people are diving into the refinancing pool, sending mortgage applications tumbling last week. The Mortgage Bankers Association says its application index fell 8.2% for the week ended last Friday after applications surged last ...

Mortgage volume down in week - The Money Times
Washington -- The volume of applications for U.S. mortgages decreased last week, falling by a seasonally adjusted 8.2 percent, an industry group said. The Market Composite Index, which measures mortgage loan application volume, dropped from 1,245.7 ...

Mortgage rates hit record low but home equity lacking - Pueblo Chieftain
WASHINGTON - Mortgage applications remain at their highest level in more than five years as borrowers take advantage of record-low rates and rush to refinance their home loans. Some lenders are advertising rates of 5 percent or lower on 30-year fixed ...

Week-to-week mortgage applications down 8.2% - Marketwatch
CHICAGO (MarketWatch) -- Mortgage applications filed last week decreased a seasonally adjusted 8.2% from the pace of the week before, reflecting a drop in homeowners seeking to refinance their mortgages, the Mortgage Bankers Association reported ...

Mortgage applications fell 8.2% last week: MBA - MENAFN
CHICAGO (Menafn - MarketWatch) -- Mortgage applications filed last week decreased a seasonally adjusted 8.2% from the pace of the week before, reflecting a drop in homeowners seeking to refinance their mortgages, the Mortgage Bankers Association ...

Mortgage rates fall to record low - Baltimore Sun
WASHINGTON - Rates on 30-year fixed-rate mortgages fell to a record low for the second straight week, causing refinancing applications to surge to the highest level in more than five years, a month after the Federal Reserve pledged to channel ...

Recession may lead to kinder, gentler IRS - KSTP
WASHINGTON (AP) - As the nation sinks deeper into recession, the IRS is offering to waive late penalties, negotiate new payment plans and postpone asset seizures for delinquent taxpayers who are financially strapped, but make a good-faith effort to ...

Mortgage Apps Fall, Household Apps Rise, MBA Reports - Nuwireinvestor.com
Lenders have seen a refinancing boom in recent weeks, but the last week saw a notable decline in mortgage application acitivity and an increase in volume for household applications . For more on this, read the following article from HousingWire ...

Ap ยป Washington - Waterloo Cedar-Falls Courier
WASHINGTON - As the nation sinks deeper into recession, the IRS is offering to waive late penalties, negotiate new payment plans and postpone asset seizures for delinquent taxpayers who are financially strapped, but make a good-faith effort to settle ...

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