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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.

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Dade mortgage loans news:
Financial News
Condo near Freedom Tower gets loan extension - Birmingham Business Journal
Pedro Martin and his development company have received a 22-month extension on a mortgage on the site where he plans to build a massive condo behind Miami’s landmark Freedom Tower. At a time when iStar FM Loans has been particularly aggressive in ...

Great Fla. Bank foreclosure targets 234 units - Birmingham Business Journal
Coral Gables-based Great Florida Bank has filed its first major foreclosure lawsuit as it seeks to repossess 234 units in three separate projects across south Miami-Dade County. The bank (Nasdaq: GFLB) filed a notice of foreclosure on Christmas Eve ...

Housing Bust Top Fla. Story in 2008 - The Ledger
MIAMI | Empty condominiums, stalled construction projects and thousands of families forced to leave their homes in a state hit hard by the housing bust was the top story of 2008, according to Florida newspaper editors. Some aspect of the crisis ...

Condo Meltdown - Daily Business Review
arge holiday discounts weren’t just limited to retailers hoping to move inventory off shelves in a recession year. Jim Clark, a Silicon Valley entrepreneur-turned-developer, apparently took the same approach to liquidate unsold condos at his ...

Franken Named Minnesota Winner - Nation
After weeks of Minnesota recount wrangling over the close contest between Republican Senator Norm Coleman and Democratic-Farmer-Labor Party challenger Al Franken, the state canvassing board has certified Franken as the winner. The canvassing board ...

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