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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

Wayne mortgage loans news:

Beatty's finances puzzling - Detroit News
The list was startling from the beginning. Christine Beatty, unemployed for most of the past year and with just $6 in her checking account, pays $2,400 a month on her mortgage, an assistant prosecutor told a Wayne Circuit Court judge on Tuesday. She ...

City to use $7 million on housing glut - Fort Wayne Journal Gazette
City officials want to make it easier to rehab and reside in foreclosed homes to help ease the area’s housing glut. Paul Spoelhof, Fort Wayne senior planner, Monday told a group of Fort Wayne neighborhood association presidents how the city plans ...

Jail is the price of lying for Beatty - Detroit News
DETROIT -- The text message scandal will leave scars and long-term financial impact, but the region might now move toward healing, according to the judge who sent Christine Beatty to jail on Tuesday. "It's now my hope that with this sentencing ...

7 investors to scoop up IndyMac - Fort Wayne Journal Gazette
A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the housing boom and bust, for $13.9 billion, federal regulators said Friday. IndyMac, which specialized in loans made with little down ...

Indiana stocks battered heading into ’09 - Lafayette Journal and Courier
Companies in the Bloomberg Indiana Index lost nearly half their value. Some in the index fared worse. Cummins Engine, among the state's largest companies based on revenue, lost 79 percent of its value; Steel Dynamics of Fort Wayne lost 81 percent of ...

Commercial Real Estate - Daily Business Review
uane Stiller, president of Woolbright Development, has seen firsthand the toll the credit crisis and slow economy have taken on the commercial real estate industry. In recent months, his retail development company has had six deals fall through ...

Indiana stocks start 2009 nursing bruises from 2008 - Indianapolis Star
The biggest market meltdown since the Great Depression slammed Indiana stocks last year harder than major indexes, leaving thousands of Hoosiers without jobs as companies scrambled to salvage earnings by cutting costs. Companies in the Bloomberg ...

MAHONING COUNTY - Vindicator
Michael J. Spiech, 47, of 21 Saybrook Drive, Canfield, and Lisa M. Thomas, 38, North Royalton, Ohio. Jeffrey R. Lynch, 35, of 355 Calla Road West, Poland, and Jill M. Novicky, 31, of same. Docket State v. Terrance Tate, sentenced to 15 years and ...

Carjacking gang boss jailed for ‘terrifying’ scam - Gulf Times
THE millionaire boss of a gang of carjackers who stole, sold and then re-stole vehicles was jailed for four and a half years yesterday. Nokhiaz Khan, 31, headed a large-scale operation across the home counties which earned him £1.2mn over four years ...

'Terrifying' gang who stole the same cars twice are jailed - Evening Standard
THE millionaire boss of a gang of carjackers who stole, sold and then re-stole vehicles was jailed for four and a half years today. Nokhiaz Khan, 31, headed a large operation across the home counties which earned him £1.2million over four years ...