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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

Henry mortgage rates news:

See today's average credit card rates across the country. - MSNBC
WASHINGTON - The historic takeover of Fannie Mae and Freddie Mac, which could come as soon as this weekend, moved to the forefront of the presidential campaign Saturday as candidates and congressional leaders seized on the enormous implications for ...

Mortgage giants were blind to housing risks - MSNBC
WASHINGTON - Mortgage giants Fannie Mae and Freddie Mac — despite their robust cadre of economists and mortgage experts — failed to heed warnings that the most dramatic housing bubble in U.S. history would burst. The companies — particularly ...

Paulson readies the 'bazooka' - CNN Money
NEW YORK (Fortune) -- It took two months, but the bond market called Henry Paulson's bluff. Now the Treasury Secretary is expected Sunday to announce a plan to take Fannie Mae and Freddie Mac under government control. The mortgage giants are expected ...

Treasury briefs candidates on plan to seize Fannie, Freddie - Miami Herald
WASHINGTON -- The widening housing crisis took center stage on the presidential campaign trail Saturday after the Treasury Department confirmed to the candidates it was preparing a historic seizure of mortgage finance giants Fannie Mae and Freddie ...

Fannie, Freddie blind to the bubble - BusinessWeek
Mortgage giants Fannie Mae and Freddie Mac -- despite their robust cadre of economists and mortgage experts -- failed to heed warnings that the most dramatic housing bubble in U.S. history would burst. The companies -- particularly Freddie Mac ...

Treasury to Save Fannie, Freddie - Washington Post
The Bush administration yesterday prepared to take over the troubled housing finance companies Fannie Mae and Freddie Mac , after concluding the companies don't have enough capital to continue to play their crucial role funding home mortgages. Under ...

Frank Confirms Treasury Intervention To Shore Up Fannie Mae, Freddie ... - Wall Street Journal
Rep. Barney Frank (D., Mass.) confirmed that Treasury Secretary Henry Paulson is planning government intervention to back troubled mortgage giants Fannie Mae and Freddie Mac . The chairman of the House Financial Services Committee said in a statement ...

Mortgage finance companies Fannie Mae, Freddie Mac failed to ... - Newsday
WASHINGTON (AP) _ Mortgage giants Fannie Mae and Freddie Mac — despite their robust cadre of economists and mortgage experts — failed to heed warnings that the most dramatic housing bubble in U.S. history would burst. The companies ...

Takeover May Help Homebuyers, Hit Fan-Fred Shareholders - Wall Street Journal
WASHINGTON -- Homebuyers and holders of Fannie Mae and Freddie Mac debt are the likely beneficiaries of a U.S. Treasury plan to takeover the beleaguered mortgage giants, but it is less clear how shareholders will fare. A capital infusion by the ...

FOR FREDDIE AND FANNIE? Government outlines a plan for seizing the ... - Herald Tribune
WASHINGTON -- Senior officials from the Bush administration and the Federal Reserve on Friday informed top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, that the government was preparing to seize the two companies and place ...