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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
Hampshire mortgage rates news:
Financial News
Halifax hikes its mortgage rates - This is Winchester
Britain's biggest mortgage lender has become the latest mortgage lender to hike its mortgage rates. Halifax said it was raising its rates by up to 0.25%, following last week's increase of up to 0.45%. The group blamed the move on continued increases ...

Mortgage meltdown hits Hampshire College - U-Wire.com
The Commonfund, the fund that maintained Hampshire College's liquid assets, froze the distribution in its Short Term Fund on Sept. 30 due to its exposure to mortgage-backed securities. Hampshire College protected $8.1 million out of its $10.2 million ...

Lynch faces $85,000 fine in N.H. - Boston Globe
Peter S. Lynch, the former Fidelity Investments money manager who was once America's most famous investor, faces an $85,000 fine from New Hampshire after regulators shut down a loan company he partially owns. Two weeks ago, the firm, First Call ...

Site Presented By - Salon
Two passages stand out in the statement released late Friday afternoon by Treasury Secretary Henry Paulson, after the conclusion of a meeting between “G-7 Finance Ministers and Central Bank Governors.” We are developing strategies to use the ...

Bank of America settles lawsuit over bad mortgages - Ledger-Enquirer
SPRINGFIELD, Ill. -- Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general's office said Sunday ...

Many punches, but no knockouts in second debate - Miami Herald
WASHINGTON -- Senators John McCain and Barack Obama punched and counter-punched on issue after issue throughout their second debate Tuesday night, but neither man knocked the other one down, much less out. Obama loyalists will call McCain the ...

Steven Pearlstein - Washington Post
Washington Post columnist Steven Pearlstein was online Tuesday, Oct. 7 at 11 a.m. ET to discuss the global financial crisis. About Pearlstein: Steven Pearlstein writes about business and the economy for The Washington Post. His journalism career ...

You be the campaign manager - Los Angeles Times
True story: When John McCain fired half his campaign staff in July 2007 -- which, unhappily, was precisely when my book was due -- I had the occasion to enjoy a five-martini lunch with one of his trusted advisors, who happens to be a friend. I was ...

Coping with a crazy-making economy - Salon
A lifetime supply of Quaker Instant Oatmeal with Dinosaur Eggs arrived in the mail at my home yesterday. My 10-year-old son, Eli, loves the stuff, but I’ve had a hard time finding it in stores lately. So I ordered a full case online. Eli goggled at ...

US candidates return to campaign - BBC News
He will be campaigning in Indiana, a state once regarded as safely Republican but which now seems within his reach as polls swing in the Democrats' favour. The Democratic candidate plans to concentrate on the issue of health care, where polls suggest ...

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