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Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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Benton refinance mortgage news:
Home Deal Fails For Centerton Families - Morning NewsCENTERTON -- James and Patricia Leach of Bentonville couldn't believe their luck in September 2006 when they were approved to buy a home. The recently married couple found their dream home in Centerton. But two years, two months, and $51,000 later ...
Tri-City mortgage market grows with FHA-backed loans - Tri-City HeraldMike Martin recently refinanced out of an adjustable rate mortgage and into an Federal Housing Administration loan for his Richland home. Though the real estate market has slowed in the Tri-Cities, the number of FHA-backed loans has grown. Getting ...
Tri-City homeowners make use of refinancing program - Tri-City HeraldHundreds of local homeowners have taken advantage of a program to refinance their mortgages in the last year into a Federal Housing Administration-insured, fixed-rate mortgage. The FHASecure program started in September 2007 and is designed to get ...
Man says he was shot after rap contest - Milwaukee Journal SentinelNov. 16, 2008 | An 18-year-old Milwaukee man told police he was shot last night in the 2300 block of N. Buffum St. after winning a rap contest. The man, who was shot in his left leg about 8:30 p.m. Saturday, was treated and released from a hospital ...
Another lawyer seeks Waukesha County judge spot - Milwaukee Journal SentinelJennifer Dorow of Delafield said she would seek the vacancy created by Circuit Judge Mark Gempeler's pending retirement. Dorow worked as a prosecutor in the Waukesha County district attorney's office for nearly five years and now is doing criminal ...
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