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

Andrew home equity loans news:

GMAC Puts Individuals After Institutions in Bond Plan (Update1) - Bloomberg
Dec. 1 (Bloomberg) -- GMAC LLC , the financing unit of General Motors Corp., is placing individual investors who loaned the company $14.6 billion behind institutions should the company file for bankruptcy. Holders of so-called SmartNotes, which GMAC ...

GMAC Puts Individuals After Institutions in Bond Exchange Plan - Bloomberg
Dec. 1 (Bloomberg) -- GMAC LLC , the financing unit of General Motors Corp., is placing individual investors who loaned the company $14.6 billion behind institutions should the company be forced to file for bankruptcy. Holders of so-called SmartNotes ...

AIG restricts exec compensation, CEO gets a dollar - Associated Press
CHARLOTTE, N.C. (AP) -- American International Group Inc. said Tuesday it is limiting how much it pays its top executives, including granting a $1 salary for this year and the same for 2009 to its Chief Executive Edward Liddy. The decision is one of ...

SE Financial Corp. Announces Fourth Quarter and 2008 Year End Results ... - Marketwatch
PHILADELPHIA, Dec 01, 2008 (BUSINESS WIRE) -- SE Financial Corp. (trading symbol:SEFL) (the "Company"), the holding company for St. Edmond's Federal Savings Bank, announced net income of $212.7 thousand for the three months ended October 31, 2008 as ...

Looking to refinance? Now might be the time - Boston Globe
Mortgage rates have been stubbornly high for quite some time but the government's recently announced $800B plan to bolster mortgages and consumer loans had an almost immediate impact in the form of lower rates on mortgages. Last Tuesday, 30 year ...

Busch: Things Will Get Better (It Can't Get Much Worse) - CNBC
There are no significant US economic statistics until November 24th (existing home sales) and then there's a slew on the 25th with 12 stats released prior to US Thanksgiving. This means the markets will focus back on developments in the corporate ...

A college football playoff system will cause big problems - ESPN.com
The NCAA continues to insist that two perfectly good names, Division I-A and Division I-AA, be changed to the Football Bowl Subdivision and the Football Championship Subdivision. TMQ proposes changing them to the Football at Variance with President ...

Wall Street Breakfast: Must-Know News - Seekingalpha.com
New acronym on the block... The government unveiled its newest initiative, called TALF, or Term Asset-Backed Securities Loan Facility. The $200B facility will support consumer finance, including student, auto and credit card loans and loans backed by ...

House values decline again - Seattle Post Intelligencer
Values in King, Pierce and Snohomish counties decreased 9.8 percent from September 2007 and 1.4 percent from this August, according to Standard & Poor's S&P/Case-Shiller Home Price Indices. The year-to-year drop was the eighth consecutive record for ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Barclays: Sure the British bank’s shareholders weren’t too pleased, but in the end, they gritted their teeth and approved a £7 billion ...