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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.

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Benton home equity loans news:
Financial News
Home Deal Fails For Centerton Families - Morning News
CENTERTON -- 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 ...

Nashville at law: Trustee in alleged Ponzi case sues investors - Nashville City Paper
Nashville attorney Sam Crocker, trustee in the involuntary bankruptcy of alleged $20 million Ponzi scheme Hanover Corp., has filed suit against 63 individuals who received payments from the company before its meltdown in 2006. The adversary ...

Felony DUI hits (another) roadblock -- a big one... - Spokane Spokesman-Review
Despite a much-touted House compromise Monday on a bill to allow felony charges against frequent drunk- or drugged drivers, it looks like bill is about to evaporate in the state Senate. For all the wrangling and deal-making in the House, Senate ...

Police officials investigating defaced Obama poster in station - Milwaukee Journal Sentinel
Nov. 7, 2008 | Police chief Edward Flynn launched an internal investigation and issued a strong rebuke after a Barack Obama poster with a bullet drawn near his head turned up on a table in the District 5 police station. Flynn learned of the defaced ...

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