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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.
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Adams home equity loans news:
NEW State banks lag behind industry indicators - Yakima Herald RepublicLinks SEATTLE -- Washington's economy may be doing better than the nation as a whole, but the banks based here are not. Although Washington state doesn't have the plummeting home values or mass foreclosures that have stunned Florida and California ...
Washington banks trail industry in key indicators - Seattle TimesWashington's economy may be doing better than the nation as a whole, but the banks based here are not. Although Washington state doesn't have the plummeting home values or mass foreclosures that have stunned Florida and California, publicly traded ...
Some strapped metro Atlanta homeowners get break - Atlanta Journal ConstitutionEach month, hundreds of properties in Georgia get foreclosure notices filed on them. Many efforts to foreclose will be staved off at the last minute through a property sale, bankruptcy filing or an agreement with the bank to rework the loan. Here's a ...
Dealing with underwater mortgages - Denver Post2008 Recession Dec 2: "No fixed rule" for determining recession Now it's official: U.S. in recession Nov 30: Market puzzle: Your future vs. your kids' David Craig knows how draining it can be to make payments on a home that is worth less than the ...
Automakers to submit plans to Congress - Las Vegas SunDetroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive. General Motors Corp ...
Ford asks Congress for $9B line of credit - Las Vegas SunFord Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. Unless one of Detroit's other Big Three auto companies goes bust, Ford expects to have enough money to make ...
A well-shaped package would be worth the wait - Globe and MailEndless tax cuts? That worked out just swell for the U.S.A. didn't it? Oh wait... Regular Canadians need jobs (and also the ability to get bank loans), not more tax cuts that bankrupt future generations (fiscal deficits are essentially borrowing ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. In a few minutes, the leaders of the nation’s automakers will go before Congress and attempt to explain exactly how their companies are ...
Auto-parts industry seeks $1-billion in loans - Globe and MailAndre Carrel from Salmo, Canada writes: Free The West Free The West from Free the West, Canada writes: 'And 'TRUE NORTH' it was the US banks that were bailed out, the Canadian version is completely different. Let me guess, you're a Leftie.' If not a ...
Loss of home equity is the crux of crisis - Marketplace.publicradio.orgKai Ryssdal: OK, so Citigroup is saved. The president-elect is alluding to a super-sized stimulus package. Unnoticed in today's headlines, though, is this little tidbit: The housing market still stinks. Existing home sales fell another 3 percent last ...
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