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Today's Mortgage Terms starting with V

VA Loans:

Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.

Variable Rate:

Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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Union home equity loans news:
Financial News
Do not delay the pursuit of restructuring - Daily Local News
No comments posted. WASHINGTON -- "Nothing," said a General Motors spokesman last week, "has changed relative to the GM board's support for the GM management team during this historically difficult economic period for the U.S. auto industry." Nothing ...

Here's How Badly Chrysler Needs a Bailout - CFO.com
Private-equity firm Cerberus Capital Management, which owns Chrysler, said it will give up any profits on a future sale of the car company if it receives federal financial aid, Bloomberg News reported. Speaking at a conference in Palm Desert ...

The New Congress - Forbes
By a vote of 137-22 among Democrats in the House of Representatives Thursday, Rep. Henry Waxman, D-Calif., ousted Rep. John Dingell, D-Mich., as the chairman of the House of Representatives Energy and Commerce Committee. Dingell, 82, is considered to ...

When the wheels fell off - Brisbane Times
Midway through what is remembered as the American Century the health of General Motors could be equated to the well being of America itself. It was not so much a slogan as a state of mind when the company's president declared with a straight face ...

William Lyons: Vehicle manufacturers are on skid row around the globe ... - Scotland on Sunday Online
AS THE first cold snap of winter kicks in, car workers in Swindon and Detroit are looking to each other for signs that the big freeze in their industry may show some signs of a thaw. A global slowdown is hitting car factories across the world but in ...

Tough economy: Here's how Bakersfield folks would solve the nation's ... - Bakersfield Californian
The teetering economy and its see-saw riders, fear and uncertainty, have made for interesting times, and it’s hard to know what will happen next. Debbie Moreno, president and chief executive, Greater Bakersfield Chamber of Commerce. Photo by Felix ...

Saturday Readers Forum: Converting the bailout to a "honey pot" still ... - Contra Costa Times
TREASURY SECRETARY Henry Paulson wants to convert the $700 billion TARP (Troubled Asset Recovery Program) from rifle-shot assistance for financial institutions into a "honey pot" for any ailing entity. TARP's purchase of equity interests in private ...

HERMANTOWN FEDERAL CU - Budgeteer News
Hermantown Federal Credit Union, located in the heart of the Hermantown community, serves nearly 14,000 members, which includes all of St. Louis County and local union and trade associations. The main office is located at 4477 LaVaque Road in ...

Real estate trio to hold talk on modifying loans - Record Searchlight
With some 4.5 million loans likely to become delinquent through the end of next year, interest is building in loan modification programs to stabilize the housing market. A loan modification is when a lender agrees to repackage a risky loan - maybe ...

Guevarra: Luxuries lost - San Diego Union-Tribune
They were extravagant purchases for a man who barely scraped by each month, running a small group home for mentally disabled men. Lured by persuasive mortgage brokers, Guevarra pulled equity – $380,000 – out of his houses in Valencia Park and on ...

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