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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.

View all Terms
Highland refinance mortgage news:
Financial News
Mortgage crisis has turned homeownership upside down - Daily Press
Joey Goldner had a $729,000 mortgage on a Highland Park home that he eventually sold for $450,000. ( Tribune photo by Chris Walker / October 9, 2008) Joey Goldner always approached real estate with a gardener's zeal. He'd plant his money in a ...

Tide of ‘underwater’ homes rising - Providence Journal
CHICAGO — Joey Goldner always approached real estate with a gardener’s zeal. He’d plant his money in a building, patiently care for it and watch its worth grow. For 30 years, it was a brilliant avocation — right up until the heavy thud of the ...

Homes values dip below mortgages - Rutland Herald
CHICAGO — Joey Goldner always approached real estate with a gardener's zeal. He'd plant his money in a building, patiently care for it and watch its worth grow. For 30 years, it was a brilliant avocation — right up until the heavy thud of the ...

Foreclosure moratorium proposals stir debate - Oakland Press
A proposed moratorium on foreclosures, advocated by Democratic presidential nominee Barack Obama and state Sen. Hansen Clarke, D-Detroit, is stirring debate. Obama’s economic plan would establish a 90-day moratorium on foreclosures for homeowners ...

Drama on the mound: the final 24 hours of a Scots institution - Herald
It was the day that saw the beginning of the end for Scotland's oldest bank. Perched high on The Mound in Edinburgh, the HBOS global headquarters, a building synonymous with financial stability, was the centre of feverish market speculation. Founded ...

MillerCoors discloses Milwaukee job cuts - Milwaukee Journal Sentinel
Nov. 5, 2008 | MillerCoors LLC has cut around 270 jobs throughout the newly formed joint venture, including 100 positions in Milwaukee, as part of its goal of achieving $500 million in cost savings over three years, a company spokesman said Wednesday ...

50,000 Scots could lose their jobs in recession - Scotsman.com
FIFTY thousand people in Scotland could lose their jobs over the next two years as the recession hits, economists predicted today. A "rapidly deteriorating situation" is causing the effects of the economic downturn to be felt harder in Scotland than ...

Big names join fight for HBOS - Scotsman
THE tycoon Sir Tom Farmer is at the head of a growing list of senior business figures demanding a rethink of the HBOS takeover, The Scotsman can reveal. Figures from industries including construction, retail, property and tourism are all concerned ...

Labour trying to undermine rival HBOS bids–Salmond - Scotsman
ALEX Salmond increased the pressure on the UK government over the HBOS takeover yesterday, accusing Labour politicians of "leaking and briefing" in an attempt to undermine rivals to the Lloyds TSB bid. He also accused Gordon Brown, the Prime Minister ...

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