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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.

View all Terms
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Pennsylvania Real Estate Investment Trust Completes $54 Million ... - ForbesPennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that it has completed a $54 million financing of Paxton Towne Centre in Harrisburg, Pennsylvania. The mortgage loan, provided by U.S. Bank National Association as Lead Arranger and ...
'Bottom' proving elusive - Chicago TribuneWith prices predicted to keep falling through the coming year or even longer, one might question the wisdom -- even the sanity -- of buying a home now when even better bargains probably await. But people are buying. Armed with attractive mortgage ...
Jobless claims jump as housing market gets weaker - Miami HeraldWASHINGTON Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. The bleak reports underscored the self-reinforcing ...
WSFS Reports EPS of $1.07 for the 2nd Quarter 2008 - MSN MoneyCentralNet Interest Margin Increased to 3.20%, a 20 Basis Point Increase Over 1st Quarter 2008 Company Announces $0.12 Dividend, a 20% Increase From 2nd Quarter 2007 WILMINGTON, Del., July 24, 2008 (PRIME NEWSWIRE) -- WSFS Financial Corporation (Nasdaq:WSFS ...
Edwards: The Agony of the MSM - SlateNibbling at the edges of the MSM: Imus laments that the Edwards L.C. story is "starting to become news." ... And there's always the late-night comics' rabbithhole into public consciousness . ... But the MSM wants photos Dallas Morning News' Rod ...
Housing bill won't solve market's problems - Miami HeraldWASHINGTON Cash-strapped homebuyers and borrowers facing foreclosure will get some relief from a housing bill passed by the House on Wednesday but the bill won't solve the deep-rooted ills of the U.S. housing market. The bill was widely praised by ...
National City Reports Second Quarter 2008 Results - MSN MoneyCentralNational City Corporation NCC reported a net loss for the second quarter of 2008 of $1.8 billion , compared to a net loss of $171 million in the first quarter of 2008, and net income of $347 million in the second quarter a year ago. The net loss was ...
Dollar Advances to Four-Week High on Paulson, Plosser Comments - BloombergJuly 23 (Bloomberg) -- The dollar rose to a four-week high against the yen after Treasury Secretary Henry Paulson voiced support for the currency and the Federal Reserve Bank of Philadelphia president said interest rates should be raised. The ...
Dollar Advances to Two-Week High on Paulson, Plosser Comments - BloombergJuly 23 (Bloomberg) -- The dollar rose to a four-week high against the yen after Treasury Secretary Henry Paulson voiced support for the currency and the Federal Reserve Bank of Philadelphia president said interest rates should be raised. The ...
Karen Heller: A cash machine known as DRPA - Philadelphia Daily NewsDriving over the Ben Franklin Bridge as the sun slipped behind the city, I wondered where my $3 toll contribution would travel. Would $1 be indirectly kicked toward Chester's soccer complex, another $1 to dredging the Delaware, and the last headed ...
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