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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
Providence mortgage loan news:
Financial News
General Growth wins extension on $900M loan - Providence Business News
AFTER REACHING an “interim agreement” to extend the $900M mortgage on two Las Vegas malls, which had been set to expire Nov. 28, General Growth and its syndicate of lenders now “are continuing their discussions on a longer-term extension ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Sometimes it takes a world-wide economic meltdown to remind you of how good you had it. It was just so for THL — former Thomas H. Lee ...

Sinking economy not bad news for all Rhode Island companies - Providence Journal
Trestina Betters sells a ring at Providence Pawn on Main Street in Providence. John Zuluaga examines the ring before making her an offer. The Providence Journal John Freidah The repo man has been busy. In three weeks time, Mark and Christine Labbe ...

Mortgage deals with Beach company put owners out of homes - HamptonRoads.com
It was Delisa Mackey's dream home: a tidy two-story house with a two-car garage on a quiet Suffolk cul-de-sac with a patch of woods out back. It was built brand-new to her specifications in 2002, and her name was on the deed. No more renting for this ...

Deals with Beach company put some owners out of homes - HamptonRoads.com
Delisa Mackey of Suffolk carries some belongings to her car in September. She lost her home, seen in the background, after a mortgage- refinancing arrangement failed. When she learned that the straw buyer of her home faced foreclosure or bankruptcy ...

Real estate a trap for metro Atlanta couple - Atlanta Journal Constitution
When housing was hot and credit easy, Nadege Adam and Jude Valles gorged. Together and separately, the couple bought a five-bedroom house in Smyrna, a condominium in Smyrna for his mother and another condo at an intown development that was creating a ...

U.S. home-loan applications fall 20.3% - Providence Business News
WASHINGTON – The number of home-loan applications filed nationwide fell sharply in the week ended Oct. 31 as buyers confronted higher interest rates for fixed-rates loans, according to the latest figures from the Mortgage Bankers Association. The ...

Home-loan applications at lowest level since 2000 - Providence Business News
APPLICATIONS TO REFINANCE accounted for 49.9% of home mortgage filings last week, up from 45.1% in the week ended Nov. 7 and 42.9% of applications in the week ended Oct. 31 the MBA found. WASHINGTON – The number of home-loan applications filed ...

Applicants rate their lenders - Providence Journal
Fewer people are qualifying for home loans these days, and those who do often face more paperwork and longer processing times than before. But loan applicants don’t seem very bothered — at least according to a new survey by J.D. Power ...

Hanging onto the house in the short term - Providence Journal
WASHINGTON — Rosa Chavez and her husband scrounged together $164,000 for a down payment of more than 20 percent on their four-bedroom colonial in Fort Washington, Md. The money came from the profit they made off a smaller house plus their savings ...

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