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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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Florence refinance mortgage news:
Financial News
Glenbrook owner gets two-week debt extension - FortWayne.com
CHICAGO — General Growth Properties Inc., the owner of Glenbrook Square, has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping-mall owner works to stave off bankruptcy and negotiate longer-term ...

General Growth gets loan extension - Business Courier
General Growth Properties Inc. , owner of Kenwood Towne Centre and Florence Mall, has received a two-week extension on $900 million in mortgage loans that came due on Friday. The company says it is seeking a longer-term extension. In mid-November ...

A Bailout Proposal: No More ATM Fees - Huffingtonpost.com
Here's what I really want: no ATM fees. Ever again. Ever. I can happily blow $5.00 on a McDonald's double cheeseburger in Times Square, but the $3.00 I am charged by Bank of America to use their ATM as a non-customer will leave me feeling sour the ...

6th District hopefuls spar - Charleston Post & Courier
Sixth Congressional District challenger Nancy Harrelson had said she wouldn't debate incumbent Democratic Rep. Jim Clyburn on statewide TV but changed her mind Monday, just in time for them to have a lively hour-long exchange. Clyburn (left ...

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