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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.

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Marion home equity loans news:
Financial News
With new investor, Ocala National Bank won't sell branch - Star-Banner
Florida Citizens Bank and Ocala National Bank had signed the deal in May for the sale of the branch, which included the transfer of 1,500 customers, $12 million in deposits and $13 million in loans, said Florida Citizens Bank president Carl Walls ...

A helping hand - Times West Virginian
FAIRMONT — Has your credit card debt gotten out of hand? Have doctor bills piled up? Or have you considered buying a home but need some education on the impending mortgage procedure? Then Consumer Credit of North Central West Virginia can help ...

Steve Young's wife lines up against Mormon church on Prop. 8 - San Francisco Gate
The signs on the front lawn of former 49er quarterback Steve Young's Peninsula home say "No on Prop. 8," which normally wouldn't be much of a story in the Bay Area, a gay-friendly region which is the center of opposition to the effort to ban same-sex ...

Wachovia reports $23.9-billion third-quarter loss - Los Angeles Times
Wachovia Corp. reported a $23.9-billion third-quarter loss Wednesday, the largest loss at any bank since the financial crisis began, reflecting the company's terrible timing in acquiring California-based mortgage lender Golden West Financial Corp ...

Site Presented By - Salon
Among the subset of Republicans who are less than enamored by Sarah Palin, there are some who are looking wistfully at the the former governor of Massachusetts, Mitt Romney, and wondering, what might have been? The theory is that a successful ...

Getting your kids on the property ladder - ninemsn
Given high house prices and rising interest rates, many young people struggle to buy a home. By contrast, their parents may be comfortable thanks largely to the growth in value of the family home, and are keen to help their children get on the ...

Bailout bonanza - Indianapolis Star
As the national economy slows and bad loans pile up at recession-era levels, many Indiana lenders are looking for financial help from a most unusual corner: America's taxpayers. The $700 billion Wall Street bailout fund, created by the U.S. Treasury ...

West Coast Bancorp Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good morning. My name is Rachel, and I will be your conference operator today. At this time, I would like to welcome everyone to the West Coast Bancorp third quarter 2008 conference call. All lines have been placed on mute to prevent any background ...

Viewers' economy questions answered - WPVI
October 10, 2008 (WPVI) -- As the financial fallout trickles down from Wall Street to Main Street, it's leaving a lot of questions. Action News hit the streets asking viewers what's on their minds. In the next three days we will get the answers to ...

Phobia day: Editors' Picks for Thursday from The PD - Cleveland Plain Dealer Blog
Now that Halloween has, ahem, overshadowed All-Hallows Day, can the night before Halloween be scary, too? We seem worried today: Phillip Morris interviews barbershop customers fearful that Barack Obama will be assassinated; under the headline "Will ...

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