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Today's Mortgage Terms starting with E

Equity:

The difference between the current market value of a property and the total debt outstanding against the property.

Escrow:

A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

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Recently in 2010 Category - New York Daily News
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Dems swarm in key states - Politico.com
Early Saturday morning, two buses filled with 100 young Democratic staffers and volunteers rumbled out of downtown Washington headed for the newly discovered battlegrounds of Virginia Beach and Maryland’s Eastern Shore. The scene is being repeated ...

Saul Alinsky Takes the White House - Spectator.org
Conservatives may not realize just how difficult it might be to recover from this week's elections. The day after the big defeat, the conservative chatter everywhere was about how the "movement" and the Republican Party (two different things) could ...

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