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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
Polk mortgage rates news:
Financial News
US mortgage crisis: 90-year-old woman shoots herself to avoid eviction - Daily Telegraph
Addie Polk, of Ohio, is being treated in hospital after she was found lying on the floor by police who were trying to serve her an eviction order. She had shot herself in the shoulder. "It appears they're evicting her over her mortgage. She's lived ...

Lenders OK 45-Day Delay in Acting - The Ledger
TALLAHASSEE | With Florida residents facing one of the highest foreclosure rates in the nation, Gov. Charlie Crist announced Monday that the state's bankers and credit unions have agreed to a voluntary delay in any foreclosure sales on homes or new ...

Military families feel financial crisis - Reuters
DALLAS (Reuters) - Among those struggling in the worst financial crisis since the Great Depression are members of the U.S. armed forces and their families. "I'm concerned about our savings. Everything has gone up. You can't save when gas has gone up ...

News from Thursday, November 13 - The Ledger
Around Tampa Bay 11/13/2008 Dunn's Book is Powerful 11/13/2008 Dolphins' Pennington Added to Injury List 11/13/2008 Running Collision 11/13/2008 The AR-15 Is a Suddenly a Popular Rifle 11/13/2008 Entertainment Activities 11/13/2008 Weekly Offerings ...

BNP Paribas - Newsday
LONDON (AP) _ The pound fell to a six and a half year low against the dollar Thursday amid mounting fears about the length and depth of the British recession and market talk that the Bank of England could cut interest rates to as low as 1 percent ...

Cravath’s Lawyers Face Bonus Cut of as Much as 73% (Update1) - Bloomberg
Nov. 21 (Bloomberg) -- Salaried lawyers at Cravath, Swaine & Moore , the second-most profitable U.S. law firm, will receive as much as 73 percent less in bonus pay this year, with a maximum bonus of $30,000, about $80,000 less than some got in 2007 ...

Plan will alter home loans swiftly - Des Moines Register
Wells Fargo, the nation's largest home lender, says a new Treasury Department program will allow it to help at-risk homeowners more quickly. In fact, Wells Fargo's West Des Moines-based home loan division helped create the program, designed to ...

As foreclosures soar, dreams die - Orlando Sentinel
The one-time cattle county on Disney World's doorstep has recorded one foreclosure for every 184 residents so far this year -- compared with one for every 339 people in Orange County and one for about every 450 residents in Seminole and Lake counties ...

Trusting woman buys home, now faces foreclosure - Des Moines Register
After living in homes owned by others for 50 years, Marlely Davis finally realized the American dream. She lived in her parents' home into her late 20s in Indonesia, tending to them while sewing curtains for money. She lived in rental homes in the ...

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