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

Douglas mortgage quotes news:

BofA shares drop close to 10 pct on capital raise - Forbes
NEW YORK, Oct 7 (Reuters) - Shares of Bank of America Corp fell almost 10 percent on Tuesday, a day after the bank said it would cut its dividend and raise $10 billion to offset rising loan losses. The bank, which swallowed mortgage giant Countrywide ...

Wall Street Journal Confirms: Yes, It's a Wall Street Bailout - Huffingtonpost.com
Yes, it is a Wall Street bailout -- a bailout for Wall Street, first and foremost. But don't take my word for it. Trust the hometown newspaper, The Wall Street Journal , to provide the scoop. According to one informed estimate, the same Wall ...

Meet The $700 Billion Bailout Czar - OpEdNews.com
There is a new Czar in America""the man who will be running the $700 billion budget bailout/rescue program-- assistant secretary of the Treasury for International Affairs-- Neel Kashkari. Henry Paulson tapped the company he ran, Goldman Sachs, to ...

McCain: 'Status Quo Is Not On the Ballot' - ABC News Blogs
At Bethlehem, Pa., today, Sen. John McCain, R-Ariz., told the crowd, "Status quo is not on the ballot. ... Sen. Obama and I both have differences with how President Bush has handled the economy." That's an important message for McCain to tell voters ...

New McCain TV Ad Calls Obama a Hypocritical Liar - ABC News Blogs
"Who is Barack Obama?" asks the narrator in Sen. John McCain's latest attack ad. A TV within the ad then shows a local Missouri TV report, that the reporter has since backed away from (more on that HERE ), in which the anchor intones: "Obama's ...

A New Bretton Woods? Where is Keynes? Where is Dexter White? - bbc
The plan is unleashed. It's a growing possibility that everybody else will follow the UK and the emerging central technique for stemming panic is established: - Government becomes permanent supplier of medium term credit to banks - Central Bank ...

McCain, Obama clash on cause, cure for econ crisis - Natchez Democrat
NASHVILLE, Tenn. (AP) — Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for sweeping action by the government to ...

Fannie, Freddie should be privatized: McCain adviser - Forbes
ALBUQUERQUE, N.M., Sept 7 (Reuters) - Republican presidential candidate John McCain wants mortgage finance companies Fannie Mae and Freddie Mac to eventually be privatized, his chief economic adviser said on Sunday. 'In future the long-term reforms ...

Clinton Wounded By Bosnia Comments - US News and World Report
The brouhaha over Sen. Hillary Clinton's sniper-infested description of her trip to Bosnia in 1996 reached a crescendo in the media in the last 24 hours, despite efforts by Clinton to defuse the situation. In addition to being the butt of late-night ...

All the Day's Political News From Newspapers, TV, Radio, and Magazines - US News and World Report
Media reports are casting the government's decision to effectively rescue troubled insurance giant AIG with an $85 billion loan in exchange for a close-to-80% stake in the company as a surprise move, an indication of the continuing peril and ...