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

Jackson refinance mortgage news:

Treasury Yields Drop to Record Lows as Bernanke Cites Buybacks - Bloomberg
Dec. 1 (Bloomberg) -- Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. Bernanke said the central bank may purchase Treasuries and target long-term interest rates to combat the deepening recession. Bonds rallied for a ...

Janesville native gives best effort in war on foreclosures - Milwaukee Journal Sentinel
Washington - When Steve Preston took over as secretary of the Department of Housing and Urban Development this summer, he inherited an agency tainted with scandal at a time of intense turmoil in the housing market. The Janesville native had no ...

SHARC to take bite out mortgage foreclosures - KARE
He's been working for years to pay off his mortgage. 46-year-old Jim Jackson of Minneapolis wanted to eventually leave his home to his four children. But last year, an illness in the family forced him to refinance. He says, "We needed to take a loan ...

More Worry About Making Mortgage Payments: Poll - CNBC
We asked Gary Vaynerchuk of Wine Library TV to tell us about his favorite brands of Bourbon, Irish Whiskey and Single Malt. One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home's ...

Earnings roundup: General Growth, Radian - CNBC
CHICAGO (AP) — Shares of troubled mall owner General Growth Properties Inc. plunged Wednesday after the company reported disappointing third-quarter results, cut its year-end forecast and said it needs to refinance $900 million in debt by the start ...

First stimulus checks, then rescue measures - Jackson Clarion-Ledger
Back in February, Congress took its first stab at economic stimulus, completing work on the Recovery Rebates and Economic Stimulus for the American People Act of 2008 that sent rebate checks of $300 or more to most American households mostly between ...

Remarks by the President at Signing of H.R. 3648 - ChristianNewsWire
THE PRESIDENT: Thank you all for coming. Welcome to the White House. I'm pleased to sign a bill that will help homeowners who are struggling with rising mortgage payments. The Mortgage Forgiveness Debt Relief Act of 2007 will protect families from ...

The Next Subprime Crisis Looms - Der Spiegel
The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them ...

FHA-backed loans: the next subprime crisis? - MSNBC
As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers — many of them the very sorts of firms that helped create the current financial crisis — are going strong. Their new strategy: taking advantage of a long ...

Mortgage rules crack down on fees, late changes - Cleveland Plain Dealer Blog
Federal housing officials unveiled today the first major mortgage reform in 30 years -- a move that will crack down on junk fees and prohibit lenders from making last-minute changes to home loan documents. So important is the overhaul that the ...