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News about Mortgages:

Sunwest tries to halt foreclosure - Statesman Journal
Sunwest Management founder Jon Harder intends to use his Chapter 11 bankruptcy filing to protect Sunwest's senior living homes from lenders ready to foreclose, court papers show. Sunwest, a Salem-based manager of 250 senior housing projects, is in a ...

2008: Year in Review - Complete Edition - Wayne Independent
Here is the complete round-up of highlights from front page news in The Wayne Independent for 2008 in Wayne County, Pa. 2- The year opens with coverage of one of many seminars on natural gas leasing, as companies and landmen canvass northern Wayne ...

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.

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