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Pilot's life is hijacked by early-onset Alzheimer's disease - Pittsburgh Post-Gazette
Alan Romatowski, 57, has been diagnosed with early-onset Alzheimer's disease. His home is set in a wooded area of Middlesex, Butler County. Alan Romatowski sits in the tasteful suburban living room of his older neighbors listening to Georgia Molloy ...

Latinos find help in workshops - Record
STOCKTON - This winter Laura Acosta's finances have gone cold. Acosta's work hours have been reduced at the tortilla factory, while her employer adjusts to reduced product demand. Also, her husband - a truck unloader - is working fewer days. In ...

Foreclosures Rose 71% in 3rd Quarter as Prices Fell (Update1) - Bloomberg
Oct. 23 (Bloomberg) -- U.S. foreclosure filings increased 71 percent in the third quarter from a year earlier to the highest on record as home prices fell and stricter mortgage standards made it harder for homeowners to sell or refinance, RealtyTrac ...

One in five homeowners with mortgages under water - Reuters
NEW YORK (Reuters) - Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows. About 7.63 million ...

S.F. sues 5 top municipal bond insurers - San Francisco Gate
Thursday, October 9, 2008 (10-08) 15:26 PDT SAN FRANCISCO -- The city of San Francisco accused municipal bond insurers in a lawsuit Wednesday of scheming to lower the city's credit rating and induce municipal agencies to spend tens of millions of ...

One in five US homeowners with mortgages underwater - Reuters
NEW YORK, Oct 31 (Reuters) - Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows. About 7.63 ...

Fed looks to rein in lenders - Los Angeles Times
WASHINGTON -- The Federal Reserve on Tuesday proposed new mortgage lending rules to protect consumers against fraud and deception, but consumer advocates said lenders would still have the ability to make the kinds of bad loans that triggered the sub ...

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 ...

More Business - San Francisco Gate
Neighborhoods with affordable home prices, a historical popularity with minority home buyers, and a lot of new construction have been more prone than others to spikes in foreclosures, according to a Chronicle analysis of housing and census data ...

Foreclosure crisis vexes government - Dubuque Telegraph Herald
Maria Martinez stands in front of her home. Martinez, 57, of Stockton, Calif., is three months behind on her mortgage even after receiving a loan modification earlier this year. WASHINGTON -- Each day from July through September, more than 2,700 ...

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Today's Mortgage Terms starting with U

  • Underwriting: It is the process of quantifying the risks involved in a specific loan and setting suitable terms and conditions for a mortgage.
  • URLA: Uniform residential loan application.
  • Usury: Interest charged in excess of the legal rate as established by law.

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