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Housing advocate slams home rescue plans - Financial TimesAfter pacing back and forth in the lobby of the Hilton Hotel in downtown Washington on his cellphone for several minutes, Bruce Marks, the fiery head of Naca, a non-profit that helps borrowers facing foreclosure restructure their loans, finally sits ...
U.S. Economy: Pending Home Resales Unexpectedly Climbed in June - BloombergAug. 7 (Bloomberg) -- U.S. pending sales of previously owned homes unexpectedly rose in June as buyers swept up foreclosed and lower-priced properties. The index of pending home resales rose 5.3 percent after a revised 4.9 percent decline in May, the ...
Lawmakers urge foreclosure delay until Oct 1 - CNBCWASHINGTON - Members of a congressional housing market oversight panel on Tuesday again urged the mortgage industry to hold off on foreclosures until legislation meant to help distressed U.S. homeowners can take effect on October 1. The four ...
UPDATE 1-U.S. lawmakers urge foreclosure delay until Oct 1 - ReutersWASHINGTON, Aug 5 (Reuters) - Members of a congressional housing market oversight panel on Tuesday again urged the mortgage industry to hold off on foreclosures until legislation meant to help distressed U.S. homeowners can take effect on Oct. 1. The ...
U.S. lawmakers urge foreclosure delay until Oct 1 - ReutersWASHINGTON, Aug 5 (Reuters) - Members of a congressional committee with financial market oversight urged the mortgage industry on Tuesday to hold off on foreclosures until legislation meant to help distressed homeowners can take effect on Oct. 1. The ...
US Lawmakers Urge Mortgage Industry To Delay Foreclosures Until ... - TradingMarkets.comThe forbearance request was made by committee chairman Barney Frank of Massachusetts, and members Maxine Waters of California, and Mel Watt and Brad Miller, of North Carolina, and was sent to the chief executives of major financial institutions ...
Strapped towns turn to little-used agency - NorthJersey.comWhen you're a financially squeezed little town worried about your borrowing power, it can pay to link up with an agency with deeper pockets. Ringwood and Haledon want to refinance debt. But they are concerned that their bond ratings could drop ...
Suit blames loan servicer for pending foreclosure - Boston GlobeA Boston-area couple who are in foreclosure, despite their herculean attempts to prevent it, have filed a lawsuit against Washington Mutual, one of the nation's largest mortgage servicing firms. In the suit, filed in Suffolk Superior Court, Lori and ...
Logan on-time arrival rate lags most large US airports - Boston GlobeThe nation's largest airlines landed 70.8 percent of flights on time in June, an improvement from 68.1 percent in June 2007, but worse than the 79 percent rate this May. New England airports pulled down the average of on-time arrivals, which the ...
Shares Of Freddie Mac Decline After Reporting Q2 Loss - RTT News(RTTNews) - Shares of mortgage heavyweight Freddie Mac (FRE: News, Chart, Quote ) fell Wednesday morning after the government sponsored enterprise posted a steep second quarter loss. The stock dropped nearly 16%, declining $1.63 to $11.97 a share by ...

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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.
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