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Mountain House awash in debt - Record
Mountain House may be the highest community in San Joaquin County in elevation, but a new report also makes it the most underwater area in the United States. Nearly 90 percent of mortgage holders in the town owe more than their houses are worth, a ...

Financial crisis: Homeowners in Manteca neighborhood cope with ... - San Jose Mercury News
MANTECA — Dave Cantrell considered loading the U-Haul in the middle of the night and leaving while his neighbors were asleep. He couldn't bear to face them. He had become a community leader here, rallying his neighbors to stand up to the builder ...

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Today's Mortgage Terms starting with T

  • Term: The period of time in which a loan must be paid off.
  • Truth-In-Lending Act: Federal law demanding a full written disclosure of the credit terms of a mortgage incorporating a standard format.

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