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U.S. takes control of Fannie Mae and Freddie Mac - International Herald TribuneIn the short-term this bale-out move had to be made. However, corruption and favors from such mortgage lenders like Countrywide and their special treatment given to democrat Senator Chris Dodd does not reflect well for the middle class worker making ...
Some Icon buyers want out of deal - Nashville TennesseanBuyers would later describe it as a frenzy, the feeling that they had to get their hands on a new product that was going fast. As Tom Petty and the Heartbreakers' "Into the Great Wide Open" and Lou Reed's "Walk on the Wild Side" played over ...

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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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