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'Barack Osama' Printed on Hundreds of NY Absentee Ballots - ABC News Blogs
ABC News' Julia Hoppock reports: Democratic presidential nominee Barack Obama's last name was spelled "Osama" on three hundred absentee ballots mailed out this week in Rensselaer County, New York. First reported in the TimesUnion.com , election ...

Officials: Financial crisis can lead to violence - Rensselaer Republican
An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide. A 90-year-old Ohio widow shoots herself in the chest as authorities arrive to evict her from the modest house she called home for 38 years. In ...

WaMu becomes biggest bank to fail in US history - Rensselaer Republican
NEW YORK (AP) - As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks - Washington Mutual Inc. - has collapsed under the weight of its enormous bad bets on the mortgage market. The Federal Deposit ...

The Bidens & Clintons Come Home to Scranton - ABC News Blogs
ABC News' Matt Jaffe reports: Call it a Scranton homecoming, with two former Democratic presidential hopefuls -- one now the current vice presidential nominee -- bringing their spouses back to this northeastern Keystone State town to stump for Sen ...

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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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