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City Hears State Warning: Wall Street Has Come To Main Street - Post-JournalLocal governments in need of the credit that will allow them to complete infrastructure projects or make equipment purchases have found themselves at the mercy of the global credit crunch. Tom DiNapoli, New York state comptroller, said recently that ...
There's Gold In Them Thar Hills! (And I'm Digging For It) - CNBCToday, I'm a gold digger. Literally. I'm in gold country reporting on the "second gold rush." Would-be gazillionaires began descending on the mother lode country this year as gold prices rocketed. Geologists say 80-90 percent of the gold is still in ...
Ecuador auditor says debt irregular, urges default - Buffalo NewsThe official overseeing an audit of Ecuador's foreign debt said his committee has found irregularities tied to almost all of the country's bonds and will recommend that it default on its $10.3 billion in debt. After a yearlong investigation, auditors ...
Gov't considers changes to mortgage program - Buffalo NewsThe government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a housing bill passed ...
Countdown: Final 48 hours - Charleston Post & CourierCOLUMBUS, Ohio — Barack Obama and John McCain uncorked massive get-out-the-vote operations in more than a dozen battleground states Sunday, millions of telephone calls, mailings and door-knockings in a frenzied, fitting climax to a record ...
The Communist Manifesto Turns 160 - Common DreamsThis year marks the 160th anniversary of The Communist Manifesto and capitalism-- a k a "free enterprise"--seems willing to observe the occasion by dropping dead. On Monday night, some pundits were warning that the ATMs might run dry and hinting ...
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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