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News about Mortgages:
Foreclosures on rise in N.H., nationally - Portsmouth HeraldThe number of home foreclosures in Rockingham County are increasing, following the national trend. In the county, the number of foreclosures in September were 33, compared to 19 in September a year ago, according to information released by Real Data ...
Wells Fargo will downsize Wachovia's investment bank - WCNCROCKINGHAM -- Wells Fargo & Co. executives signaled Wednesday that the bank will downsize Wachovia Corp.'s corporate and investment bank after the companies' planned merger later this year. In a conference call with analysts, Wells Fargo chief ...
Wells Fargo to shrink Wachovia's investment bank - Raleigh News & ObserverCorporate and investment bank is source of high-paid jobs in Charlotte. ROCKINGHAM - Wells Fargo & Co. executives signaled Wednesday that the bank will downsize Wachovia Corp.'s corporate and investment bank after the companies' planned merger later ...
Faneuil Hall, Natick Collection Owner In Trouble - WBZ-TVBOSTON (WBZ) ― The company that owns several popular malls in New England says it may have to file for bankruptcy - just before the holidays. General Growth Properties Inc. of Chicago owns the Faneuil Hall Marketplace , the Natick Collection ...

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Today's Mortgage Terms starting with E
Equity: The difference between the current market value of a property and the total debt outstanding against the property.
Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.
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