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Metro-Area Foreclosure Sales Tripled in First 10 Months of 2008 - BloombergJan. 6 (Bloomberg) -- Foreclosure sales in the 25 largest U.S. metropolitan areas almost tripled in the first 10 months of last year as rising unemployment and falling home values made it tougher for homeowners to sell or refinance their mortgages ...
Bankruptcy filings jumped 57% here in '08 - Arizona Daily StarU.S. Bankruptcy Court in Tucson moved to the James A. Walsh Federal Courthouse at 38 S. Scott Ave., between East Congress Street and East Broadway, in February 2005. It previously had been located at La Placita Village, the vividly painted complex of ...
Tucson bankruptcies rise by 57 percent - Arizona Daily StarThe tightening credit market has made it difficult for consumers and small business owners to refinance their debt, forcing some into bankruptcy, said Jon Saffer, a bankruptcy attorney with the firm Snell & Wilmer.
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. For Dow Chemical CEO Andrew Liveris, failure isn’t an option. Liveris has a tough juggle ahead of him to complete his company’s $15.3 ...
Negative equity increasing in Grand Junction housing market - Grand Junction Daily SentinelThe number of homes in Grand Junction with negative equity — a loan balance that is greater than the value of the property — has reached 19.2 percent in 2008. That’s a jump from 9.7 percent in 2007 and is well above the percentages recorded ...
Price drop for homes not as bad in Denver - Rocky Mountain NewsIt may be small consolation if you bought a home in the Denver area at the top of the market, but the local residential real estate market is in far better shape than almost any other major metropolitan area in the country. The most recent S&P/Case ...
Create emergency fund, experts urge: Revving up finances can be almost ... - El Paso TimesEL PASO -- The start of the new year is a great time to re-evaluate your finances and tinker with your savings goals, experts say. In a recession, it's especially important to continue to save some money, especially for an emergency fund, experts add ...
Big S&P Rally Means Low Probability of IPO Rebound Before 2011 - BloombergJan. 5 (Bloomberg) -- Even if the Standard & Poor’s 500 Index rallies 24 percent this year, there’s little chance of a similar rebound in U.S. initial public offerings. It may take until 2011 for the number of companies going public to return to ...
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.
View all Terms