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News about Mortgages:
Sunwest tries to halt foreclosure - Statesman JournalSunwest Management founder Jon Harder intends to use his Chapter 11 bankruptcy filing to protect Sunwest's senior living homes from lenders ready to foreclose, court papers show. Sunwest, a Salem-based manager of 250 senior housing projects, is in a ...
Shoring up banking sector is No 1 priority - Kuwait - ArabianBusiness.comMARKET BOOST: A new state fund is seeking long-term share investments in bid to boost confidence in the Kuwait stock market. (Getty Images) A Kuwait state fund launched to stabilise the bourse is seeking long-term share investments, the Kuwait ...
2008: Year in Review - Complete Edition - Wayne IndependentHere is the complete round-up of highlights from front page news in The Wayne Independent for 2008 in Wayne County, Pa. 2- The year opens with coverage of one of many seminars on natural gas leasing, as companies and landmen canvass northern Wayne ...
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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