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Borrowers seeking to refinance may face challenges - Frederick News-PostWith mortgage rates dropping to the lowest point in 37 years, homeowners are heading to lenders to refinance their loans. Jeri Benner of Mason Dixon Funding said her firm did 400 mortgages in December; about three-fourths of those were refinancing ...
On Religion - USA Today BlogsIn Washington today, politicians too often just stand their ground. Liberal strategist Bob Beckel and conservative columnist Cal Thomas provide a better model. To report corrections and clarifications, contact Reader Editor Brent Jones at 1 800 872 ...
Distressed sales a big part of ’08 market - Providence JournalThe renovation included sanding the hardwood floors in the first-floor apartment. The Providence Journal / Kathy Borchers When Yves and Max Dumont began rehabilitation work on a two-family house at 15-17 Applegate Lane in South Providence, kitchen ...
Chandler restaurant owner files for bankruptcy protection - AZCentral.comRon Wojcicki, the owner of three former Chandler restaurants, has filed for bankruptcy protection under Chapter 7. The filing halts a lawsuit recently filed against him by a former business partner asking for a six-figure settlement and alleging ...
Mortgage applications nationwide reach 5-year high - ksl.comThis sounds is a very positively spun report. The problem is they fail to mention that over 82% of the applications are for refinancing and not new mortgages. Not going to do much to kick off another boom if people still aren't buying. It also fails ...
Tough times - Sun-JournalHow bad is it getting? The numbers don't look good in Maine. But there's hope in staying flexible, leaning on support services and spending smart. At one point last week, Community Concepts workers frantically scrambled to answer the agency's phones ...
CapeCodToday Blog Chowder - Cape Cod TodayWelcome to CapeCodToday's Blog Chowder! This page aggregates the most recent postings from all the CapeCodToday bloggers for your convenience. Bookmark this page or see below left for RSS options. I remember the OJ trial. There was a lot of evidence ...
How the Middle East crisis affects oil prices - Globe and MailAs the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. Is the recent jump in oil prices directly related ...
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.
View all Terms