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The Next Subprime Crisis Looms - FHA-Backed Loans - Free Internet Press
The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers - many of them the ...

Once again, the subprime wolves are on the prowl - WTOL-TV
As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them the very sorts of firms that helped create the current financial crisis -- are going strong. Their new strategy: taking advantage of a long ...

The Next Subprime Crisis Looms - Der Spiegel
Joseph McCloskey, a former director of FHA's single-family asset management branch, says workers reviewing lender applications have had difficulty for years tracking whether executives of previously disciplined mortgage firms were applying for new ...

Company now will have Clearwater tap credit line, take some of its ... - Spokane Journal of Business
Potlatch Corp., the big Spokane-based wood-products concern, says the national credit crisis has forced it to change how it will finance the planned spin-off of its pulp-based operations into a new publicly traded company called Clearwater Paper Corp ...

Clearwater privatization deal getting financing offers, but cost too ... - Sympatico
HALIFAX - Fisheries magnate John Risley says he's had several offers from banks willing to finance his purchase of publicly traded Clearwater Seafoods (TSX:CLR.UN) units, but so far the interest rates offered are too high to restart the frozen deal ...

N. Idaho company delays spinoff plan - Seattle Times
LEWISTON, Idaho — Potlatch Corp. has announced it will delay its plan to create a spinoff company in northern Idaho because of turmoil in the credit markets. Potlatch said Thursday that the plan to create a company called Clearwater Paper from its ...

Latest News - dBusinessNews.com
Baron International Signs Multi-Outlet Renovation Deal With Applebee's FT. MYERS - Baron International, Inc, a wholly owned subsidiary ... Scott Menaul Opens Menaul Fine Art Gallery in Clearwater, FL Clearwater, FL -- Clearwater, one of the world’s ...

Tightening up for tough going - Coeur d'Alene Press
Nearly empty sidewalks in downtown Coeur d’Alene on Friday afternoon are not as ominous as they might seem as the area’s businesses face a potentially long winter in uncertain economic times. Experts encourage good planning and a tight business ...

'Muzzled' Biden's Halloween Present: A Press Avail - ABC News Blogs
ABC News' Matthew Jaffe reports: Earlier this week, Republicans claimed that Sen. Joe Biden, D-Del., had been “muzzled” by the Democratic campaign, noting that he had not held a full-fledged press availability with traveling reporters since a ...

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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
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