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Pike officials pushing tolls as hedge against 'swaption' costs - Abington MarinerMassachusetts Turnpike Authority officials are warning lawmakers that millions in Big Dig debt could explode if House efforts to limit toll increases, with a gas tax hike or by stripping the agency of toll-levying power, gain traction. Turnpike ...
Lawrence will have pilot program to curb foreclosures - Eagle-TribuneBOSTON - Lawrence and other Massachusetts communities plagued by home foreclosures could get help from a series of initiatives Gov. Deval Patrick will roll out today. Under the plan, Lawrence would be the site of a pilot program to encourage lenders ...
Saving the ranch: As foreclosures mount, help may be on the way - if ... - Eagle-TribuneYou're not alone. That's the message from federal, state and local government agencies, as well as some area nonprofits, to homeowners facing the loss of their homes due to bank foreclosure. Furthermore, say state and federal regulators, a host of ...
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