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Mortgage-paying problems spreading - The Washington Times
The housing foreclosure and delinquency crisis, which erupted last year as subprime borrowers with adjustable-rate mortgages began to default at record levels, has now begun to hit morecredit-worthy homeowners to an extent not seen before, according ...

Foreclosure rate alarms Iowans - Des Moines Register
Despite a quarterly dip, Iowa's foreclosure rate has worsened compared with a year ago, and officials are unsure whether a new housing relief law will do enough to help families keep their homes. A Mortgage Bankers Association report Friday showed ...

Women a Tougher Sell for Obama - Common Dreams
BANGOR, Maine - Women such as Linda Sinclair have turned New England into a potentially tough playing field for Illinois Sen. Barack Obama. Sinclair listened with rapt attention as New York Sen. Hillary Rodham Clinton spoke at a rally in Orono on ...

Henry Paulson's Priorities - Common Dreams
By Bush administration standards, Henry Paulson, the Treasury secretary, is a good guy. He isn't conspicuously incompetent; and he isn't trying to mislead us into war, justify torture or protect corrupt contractors. But Mr. Paulson's actions reflect ...

HEDLUND REPORT: Missed opportunity for Turnpike Authority reform - Cohasset Mariner
 If the Legislature has specialized in anything over the past few years, it’s been in missed opportunities. It has missed opportunities to inspire increased confidence in our role as stewards of the public’s money by failing to reform our broken ...

Stimulus package heads to Bush - Raleigh News & Observer
Voting yes: Democrats G.K. Butterfield, Bob Etheridge, Mike McIntyre, Brad Miller, David Price, Heath Shuler and Mel Watt, and Republicans Virginia Foxx, Robin Hayes, Walter Jones, Patrick McHenry and Sue Myrick WASHINGTON - Congress passed an ...

01/16 - 01/23 (1) - Dakota Voice
Badlands Blue Dakota 21 Dakota Today DakotaWomen GraceLife Haggard News Hog House Blog Jay Reding.com Jim Rivers Report Mount Blogmore (RC Journal) Northern Valley Beacon Proud Liberal RadioActive Chief Rage in the Cage Robbinsdale Radical School-of ...

Business Briefs - March 2008 - Everett Herald
A helicopter flight school at the Arlington Airport has closed, and local students are out tuition money after the school’s Nevada-based operator filed for bankruptcy. The Silver State Helicopters school in Arlington, along with more than 30 other ...

Where Either a Borrower Or a Lender Can Be - Wall Street Journal
When Jeff Walsh wanted to refinance the small-business loan on his coin laundry, he didn't want to take a chance that his bank would reject his application. "I just bought a house in 2007 and was a little nervous about what the bank would say about ...

Lantigua, others seek six-month moratorium on foreclosures - Eagle-Tribune
BOSTON — With more homeowners falling behind on mortgage payments, Rep. William Lantigua, D-Lawrence, and a group of lawmakers are proposing a six-month moratorium on foreclosures. The proposed moratorium is among three bills unveiled yesterday ...

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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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