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News about Mortgages:

Voices of the Evacuated - Santa Barbara Independent
del.icio.us. Trace Robinson's home at 356 East Mountain Drive was still standing as of this morning, but many Mountain Drive homes burned to the ground. Trace Robinson and her family lived at 356 East Mountain Drive, next to the Tea Gardens, where ...

Body found in Milwaukee River is identified - Milwaukee Journal Sentinel
Nov. 11, 2008 11:20 p.m. | West Bend - A World War II veteran who survived the bombing of Pearl Harbor collapsed during a Veterans Day ceremony in Washington County and was pronounced dead Tuesday. John Weinberger, 85, collapsed Tuesday morning as he ...

Obama outspends McCain, GOP 3-2 down the stretch - Milwaukee Journal Sentinel
In one key respect, the report underscored just how tilted the playing field is toward Obama in the homestretch. The ad wars are being fought overwhelmingly in states won by the Republicans four years ago. Three out of every four dollars spent on TV ...

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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