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Foreclosures Level Off And Home Equity Lending Poised For Modest Growth - Portfolio.com (blog)Boston GlobeForeclosures Level Off And Home Equity Lending Poised For Modest GrowthPortfolio.com (blog)Some experts believe that the market for home equity loans, which collapsed along with the housing bubble, is poised for modest growth as well. ...Reports show foreclosures still climbingTeton Valley NewsForeclosures take toll on US homeownersFinancial TimesRPT-US foreclosures drop 2nd straight month in Feb-RealtyTracReutersThe Money Times -The Desert Sun -Record-Searchlightall 776 news articles »
Sue Your Lender, Save Your Home - Housing WatchSue Your Lender, Save Your HomeHousing WatchWhen I finally got to the point where I only owed thirty thousand dollars my bank gave me a home equity loan and now the mortgage is finally gone! ...and more »
'Landslide Harry' on the ropes - Financial Times'Landslide Harry' on the ropesFinancial TimesNevada has the highest home foreclosure rate and the second-highest jobless rate in the US. Worse for Mr Reid, who has held his Senate seat since 1986, ...and more »
Wind Turbine Production Plant Comes to Nevada - EnergyBoomEnergy TribuneWind Turbine Production Plant Comes to NevadaEnergyBoom"Senate Majority Leader Reid's vision for the development of clean energy industries in his home state, Nevada's position relative to the major wind ...US-Chinese Consortium Chooses Nevada for Wind Turbine FactoryEco Factoryall 337 news articles »
Owners of West Texas wind farm to open turbine factory in Nevada - Dallas Morning News (blog)Today's Energy SolutionsOwners of West Texas wind farm to open turbine factory in NevadaDallas Morning News (blog)(A private-equity group involved in the project, US REG, is led by Dallas investor and Democratic fundraiser Cappy McGarr.) The project's owners, China's ...A-Power Energy Generation Systems & American Nevada Group to Develop a Wind ...Your Renewable News (press release)Reid's rural press conference centers on energy, agricultureLahontan Valley Newsall 145 news articles »
Report: States rush plans for federal funding - Credit.com NewsCredit.com NewsReport: States rush plans for federal fundingCredit.com NewsLast month, President Barack Obama stood before a Nevada audience to announce new funding for states hit hardest by the foreclosure crisis. ...and more »
Those who profited by betting against the boom - Boston GlobeThose who profited by betting against the boomBoston GlobeLewis describes a financial industry conference in Las Vegas during the boom where Eisman hears of “a stripper with five separate home equity loans. ...and more »
Boxing's road to revival - Yahoo! SportsYahoo! SportsBoxing's road to revivalYahoo! SportsBy taking the act on the road and putting on cards in opulent new venues with prices that the 9-to-5er can afford without taking out a home equity loan, ...and more »
Nevada's 70% Underwater Mortgages Lead Negative Equity Trend - Credit Union TimesNevada's 70% Underwater Mortgages Lead Negative Equity TrendCredit Union TimesFleming said because he expects home prices to only increase slightly during 2010, negative equity will remain a “dominant issue” in mortgage markets for ...Nearly One in Four Borrowers Underwater on MortgageWall Street Journal (blog)11.3 million homeowners underwater on mortgageLincoln Journal StarNew Report Finds Increased Negative Equity In Housing MarketsMortgageorbLoanSafe -24/7 Wall St. (blog) -Toledo Bladeall 86 news articles »
Chamber Polls Find Public Is Opposed to Healthcare Plan - U.S. News & World Report (blog)Chamber Polls Find Public Is Opposed to Healthcare PlanU.S. News & World Report (blog)... property - allowing financial institutions to provide 2nd mortgages and HELOC's (Home Equity Lines of Credit) against this supposed collateral value. ...and more »

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Today's Mortgage Terms starting with M
Margin: The percentage difference between the index for a specific loan and the interest rate charged. This is a number already set by the lender.
Market Value: The price at which a given property or product is transacted between a willing, unhurried buyer and a seller who know all the pertinent facts about the property.
Mortgage Banker: A financial institution who directly funds home loans, sells them to investors, arranges monthly payments and handles escrow. Some mortgage bankers sell their loans on the secondary market.
Mortgage Broker: A broker arranges financing for borrowers with a variety of lenders. A mortgage broker does not make the loan, but receives payments for its services.
Mortgage Insurance: It is insurance to protect the lender in case you default on your loan. With conventional loans, mortgage insurance is generally not required if you make a down payment of at least 20% of the home's appraised value. It is also known as PMI (Private Mortgage Insurance).
Mortgage Loan: A loan for which a specific real estate property serves as collateral to provide for repayment in case of default.
Mortgage Refinance: A refinanced mortgage is one in which a borrower pays down an old loan with a new loan. People who refinance a mortgage tend do so to get a lower interest rate, lowering their payments or to take cash out of their home equity.
Mortgagee: The lender in a mortgage loan relationship. Property is used as collateral to make payment.
Mortgagor: The borrower in a mortgage loan relationship. Property is used as collateral to make payment.
View all Terms |