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Cash-Strapped Abyssinian Has Made More Than $100M From Building Sales - DNAinfo
DNAinfoCash-Strapped Abyssinian Has Made More Than $100M From Building SalesDNAinfoHe said ADC is selling off properties to cover mortgage payments and continue to provide social services. But his critics ... In 2011, they paid more than $1 million to seven staff members, including $190,000 a year to then CEO Sheena Wright, records show.and more »

November Dealmakers 2015 - Upstate Business Journal
Upstate Business JournalNovember Dealmakers 2015Upstate Business JournalNeal Boyett was the listing agent and Craig Jacobs was the leasing agent in the lease of 1,750 SF mortgage company at 175 Magnolia St., Spartanburg, by Guild Mortgage from Margarette C. Pomeroy. Chip Hurst was the listing/leasing agent in the lease of ...

Historic Abyssinian Development Corporation Struggles with Financial Mess - The Nonprofit Quarterly (blog)
Historic Abyssinian Development Corporation Struggles with Financial MessThe Nonprofit Quarterly (blog)To cover mortgage payments and keep the social services running, Butts is raising cash by selling properties. In the past year, he has unloaded the Pathmark and Renaissance Ballroom ... This article describes enormous growth over the past ten years ...and more »

El Niño means it's a good time to buy flood insurance - Christian Science Monitor
Christian Science MonitorEl Niño means it's a good time to buy flood insuranceChristian Science Monitor“We encourage everyone to take this threat seriously,” said Roy Wright, the Federal Emergency Management Agency's deputy associate administrator for insurance and mitigation, at a prewinter news conference. “If there ever was a time to buy flood ...

Real estate transactions Nov. 23, 2015 - Bradenton Herald
Real estate transactions Nov. 23, 2015Bradenton Herald$490,000 Federal National Mortgage Association, Fannie Mae to Evans Billy Lee, Evans Renetta Jeanette, Lot 29 Woodlands Park on Palma Sola Bay, O.R. Book 02594 Page 6308, Nov. 10. $460,197 DR Horton Inc to Anderson Christina A, Anderson Graham G, Lot 7 ...

1000 Acres Ranch gets new owner - Glens Falls Post-Star
Glens Falls Post-Star1000 Acres Ranch gets new ownerGlens Falls Post-StarBidder Carol McLean-Wright places a bid of $900,000 on the entire property of the 1000 Acres Ranch on Wednesday during a bankruptcy auction at the ranch in Stony Creek. McLean-Wright went on ... In addition to Glens Falls National Bank, which holds a ...and more »

People in Business - Houston Chronicle
Houston ChroniclePeople in BusinessHouston Chronicle... firm based in Houston, announced new employees. Jalal Zeitoune joined the firm as the practice leader for interior design. Elkin Aguilar has joined the firm as design practice leader in architecture. Melissa Wright has joined the firm as director ...

Release the cash from your home - the facts not the fiction - Telegraph.co.uk
Telegraph.co.ukRelease the cash from your home - the facts not the fictionTelegraph.co.ukYou can still qualify for equity release even if you have an existing mortgage, as long as you use the released funds to pay this off first. Equity release is increasingly being seen as something of a lifeline to those struggling to pay off their ...and more »

REAL ESTATE: Mortgage credit loosens, giving homebuyers a lift - Press-Enterprise
REAL ESTATE: Mortgage credit loosens, giving homebuyers a liftPress-EnterpriseREAL ESTATE: Mortgage credit loosens, giving homebuyers a lift. Ellie Mae index on credit rating shows it may be easier to buy affordable homes; and Social Security recipients with mortgages to pay learn of Sen. Wright's proposal for $580 lump sum ...and more »

Clay among 'lowest debt' counties in Iowa - Spencer Daily Reporter
Clay among 'lowest debt' counties in IowaSpencer Daily Reporter... of income, auto debt as percentage of income and mortgage debt as percentage of income to calculate the lowest debt index. Clay's lowest debt index was 95.57, compared to Wright's at 96.91, O'Brien's at 93.52. Buena Vista's lowest debt index was 92.77.

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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.

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