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News about Mortgages:
Iredell County gets $112000 due to high unemployment rate - Mooresville TribuneIredell County gets $112000 due to high unemployment rateMooresville Tribune, VA - Jan 6, 2009Families are hurting and these funds will go a long way in assisting them with rent or mortgage assistance as well as with food and utility assistance. ...
It’sa new year for state laws - CharlotteObserver.comIt’sa new year for state lawsCharlotteObserver.com, NC - Jan 1, 2009The judicial district for Alexander, Davidson, Davie and Iredell counties is now split in two, resulting in a few more judges and prosecutors. ...
Yadkin Valley Financial Corporation Receives Preliminary Approval ... - CNNMoney.comYadkin Valley Financial Corporation Receives Preliminary Approval ...CNNMoney.com - Dec 31, 2008The Piedmont Bank region serves Iredell and Mecklenburg Counties. The High Country Bank region serves Avery and Watauga Counties. ...Yadkin Valley Financial Corporation Receives Preliminary Approval ... International Business Timesall 18 news articles
Yadkin Valley Financial Corporation Declares Fourth Quarter ... - CNNMoney.comYadkin Valley Financial Corporation Declares Fourth Quarter ...CNNMoney.com - Dec 22, 2008The Piedmont Bank region serves Iredell and Mecklenburg Counties. The High Country Bank region serves Avery and Watauga Counties. ...Yadkin Valley Financial Corporation Declares Fourth Quarter ... International Business Timesall 11 news articles
Vacation rental homes face uncertain future in Cornelius - CharlotteObserver.comVacation rental homes face uncertain future in CorneliusCharlotteObserver.com, NC - Dec 13, 2008A Jetton Road couple who've rented their home for three summers told the board they rely on the extra income to meet their mortgage. ...

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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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