Letter U - real estate and mortgage related terms

Letter U - real estate and mortgage related terms
Home ยป U - Mortgage Terms

Letter U - real estate and mortgage related terms

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UnderwritingThe process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself.
Unsecured-LoanA loan that is not backed by collateral.
UsuryOn a loan, claiming a rate of interest greater than permitted by law.

Mortgage industry news

The Contrarian View, Why the Fed might hike Interest rates in June
Safe Haven - Twenty four months ago, the Federal Reserve embarked on a long, but predictable road of lifting the federal funds rate, aiming to reach an unknown "neutral rate" a sweet spot that would p (full story)
Looking ahead
News Sun - Federal Reserve reports on consumer credit for April. Former Federal Reserve Chairman Alan Greenspan testifies about oil dependence and economic risk at a hearing of the Senate Foreign Rela (full story)
Monday's Money Rates
Monday's Money Rates (full story)
RBC Royal Bank increases residential mortgage rates
RBC Royal Bank announced today that it is increasing its residential mortgage rates effective June 6, 2006. (full story)
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Home of "letter u - real estate and mortgage related termsletter u - real estate and mortgage related terms  1/5/2009 7:09 PM