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News about Mortgages:
Could renting solve your housing crisis? - IndependentCould renting solve your housing crisis?Independent, UK - Aug 26, 2008Ed Phillips, lettings director at estate agents Foxtons, says: "Some homeowners are finding it very difficult to accept they won't get what they might have ...
Business Highlights - ForbesBusiness HighlightsForbes, NY - 10 hours agoNEW YORK (AP) - ConocoPhillips will sell the remainder of its gas stations in the United States, the company said Wednesday, though Conoco, Phillips 66, ...
Top mortgage exec at Wells Fargo retiring - San Antonio Business JournalTop mortgage exec at Wells Fargo retiringSan Antonio Business Journal, TX - Aug 26, 2008Wells Fargo has a big mortgage operation in Minneapolis’ Phillips neighborhood. Oman joined Norwest Corp. in 1979. Norwest bought Wells Fargo in 1998 and ...
Economic Data Lift Futures - Smartmoney.comChippewa HeraldEconomic Data Lift FuturesSmartmoney.com - 19 hours agoThe firm's Conoco, 76 and Phillips 66 stations will retain their branding. TiVo (TIVO), the company that whose little black box allows users to watch what ...AP Business NewsBrief at 12:35 pm EDT TMCnetall 889 news articles
Bankruptcies in Mass. soar 28 percent in one year - Boston GlobeBankruptcies in Mass. soar 28 percent in one yearBoston Globe, United States - 4 hours ago(AP) The pace of the mortgage industry's efforts to assist troubled borrowers increased last month, an industry group said. Hope Now reported that about ...
Wachovia boosts loss to $9.11 bln, cuts more jobs - guardian.co.ukReutersWachovia boosts loss to $9.11 bln, cuts more jobsguardian.co.uk, UK - Aug 11, 2008... 600 more than it had disclosed, with the additional cuts coming from mortgage operations, spokeswoman Christy Phillips-Brown said. ...Wachovia cuts back mortgage lending-report Tehran TimesWachovia's Second-Quarter Loss Widens on Legal Costs (Update2) BloombergBRIEF: Wachovia cutting 600 more mortgage jobs Trading Markets (press release)Housing Wire - InvestmentNews
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Business Briefing - Seattle Post IntelligencerBusiness BriefingSeattle Post Intelligencer - 5 hours agoNEW YORK -- ConocoPhillips will sell the remainder of its gas stations in the United States, the company said Wednesday, though Conoco, Phillips 66 and 76 ...
United Airlines to furlough 1550 flight attendants - San Francisco ChronicleUnited Airlines to furlough 1550 flight attendantsSan Francisco Chronicle, USA - 4 hours agoConocoPhillips will sell the remainder of its gas stations in the United States, the company said Wednesday, although Conoco, Phillips 66 and 76 will ...
Dr. Robert Phillips, founder of Nomis Solutions, advises lenders ... - Introducer TodayDr. Robert Phillips, founder of Nomis Solutions, advises lenders ...Introducer Today, UK - Aug 22, 2008In addition to customer preferences, Dr. Phillips argues that mortgage lenders need a pricing framework to react quickly and effectively to a myriad of ...
Paulson's Fannie-Freddie `Bazooka' Shakes Investors (Update3) - BloombergPaulson's Fannie-Freddie `Bazooka' Shakes Investors (Update3)Bloomberg - Aug 21, 2008Shares in Fannie and Freddie, government-chartered companies that together account for almost half the $12 trillion US mortgage market, reached their lowest ...

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Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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