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Newton applies for federal funds to aid with foreclosed homes - Covington News
Newton applies for federal funds to aid with foreclosed homesCovington News, GA - 7 hours agoNewton County Senior Planner Scott Sirotkin told the BOC the county had an estimated 823 foreclosures in 2008, with 117 properties still to be auctioned. ...

Madoff scandal, SEC role under scrutiny - The Associated Press
The Associated PressMadoff scandal, SEC role under scrutinyThe Associated Press - Jan 6, 2009WASHINGTON (AP) — Two more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi ...

Readers will protest policy that ousts those behind in electric ... - Record-Searchlight
Readers will protest policy that ousts those behind in electric ...Record-Searchlight, CA - Jan 7, 2009By Scott Mobley (Contact) Several hundred people are vowing to attend a candlelight vigil at Redding City Hall next month protesting a policy requiring ...

RAGBRAI, no ethanol plant, caucuses among top stories - Ogden Reporter
RAGBRAI, no ethanol plant, caucuses among top storiesOgden Reporter, IA - Jan 7, 2009(A tie): PILOT MOUND METHODIST CHURCH members burned the mortgage and dedicated their new church. Their previous facility was destroyed by fire 10 years ago ...

· Public records for Jan. 7, 2009 - Daytona Beach News-Journal
· Public records for Jan. 7, 2009Daytona Beach News-Journal, FL - 19 hours agoJoan L. Milo, real property; US Bank Home Mortgage v. Gary L. Riley, real property; JP Morgan Chase Bank NA v. Kenneth Wood, real property; Indymac Federal ...

Looking Back Part 2: 2008 ended on good note - La Vista Sun
Looking Back Part 2: 2008 ended on good noteLa Vista Sun, Ne - Jan 7, 2009The bank already holds the mortgage on the property. Robert Clements, the bank's executive vice president, said the bank will put the property on the market ...

Real Time - Market Currents - Seeking Alpha
Real Time - Market CurrentsSeeking Alpha, NY - 2 hours ago1 Comment 4:10 PM NY Fed says it bought $10.2B in mortgage-backed securities as part of its $500B facility to stabilize the US housing market and lower ...

Mountain Bay Plaza's muddy beginnings - Mountain View Voice
Mountain Bay Plaza's muddy beginningsMountain View Voice, CA - Jan 5, 2009That was the situation in the 1960s when the city's tallest building -- Mountain Bay Plaza at 444 Castro St. -- was first envisioned. ...

First-Time Buyer Clout Expected to Grow in 2009 - RisMedia.com (press release)
First-Time Buyer Clout Expected to Grow in 2009RisMedia.com (press release), CT - 10 hours agoOur member agents report that most buyers with good credit histories are able to qualify for mortgage loans.” Lawrence Yun, chief economist for the National ...

Car Credit City opens fourth dealership in O'Fallon - Belleville News Democrat
Car Credit City opens fourth dealership in O'FallonBelleville News Democrat,  USA - Dec 29, 2008Over the last year, the bank has produced more than $215 million in commercial loans and experienced record growth in the mortgage market by making 830 ...

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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.

    View all Terms
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