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One family's nightmare struggle - MarketWatchOne family's nightmare struggleMarketWatch... 30-year fixed-rate mortgage. Terry and Marianne both worked, and her husband Marvin, now retired from McDonnell Douglas, was an aircraft spray-painter. ...and more »
Lehman seeks to create a money manager for its own assets - Pensions & InvestmentsLehman seeks to create a money manager for its own assetsPensions & InvestmentsLehman Brothers Holdings Inc. hopes to establish an asset management business to manage and administer the commercial real estate, ...and more »
Colorado foreclosures up in February - Denver Business JournalColorado foreclosures up in FebruaryDenver Business JournalFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corp.), two government-chartered groups that buy mortgages, ...and more »
VALDEZ v. DEPARTMENT OF NAVY - Leagle.comVALDEZ v. DEPARTMENT OF NAVYLeagle.comHe explained his consideration of the Douglas factors, noting her previous service commendations and acceptable level of service, the stressful conditions ...
City girds for a battle - The Times of Trenton - NJ.comCity girds for a battleThe Times of Trenton - NJ.com"There is a remarkable focus on Trenton in these cuts," said Kent Ashworth, a spokesman for Mayor Douglas Palmer. A spokesman in Christie's office, ...and more »
Toll Brothers Steps Up Land Buying Activities - CNNMoney.com (press release)Toll Brothers Steps Up Land Buying ActivitiesCNNMoney.com (press release)In the last four months, the Company has purchased or put under control approximately 3000 home sites via mortgage note purchases and direct acquisitions of ...and more »
Census forms in mailboxes this week - Times-GeorgianCensus forms in mailboxes this weekTimes-GeorgianThe 2010 US Census forms will be arriving in Douglas County mailboxes this week and assistance is available locally for anyone who ...and more »
Lawmakers to unveil state fee hikes - Atlanta Journal ConstitutionLawmakers to unveil state fee hikesAtlanta Journal Constitution"There is going to be a lot of pressure on it [the bill] to be looked at and passed," said Senate Appropriations Vice Chairman Greg Goggans (R-Douglas), ...
Home ownership costs rise nationwide - Winnipeg Free PressCBC.caHome ownership costs rise nationwideWinnipeg Free Press... fixed-rate mortgage, even if the period they choose is shorter and the interest rate they pay is lower. Douglas Porter, deputy chief economist at BMO ...Cost of owning a home up slightly in late 2009: RBC EconomicsThe Canadian Pressall 150 news articles »
The Going Gets Tougher - New York TimesNew York TimesThe Going Gets TougherNew York TimesYes, it's a problem,” said Dottie Herman, the president of Prudential Douglas Elliman. “When these things fall through, it's not because people are ...and more »

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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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