Bradley Mortgage Refinance and Information Online from competing Lenders

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Alabama County Prepares for Bankruptcy in Debt Crisis (Update1) - Bloomberg
Aug. 26 (Bloomberg) -- Jefferson County, Alabama, officials told their lawyers to prepare a bankruptcy filing if the county can't reach an agreement with creditors over how to escape from $3 billion of bonds with soaring interest rates. The Jefferson ...

NO CANDIDATES FILE FOR CITY COUNCIL SEATS - Curry Coastal Pilot
Brookings has no candidates for city council and only one for mayor as the deadline passed Tuesday for candidates to get their names on the Nov. 4 General Election ballot. Joyce Huffington, administrative assistant for the city, said that to her ...

Lantigua, others seek six-month moratorium on foreclosures - Eagle-Tribune
BOSTON — With more homeowners falling behind on mortgage payments, Rep. William Lantigua, D-Lawrence, and a group of lawmakers are proposing a six-month moratorium on foreclosures. The proposed moratorium is among three bills unveiled yesterday ...

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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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