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S. Jersey Hospital Seeks $5 Million Loan From Locals - KYW News radioA South Jersey community hospital, rescued from bankruptcy a year ago, is going to the community again, seeking loans to ensure its long term future. Without a $5 million infusion of cash by the middle of January, Kessler Memorial Hospital in ...
A real-estate investor shares his 5 secrets for success - MyCentralJersey.comEditor's note: Martin Sumichrast is an independent author who asked if he could submit the following article; the views herein are his and do not necessarily reflect the views of the Real Estate Editor, the Courier News, the Home News Tribune or ...
EDF Offers to Buy Constellation Assets, Challenges Buffett - BloombergDec. 3 (Bloomberg) -- Electricite de France SA, the world’s biggest operator of atomic reactors, offered to pay $4.5 billion for half of Constellation Energy Group Inc. ’s nuclear business to expand in the U.S. and thwart a rival bid from ...
EDF Defies Buffett With Constellation Nuclear Offer (Update1) - BloombergDec. 3 (Bloomberg) -- Electricite de France SA, the world’s biggest operator of atomic reactors, offered to pay $4.5 billion for half of Constellation Energy Group Inc. ’s nuclear business to expand in the U.S. and thwart a rival bid from ...
Bridgewater Commons owner gets two-week reprieve on debt - MyCentralJersey.comWASHINGTON — Shopping-mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer-term extensions ...
Other shoe is dropping - Las Vegas SunThe nation’s economy sank again this week after the Commerce Department reported that sales of new homes fell in October to the lowest point in 18 years. But even worse news, concerning commercial properties, is just ahead, according to reporting ...
Plunge in Mortgage Rates Won't End Housing Slump - CNBCThe lowest mortgage rates in three years are luring first-time buyers and cost-cutting refinancers, but falling home prices and mounting unemployment will keep U.S. housing in its deepest slump since the Great Depression. Applications to buy and ...
General Growth Properties wins loan extension for Las Vegas malls - Newark Star-LedgerGeneral Growth Properties -- the nation's No. 2 shopping mall operator, with four outlets in New Jersey -- has received a two-week extension on mortgage loans totaling $900 million, as the troubled company works to stave off bankruptcy and negotiate ...
Lower US mortgage rates help but jobs, prices key - Guardian UnlimitedNEW YORK, Dec 3 (Reuters) - The lowest mortgage rates in three years are luring first-time buyers and cost-cutting refinancers, but falling home prices and mounting unemployment will keep U.S. housing in its deepest slump since the Great Depression ...
New Mortgage Crisis Looms - TimeThat pace is expected to quicken. The number of late payments and defaults will double, if not triple, by the end of next year, according to analysts from Fitch Ratings Ltd., which evaluates companies' credit. "We're probably in the first inning of ...
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