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Simon Property Group Incorporated - Chicago Tribune
General Growth Properties saw it shares drop 52 percent Tuesday morning, a day after Moody's Investors Service cut its credit rating because of uncertainty about its liquidity. Shares were trading at $3.72 late morning on the New York Stock Exchange ...

Options to solve credit challenges - Atlanta Journal Constitution
The buyers: Kira George, 25, an administrative assistant, and husband Yves Amani, 28, a fraud investigator for Verizon Wireless. CHRISTOPHER OQUENDO/Special Yves Amani and Kira George used an FHA loan to overcome obstacles to homeownership. They had ...

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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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