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Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. That has been the mantra of CEOs up and down Wall Street throughout this year’s financial crisis. Lehman Brothers Holdings’ Dick Fuld used ...
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UPDATE 1-Russian retailers seek 50 bln rbls in loans-sources - ForbesMOSCOW, Oct 27 (Reuters) - Ten Russian food retail companies have asked state banks for a total of 50 billion roubles ($1.85 billion) in loans to help survive the global financial crisis, industry sources said on Monday. 'If you add up what each ...
PREVIEW-Hints of Fannie and Freddie roles sought in filings - ReutersNEW YORK, Nov 6 (Reuters) - Equity investors burned by the government seizure of Fannie Mae and Freddie Mac in September may soon get clues of how the housing finance giants may be remaking themselves under conservatorship. Fannie Mae (FNM.P: Quote ...
Worries grow on mortgage funds - The AgeFEARS are growing the crisis in the nation's $12 billion mortgage fund sector could soon spill into the broader property market, with developers and home buyers at risk of having a key funding tap shut off. The Federal Government last night brought ...
Maid-Turned-Realtor Ran Vegas Mortgage Scam, Prosecutors Say - BloombergOct. 30 (Bloomberg) -- Eve Mazzarella was a Las Vegas success story. The high-school dropout and former housemaid moved to the Nevada city in 2000 from Seattle, got a certificate from the ABC Real Estate School and started selling houses in what ...
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