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News about Mortgages:
Feds Urge Lenders To Refinance - CBS NewsThe federal government has started a program to encourage mortgage lenders to refinance high-interest subprime loans rather than foreclosing. Wyatt Andrews reports. Flash Player is required to view video on CBSNews.com Windows Media Player is ...
XL holiday firm collapse: Stranded tourists tell of relief at coming ... - Daily TelegraphHolidaymakers stranded abroad are beginning to make their way home. ; http://link.brightcove.com/services/link/bcpid1488655367/bctid1790969230 http://www.brightcove.com/channel.jsp?channel=1139053637 A massive airlift was under way to bring some of ...
XL holiday firm collapse: Massive airlift to bring 67,000 people home - Daily TelegraphUp to a quarter of a million British holiday makers could be stranded as package holiday company XL went into administration today. ; http://link.brightcove.com/services/link/bcpid1488655367/bctid1789004683 http://www.brightcove.com/channel.jsp ...
XL chief executive 'devastated' by company's collapse - HeraldThe head of the UK's third largest tour operator said today he was "devastated" at the holiday company's collapse. XL Leisure Group chief executive Phil Wyatt said he believed his firm should not have been forced to go into administration. He told a ...
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