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News about Mortgages:
Bank sues over Monterra loans - Monterey County HeraldAn Upland bank has sued Monterey County Bank and its president, Charles Chrietzberg Jr., for alleged fraud for failing to foreclose on a number of loans to Roger and Basil Mills and Monterra Ranch Properties LLC. Golden State Bank, which bought ...
Soquel mortgage broker proposes sharp cut in interest rates to give ... - Santa Cruz SentinelFor 17 years, mortgage broker Ty Ebright made a living by matching lenders with longtime homeowners who encountered financial difficulties and couldn't get bank loans. Working out of an office on a side street in Soquel, he built up an impressive ...
More good reasons to keep up intervention - Monterey County HeraldCall it "a bailout in every pot": Having poured money into storied Wall Street institutions and major banks, the federal government is considering more aid for homeowners who are defaulting on their mortgages, along with billions in loans to help two ...
INDUSTRY NEWS & PEOPLE July 2007 - Business Travel ExecutiveThe Association of Corporate Travel Executives has named Jerome Drevon-Barreaux, global travel manager for Capgemini, as the new regional chair of ACTE Europe. A more than 10 year veteran of the business travel industry, Drevon-Barreaux directs a T&E ...
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