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News about Mortgages:
BC-UT--Economy-Court Filings,1st Ld-Writethru/338 - Daily HeraldSALT LAKE CITY -- The lagging economy appears to be driving up civil court filings in Utah. Mortgage foreclosures and liens were up 111 percent between July and October compared to the same period last year. A court analysis also indicates that the ...
'Black Friday' won't stave off black days ahead: Analysts - Ottawa SunWASHINGTON (AP) — U.S. retail shoppers hunting for holiday bargains on ”Black Friday” won’t be enough to stave off what’s likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims ...
Despite slumping real estate market, Madison's newest cohousing ... - Wisconsin State JournalAmid the toughest real estate market in a generation, a group of self-described amateurs has pulled off something of a miracle: selling all but three units in the 40-unit Arboretum Cohousing project. Long popular in Scandinavia but relatively new in ...
Business past, business present? - Monroe Evening News- Evening News photo by KIM BRENT Headlines of today's state of affairs are reminiscent of those some 70 years ago. One area business, Martin's Shoe House in Monroe, has weathered the times and seen its share of history. Greg Martin (left) and his ...
Pulse of the economy: The new frugality - AZCentral.comThis time, it's hitting all of us. On Nov. 21, 10 Republic reporters and four photographers fanned out across the Valley to take the pulse of the Arizona economy. They asked everyday people, many of them solidly middle-class, how they were coping. It ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Wells Fargo: Clearly, there are numerous pitfalls that Wells Fargo will need to navigate, but in the short run, at least, it won. Wells Fargo ...
People of modest means hitched hopes on Little Lake Street - San Diego Union-TribuneA "repo" bus tour through Otay Ranch stopped recently on Little Lake Street, where more than half the houses on one block have gone into foreclosure in the past three years. Little Lake Street in the Otay Ranch community of Hillsborough is an ...
Schools, businesses feel effects of neighborhood's misery - San Diego Union-TribuneCHULA VISTA – During the first half of the decade, when home prices were soaring, the Rev. Carl Dreves watched in amazement as new neighborhoods took shape in sprawling Otay Ranch. Prospective buyers recently toured a three-bedroom model home that ...
Washington bankruptcy filings rise 40% - Seattle TimesIndividuals and businesses who can't pay their bills anymore and can't sell off assets to pay their debts typically seek protection from creditors in bankruptcy court. The court can give them a fresh start by releasing them from personal liability ...
Is an equity accelerator program for you? - Everett HeraldLast year Jennifer and Mike Wheat refinanced to a new kind of mortgage that could help the Lake Stevens couple pay off their loan in about 11 years for thousands less than if they had opted for a traditional, fixed-rate 30-year loan. Variations 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