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Help center for needy in Renton to close - Seattle Post IntelligencerBELLEVUE'S LOIS SUMMERS spent Tuesday where she spends most Tuesdays -- hanging up clothes at the Operational Emergency Center in South Seattle. But this Tuesday was different. It was the last time she and a handful of volunteers from Renton's St ...
Baldwin Township couple, among millions facing foreclosure in U.S ... - Pittsburgh Post-GazetteCindy and Randy Balzer's Baldwin Township home, may be sold at sheriff's sale, unless the couple, can renegotiate the 15.9 percent interest rate on their loan. After 20 years of living in the Baldwin Township home where they raised three children and ...
Lender declares ICOP Digital in default on credit line - Kansas City Business JournalEquity Bank has declared ICOP Digital Inc. ’s $3.5 million credit line in default because of what the bank called ICOP’s weakened financial condition and “impending breach” of a covenant in its loan agreement requiring the company to maintain ...
Subprimes: From Bad to Worse - NewsweekThe mortgage mess isn't causing our worsening economic condition; it's a symptom of a far more serious problem. The stock market rallied today after President Bush announced a deal under which mortgage lenders would cut subprime borrowers some slack ...
Can this home be saved? - Pittsburgh Post-GazetteThe Donaldson Drive, Baldwin Township, home of Cindy and Randy Balzer. After 20 years of living in the Baldwin Township home where they raised three children and poured their life's savings, Randy and Cindy Balzer are on the verge of losing ...
Joe Burns: Good intentions trump imperfections - EnterpriseEvery time I hear someone talking about businesses providing housing for their employees that old Tennessee Ernie Ford song, “Sixteen Tons,” starts bouncing around my brain, especially the ending where he slows down the tempo and his voice get ...
Warsaw hears ‘08-09 budget - Journal PilotWarsaw School District is looking at a $4.5 million budget for the 2008-2009 school year. The district will receive an estimated $2.8 million in state aid this year, according to Superintendent Kim Schilson. The district's 2008-2009 budget is ...
Recovery mission - Baton Rouge Business ReportJust off La. Highway 22 in Maurepas, Michelle and Neil Richard are putting the finishing touches on their 5,200-square-foot dream home. “It all just kind of fell into place,” Richard says. It started about four years ago when the two graduated ...
Scattered Thoughts on Student Aid - Inside Higher EdThe value and usefulness of Congressional hearings are often inversely proportional to the breadth of their scope; the narrower and more focused they are, the more likely that they shed some light. So it did not bode well for Friday’s hearing ...
Obama Outraised Clinton By Two To One In March - US News and World ReportThe AP reports this morning that Sen. Barack Obama "raked in" $40 million last month leaving Sen. Hillary Clinton "and her $20 million in the fundraising dust and stuffing his campaign treasury so he can outspend her in the crucial Pennsylvania ...

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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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