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RLPC-UPDATE 1-Ineos asks for waiver on 7.62 bln euro senior loan - ForbesLONDON, Nov 17 (Reuters) - Ineos Group, the world's third-largest chemical group, said on Monday it had asked its banks for covenant waivers on billions of euros of senior loans until the end of May 2009. Ineos reported earnings before interest, tax ...
Germany says ready to help troubled carmaker Opel - Guardian UnlimitedBERLIN/FRANKFURT, Nov 17 (Reuters) - Germany said on Monday it was ready to help General Motors' struggling German unit Opel, though it would make sure any aid did not seep over to the U.S. parent or trigger a flood of demands for support. Chancellor ...
Mortgage terms difficult to understand in any language - Winchester StarWinchester — Benjamin Ramos came to the United States 22 years ago from Guadalajara, Mexico, because he wanted to buy a motorcycle. It was a dream the 17-year-old had, and in this country, he could make it come true. Here, he could find more ...
UPDATE 2-Cattles says banking licence application on track - Reuters* Application for banking licence on track * Trading for the year to date in line with own expectations * 100 million pound debt-raising shelved due to tough markets * Bad debts up in three months to Sept 30 (Adds CEO comment, analyst reaction, share ...
Russia govt meets retailers, developers over crisis - Guardian UnlimitedMOSCOW, Oct 15 (Reuters) - Russian retailers and property developers hope to secure government support within the next two weeks, industry sources said on Wednesday, as officials met top players from the crisis-hit industries. Russia's real estate ...
Cattles says banking licence application on track - Guardian Unlimited* Application for banking licence on track * Trading for the year to date in line with own expectations * 100 million pound debt-raising shelved due to tough markets * Bad debts up in three months to Sept 30 (Adds CEO comment, analyst reaction, share ...
National housing crisis exacting heavy toll in Riverside County - Riverside Press EnterpriseRiverside County remains at the forefront of the national housing crisis with thousands of homeowners in the unenviable position of owing more to the bank than their homes are now worth. Four of the top 20 ZIP codes in the nation with the highest ...
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