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Feds consider changes to mortgage program - Salem NewsWASHINGTON (AP) _ The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a ...
Clackamas Town Center & Pioneer Place in financial trouble - kgw.comPORTLAND -- The economic future does not look bright for several shopping malls in Oregon and Washington. General Growth Properties, the company that owns Pioneer Place, the Clackamas Town Center, the Salem Center and several other malls, is having ...
Surviving the housing crisis - Burlington UnionThere are more than seven million homeowners who are “underwater,” a term that describes the situation when your mortgage exceeds the value of your home. Nationwide, one out of five homeowners are underwater. In Nevada, where the prices have ...
Haverhill woman's tale of housing woe offers view into global ... - Eagle-TribuneMarie Martinez rode the real estate wave for a decade, buying property worth, on paper, more than $1 million. Then she hit the rocks and lost everything. Martinez's story mirrors those of millions of Americans caught up in the real estate frenzy that ...
State to hold bond sale for residents - Boston GlobeIntent on replicating the success of a September marketing pitch to individual investors, the state will hold an exclusive bond sale tomorrow and Tuesday for individuals before making its latest offering available to institutional customers Wednesday ...
WRAPUP 3-Kuwait revamps repo as Gulf steps up crisis action - FXStreet.comKUWAIT/DUBAI, Nov 19 (Reuters) - Kuwait's central bank revamped monetary policy tools on Wednesday by introducing new repurchase agreements as Gulf Arab oil producers stepped up efforts to boost bank liquidity and bolster investor confidence. In the ...
Kuwait introduces new repurchase deals - ArabianBusiness.comDINAR MOVE: Kuwait's central bank has introduced new repurchase agreements in bid to bolster confidence. (Getty Images) Kuwait's central bank has revamped monetary policy tools by introducing new repurchase agreements as Gulf Arab oil producers ...
Viewer Stories: Living Paycheck To Paycheck - WSB-TV AtlantaThe economy has caused my employer to cut me to a 3/4 worker, cutting my wages but still putting me above the line to qualify for underemployment. I've spent months searching for a new job without luck. I refuse to look beyond the tri-city area ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
2008 (2665) - Dakota Voice► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...
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