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Kristi O'Harran - Everett Herald
Above, pictures of grandchildren adorn the wall behind Terry Berger in the Marysville home where she has lived for 10 years. Mark Mulligan / The Herald (click to enlarge) Terry Berger stands in front of the Marysville home where she has lived for 10 ...

This week's Real Estate stories - Marketwatch
The mortgage industry set a record for the number of mortgage workouts done in October, according to Hope Now, an alliance of mortgage servicers, counselors and investors working to help homeowners avoid foreclosure. The group reported that 225,000 ...

Show your support. - Huffingtonpost.com
In the last two weeks, there has been a flurry of stories, both in the traditional press and in the blogosphere, that has tried to portray criticism of Barack Obama's recent stands as the sole province of disenchanted members of "the left" -- also ...

November 2008 - Weblogs.baltimoresun.com
Reader Dave sends this nice letter to Obama's change.gov Web site, a propos of Saturday's column on layoffs. Dear President-elect Obama, Normally, I do not comment or send letters to elected officials, but since we are all looking for positive change ...

Congress Blames Treasury as Foreclosures Mount - Common Dreams
BOSTON - A congressional banking leader Tuesday blew hot air and blame at the U.S. treasury secretary about the ongoing home foreclosure crisis, but neither made a commitment to help stressed homeowners. Congress is officially out of session, except ...

Troubles mount at Albany cemetery - Corvallis Gazette-Times
Twin Oaks Memorial Gardens and Mausoleum has taken a long time, up to two years in one case, to get grave markers in place, but its problems go far deeper than that. The facility has been foreclosed on by a Portland lender. In addition, the present ...

Saving the ranch: As foreclosures mount, help may be on the way - if ... - Eagle-Tribune
You're not alone. That's the message from federal, state and local government agencies, as well as some area nonprofits, to homeowners facing the loss of their homes due to bank foreclosure. Furthermore, say state and federal regulators, a host of ...

Financial crisis: This bail-out helps but it's no turning point - Daily Telegraph
Financial crisis: This bail-out helps but it's no turning point ; http://link.brightcove.com/services/link/bcpid1529573275/bctid1842865995 http://www.brightcove.com/channel.jsp?channel=1139053637 All the big UK banks plus Nationwide, our leading ...

Oil Supertanker Owners in Ransom Talks With Somali Pirates - FOX News
The Sirius Star tanker conducts a trial run in South Korea in this undated file photo. The Saudi foreign minister says the owners of a hijacked oil tanker are negotiating with the pirates that are holding it. Prince Saud Al-Faisal spoke Wednesday ...

Schools, businesses feel effects of neighborhood's misery - San Diego Union-Tribune
CHULA 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 ...

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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.

    View all Terms
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