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News about Mortgages:
The personal cost of a global meltdown - International Herald TribuneMore than a million homes have been lost to foreclosure in the last two years in the United States. And according to data from Mortgage Bankers Association, banks are now in the process of foreclosing on 1.5 million more. The impact of the mortgage ...
She wants Super Bowl ad — to get a guy - MSNBCAmy Borkowsky needs to find a good man, and she wants your help. She’s not asking for much, at least not by the standards of the mortgage industry. Just enough money to buy a personal ad — during the Super Bowl. OK, it’s a bit pricey: $3 ...
Bonds Require Sleuthing - Wall Street JournalBefore you buy that next bond, think twice about relying on its credit rating alone. By now it is clear that the big credit-rating agencies -- Standard & Poor's, Moody's and Fitch Ratings -- granted overly positive ratings to risky mortgage ...
Volume of evictions strains courts, law enforcement - Bakersfield CalifornianSo many Bakersfield renters and homeowners are falling behind on their rent or mortgage payments that evictions are putting stress on the legal system. There were 514 unlawful detainer filings in Bakersfield in the first quarter of the year ...
CHANGING THE CORPORATE CULTURE - Der SpiegelWomen rarely make it into senior management in German corporations, but Microsoft Germany is now setting an example of how to systematically achieve equality for women. Shrinking populations in Europe are forcing companies to get serious about ...
Uneasy sits the crown: can King rally the Bank of old England? - The IndependentAs the Treasury Select Committee grilled senior Bank of England officials, bets were being taken on who would survive the Northern Rock landslide. Simon Evans reports In ancient Rome, enemies of the state were routinely thrown to the lions. Nowadays ...
Don't knock the Rock! - Estate Agency NewsTHERE is no doubt about this month’s excitement — Northern Rock has been dicing with death. Except it wasn’t. Northern Rock may be different from some of the other mortgage banks but it still has a lot to commend it – not least the Northern ...
Gas prices: Where does it end? - Fayetteville ObserverA Web site that monitors gas prices asked motorists in January how high would pump prices have to go before they abandoned their wheels. About one-fourth of the 20,000 respondents to Gasbuddy.com answered $4 a gallon. Will these cost-conscious ...
Responsible investing – The real purpose of investment - Ethical Corporation OnlineThe current financial crisis provides a unique opportunity for responsible investment. This sounds hard to believe for the investors in niche funds focusing on environmental, social and governance issues who have suffered heavy losses in recent ...
Lew Fidler - New York Observer"You're trying to have it both ways," said Citizens Union executive director Dick Dadey to Councilman Councilman David Yassky. read more » The second set of testimony on term limits today included Comptroller Bill Thompson, who yesterday said he ...
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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