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News about Mortgages:
Headline: 'Are You an Idiot to Keep Paying Your Mortgage?' - News BustersIn today's "You've Got to be Kidding Me" moment, the San Francisco Chronicle advocated that folks who owe more on their mortgages than their homes are worth should stop making payments so they can qualify for a government bailout. I'm not kidding. If ...
Somali pirates hijack Thai fishing boat, 16 crew - Buffalo NewsA maritime official says pirates have hijacked a Thai fishing boat with 16 crew members off the coast of Somalia - the eighth ship seized in the area in the past two weeks. Noel Choong of the International Maritime Bureau says it was seized in the ...
Indian navy sinks suspected pirate 'mother ship' - Buffalo NewsAn Indian naval vessel sank a suspected pirate "mother ship" in the Gulf of Aden and chased two attack boats into the night, officials said Wednesday, as separate bands of brigands seized Thai and Iranian ships in the lawless seas. The owners of a ...
Never Confuse Plain Talk With Lack of Clear Thought - Wall Street JournalStrip away the fluffy historical and theoretical camouflage in Mark Lilla's " The Perils of 'Populist Chic' " (Weekend Journal, Nov. 8) and you find a Democratic creed that is simple, arrogant and all too familiar: "We smart few know what's best for ...
Video: Dodge EV Smokes a Hemi, Sort Of - WiredChrysler is bringing its three electric-car prototypes to the Los Angeles Auto Show, and in a desperate bid to get some publicity before the shindig it staged an impromptu "drag race" between the Dodge EV and a Challenger SRT8 hemi. The smallest of ...
WaPo Shocker: Palin Helped McCain Avoid Far Worse Loss - News BustersAs media outlets across the fruited plain float the notion that Sarah Palin hurt John McCain's chances of winning the White House, the Washington Post's Chris Cillizza will break with the herd on Sunday to dispel this nonsense. Love her or loathe her ...
How to end piracy - Hotair.comAn Indian naval vessel sank a suspected pirate “mother ship” in the Gulf of Aden and chased two attack boats into the night, officials said Wednesday, yet more violence in the lawless seas where brigands are becoming bolder and more violent ...
Housing slump deepens as prices drop most in 26 years - Globe and MailSilver Standard (America is a welfare queen superpower) from Canada writes: Well guys in a few years I will finally be able to afford a house. I remember earlier this year I was insulted on this forum for saying such a thing. Prices are going to fall ...
State universities and colleges wade into uncertain economic times - Wisconsin State JournalIt's no secret that many with ties to higher education in Wisconsin were giddy upon learning Nov. 4 that Democrats had secured control of the state Assembly, putting the party in charge of both houses of the state Legislature and the governor's ...
NoDak Central - Bismarck TribuneSo today is the 33rd Great American Smoke Out, which the supporters of Measure 3 took advantage of to illustrate what they plan on doing once their program becomes law on Dec. 4. While the details are a little sketchy right now, North Dakotans are ...
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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