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News about Mortgages:
Business Digest - Juneau EmpireJUNEAU -Sergei Morosan will manage Paradise Cafe for the winter, opening the restaurant at 10 a.m. "Please understand he will be making different items than I make. I know it will be a wonderful change," owner Joan Deering said in a release. Deering ...
Towns: Hard times trickle down - Union LeaderMANCHESTER – Local government leaders heard the sobering assessment yesterday that the state's recession-teetering economy could hurt their revenues well into 2009. Brian J. Gottlob, of the Dover-based PolEcon Research, said towns and cities may ...
Bargain Miami - Buffalo NewsMIAMI — It might be notorious for its late-night party scene, swanky beach hotels with steeply priced drinks and the beachgoers who wear barely-there $300 swimsuits, but vacationing Miami-style doesn’t have to cost a fortune. From $3 beers to ...
Biz Roundup - Business MonthlyThe Maryland Jockey Club (MJC) announced the departure of MJC President and COO Lou Raffetto effective Nov. 28. Chris Dragone, a former senior vice president and general manager at MJC, has been appointed as president and general manager. No reason ...
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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