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Livingston County man fights for right to drink on his stoop - Democrat and Chronicle
The chug heard around the world began quietly enough. Livingston County native Kimber VanRy was sitting on his Brooklyn stoop one evening in late August enjoying a bottle of beer. It was, he allows, a Sierra Nevada, not a Genny Lite, his drink of ...

Serving the communities of: - Livingston Parish News
Guess who said this: "Fannie Mae and Freddie Mac are now super S&Ls, holding billions of dollars of mortgage assets in their portfolios. Over the past decade, they've enjoyed extraordinary growth, but at the same time have enhanced the risk in their ...

Enterprise photo by Angela Schneider - Livingston Enterprise
Candidates forum Enterprise photo by Angela Schneider Park County District 3 Commission candidate Randall Taylor answers an audience member’s question, as others running for office listen at an open forum at the Livingston Christian Center ...

Real estate transactions - Shawnee News-Star
CIT Group/Consumer Finance Inc., to Richard and Janet McMillan, legal description: lot 13, blk. 5, Beards. $33,000. Joshua Tyler Berglan to Gary and Patricia Berry, legal description: lot 2, blk. 4, Windmill Ridge. $195,000. Odis C. Roy Trust and ...

Chief in salary cap warning - SkySports
Speaking at the Leaders in Football conference at Stamford Bridge, Triesman revealed English clubs face an uncertain financial future as they currently owe an estimated £3billion. Triesman fears the current economic climate could cause major damage ...

Obama to Attack McCain on Role in "Keating 5" Scandal, Despite ... - ABC News Blogs
On Monday the Obama campaign will start hitting Sen. John McCain, R-Ariz., on his role in the late 80s/early 90s Keating 5 scandal, despite previous indications by Sen. Barack Obama, D-Ill, made months ago, that the scandal was not "germane" to the ...

'Significant' charge at Glen Burnie Bancorp - Baltimore Sun
Glen Burnie Bancorp , parent company of the Bank of Glen Burnie , reported yesterday that it would record a "significant" charge against earnings during the third quarter because of losses from investments in Fannie Mae and Freddie Mac , according to ...

Mortgage rates fall across the board - San Diego Union-Tribune
Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac reported that 30-year, fixed-rate mortgages dipped to 6.35 percent this week from 6.40 percent last week. It marked the third ...

Climbing home sales help to unclog backlog - Detroit News
A rise in home and condo sales during August and a decline in new foreclosures are combining to trim the backlog of unsold properties in Michigan, moving the region one step closer to stabilizing falling home values. Metro Detroit home sales in ...

Bank of Nashville parent to cut 650 jobs - Nashville Post
After four straight quarters of declining profits, Synovus Corp., the parent company of the Bank of Nashville, announced today that it plans to cut 650 jobs, or 9 percent of its total workforce. The company expects to eliminate around half of the ...

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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.
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