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East Lansing condos that don't sell may be up for rent - Lansing State JournalA sluggish housing market has the developers of two area urban condominium projects ready to rent out units that aren't selling. For the developers, renting the units at Albert Place Condominiums in East Lansing and the Stadium District building in ...
Miami activist moves people into foreclosed houses - Lansing State JournalMIAMI - Max Rameau delivers his sales pitch like a pro. "All tile floor!" he says during a recent showing. "And the living room, wow! It has great blinds." But in nearly every other respect, he is unlike any real estate agent you've ever met. He is ...
Holt family featured on 'Extreme Makeover: Home Edition,' gets new ... - MLive.comCourtesy Photo No peeking: Arlene Nickless stands outside her new home -- you'll have to watch "Extreme Makeover: Home Edition" to see the house -- with her sons, from left, Andrew, 8; Noah, 9; and Aaron, 12. HOLT -- Life has been overwhelming for ...
Michigan tries to slow foreclosures - Detroit NewsLANSING -- Scrambling to do something about Michigan's rampant home foreclosure problem before the holidays, Gov. Jennifer Granholm and lawmakers are working on a flurry of bills to ease the squeeze on cash-strapped homeowners. Various measures would ...
Efforts under way to bring help to foreclosure victims - Oakland PressLANSING — With home foreclosures at an all-time high, and experts saying Michigan is in the worst economic crisis since the Great Depression, some people are taking action to help others get through the tough times. For example, Genesee County ...
Michigan Senate waiting on governor's budget plan - Ann Arbor NewsLANSING, Mich. (AP) — The Michigan Legislature's top Republican said Thursday his chamber won't vote on other issues until Democratic Gov. Jennifer Granholm submits an executive order to start dealing with a brewing state budget problem. Senate ...
Bill proposes math course on finances - Detroit NewsLANSING -- Michigan soon could expand its options for meeting the math requirements needed for high school graduation. The state House on Tuesday unanimously approved a bill that would allow a financial literacy course to count as an option toward ...
Nov 30 - Dec 06 (155) - Andrewsullivan.theatlantic.comPlumer on the logistical problems of plug-in hybrids: ...plug-in hybrids and electric cars still look like the cleanest, surest way to end our dependence on oil, though lest anyone think that's entirely cost-free from a sustainability standpoint, the ...
Local housing sales take dip - Newton KansanThis story first appeared in the Nov. 22 edition of the Kansan. It’s hard to flip open a newspaper or visit an on-line news Web site without hearing something related to the housing market and mortgage issues — and most of the news doesn’t seem ...
Foreclosures continue to rise - NWITimes.comMonths after a $700 million federal bailout package was approved, local municipal officials say the foreclosure crisis doesn't seem to be getting any better. It's frustrating watching the news about the bailout for financial institutions, Calumet ...
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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