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News about Mortgages:
UPS Net Falls; Sees `Significant Slowing' in Economy (Update4) - BloombergOct. 23 (Bloomberg) -- United Parcel Service Inc., the world's largest package-delivery company, said third-quarter profit fell 9.9 percent and that ``significant slowing'' in the economy will keep 2008 earnings at the low end of its forecast. Net ...
Deutsche Post's DHL Cedes U.S. Market to UPS, FedEx (Update2) - BloombergNov. 10 (Bloomberg) -- Deutsche Post AG 's DHL Express overnight-delivery unit will abandon efforts to compete with United Parcel Service Inc. and FedEx Corp. in the U.S., firing 14,900 workers and closing three-fourths of its outlets. Deutsche Post ...
North Bulletin Board - Pittsburgh Post-GazetteWest View -- Cheerleaders from North Hills and North Allegheny high schools will hold "Unite on Game Nite" coat drive during the North Allegheny/North Hills football game at 7:30 p.m. tomorrow at North Hills' Martorelli Stadium, Rochester Road ...
Foreclosure looms for Big Ridge construction loans - Smoky Mountain NewsThirteen property owners accused of falsifying their incomes to obtain home construction loans in the controversial Big Ridge development outside Cashiers lost an appeal in Jackson County Superior Court on Friday. Each of the property owners lied ...
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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