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News about Mortgages:
Housing slump felt in Richmond - Richmond Times-DispatchHomes in the Richmond area continue to sell as the housing slump lingers nationwide. But the market here has slowed as well and prices are falling, although not as sharply as in other areas. "We say we're insulated -- and we are a bit -- but don't ...
Housing slump felt in Richmond: Still, speaker says area remains ... - TradingMarkets.com"We say we're insulated -- and we are a bit -- but don't let me lull you into thinking we have not been affected," said Bill White, president of Joyner Fine Properties. "Our insulation has been broken." White spoke at a presentation Thursday evening ...
Michael Vick facing bankruptcy - Kansas City StarFormer quarterback Michael Vick will be in state court next week in Virginia to enter a guilty plea on dogfighting charges. A review of the bankruptcy papers filed by former Falcons quarterback Michael Vick showed he was once one of the NFL’s ...
Witness: Vick put family pets in with pit bulls - Buffalo NewsMichael Vick put family pets in rings with pit bulls and thought it was funny watching the trained killers injure or kill the helpless dogs, a witness told federal investigators during the dogfighting investigation that brought Vick down. In a 17 ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
Company: Impac Mortgage Holdings Inc - CNBCBond insurer Assured Guaranty today announced it will pay almost $750 million to buy financial security assurance holdings from Belgian-Fren... John Alfred Paulson Testimony John Alfred Paulson, Paulson & Co., Inc. president testifies about the risks ...
China inflow bet takes HSI higher - Hong Kong StandardThe Kai Tak city center plan is up and running, with the amended outzoning plan getting the go-ahead from the Town Planning Board. Hopewell Holdings (0054), controlled by tycoon Gordon Wu Ying-sheung, said it has signed a HK$7 billion seven- year ...
Title firms' merger creates titan - Pittsburgh Tribune ReviewTwo of the nation's largest title insurance and settlement companies agreed to a merger on Friday, a combination that puts five Western Pennsylvania locations with hundreds of workers under one name. The merger comes amid continued consolidation in ...
Will Greed lead to Meltdown of the Health System? - OpEdNews.comWashington- Reeling from the meltdown of the nation's mortgage and financial systems, Americans now realize that Wall Street greed may next destroy the healthcare system. Doctors and nurses are alarmed. Medicine is being plundered by giants like ...
Demand for food assistance up 325% - Inrich.comThe Central Virginia Foodbank is taking in more food than ever, but it can't keep up with demand. Foodbank President Fay Lohr wasn't sure why, until she asked for figures from the 500 agencies that get food from the food bank. The number of aid ...
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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