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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.

View all Terms
Bradford home equity loans news:
Financial News
Bradford & Bingley to cut new lending after unveiling £27m loss - Daily Telegraph
Bradford & Bingley will dramatically shrink new mortgage lending as it struggles to cope with rising bad debts and high funding costs. The stricken buy-to-let lender yesterday unveiled a pre-tax loss of £27m for the first half of the year and said ...

B&B sinks as bad debts worsen - International Herald Tribune
LONDON : Troubled lender Bradford & Bingley sank to a first-half loss, hit by 155 million pounds in writedowns and investment losses, and said bad debts had risen more than half since the end of 2007. Britain's biggest lender to landlords warned on ...

UK bank B&B sinks to H1 loss, bad debts worsen - Guardian Unlimited
LONDON, Aug 29 (Reuters) - Troubled UK lender Bradford & Bingley sank to a first-half loss on Friday, hit by 155 million pounds in writedowns and investment losses, and said bad debts had risen by more than half since the end of 2007. Britain's ...

Private equity and banks - Economist.com
IN MOST financial crises private equity is part of the problem. During a typical credit cycle it is among the first to use cheap financing to buy companies. Buy-out firms gradually become trigger-happy, overpaying and loading businesses with so much ...

Public Notice - Columbia Star
1102 Huger Street, TMS# 08912-10-09 through -19, rezone from M-2, -DD (Heavy Industrial, Design Development) and M-2, -DD, -DP (Heavy Industrial, Design Development, Design Preservation) to M-1, -DD Light Industrial, Design Development) and M-1, -DD ...

Online Opinion is your chance to tell Keloland what you think. - KELOLAND TV
The editorial pages of the Mitchell Daily Republic and that Sioux Falls paper voice their approval for Governor Rounds's proposal for differential teacher pay. Secondary math and science teachers hard to find? Pay 'em more, watch 'em beat a path to ...

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