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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
Jackson home equity loans news:
Financial News
Slump means identity crisis for Las Vegas - Burlington County Times
This is not just a place people are born and live. Las Vegas is an enterprise. It is a deal people enter, a set of givens agreed upon: More is better. Biggest is best. To live in Las Vegas is to stake your future on this enterprise _ for better or ...

It's matter of time for resort developer - Orlando Sentinel
Robert Gidel, 57, chief executive officer of Celebration-based Ginn Development Co., a resort developer that is struggling with the real-estate slump and frozen credit markets. Gidel spoke recently with Sentinel staff writer Jerry W. Jackson ...

'Sin City' feeling downturn - Mercury
No comments posted. Lavana Jackson, 52, a souvenir shop manager, waits for the traffic signal while walking to a bus stop to catch a bus home in Las Vegas. **ADVANCE FOR WEEKEND, JAN. 2-4** Elvis impersonator Jesse Grice walks down the Fremont Street ...

UK Approves Police Hacking Home Computers - Wired
The UK's Home Office is supporting a proposal that would allow British police or MI5 agents to hack home, office and other private computers without a warrant to intercept e-mail traffic and monitor a user's other computer activities. The proposal ...

Local stocks drop 31.1% in 2008 - Buffalo News
There was no escaping the stock market’s collapse for the Buffalo Niagara region’s publicly traded companies. In fact, Wall Street’s meltdown hit the local stocks especially hard during the fourth quarter, after the local shares had held up ...

Las Vegas faces an identity crisis amid recession - Daily Herald
This is not just a place people are born and live. Las Vegas is an enterprise. It is a deal people enter, a set of givens agreed upon: More is better. Biggest is best. To live in Vegas is to stake your future on this enterprise -- for better or worse ...

Economic slump creates identity crisis for desert playground used to ... - Minneapolis Star Tribune
With the rate of foreclosures and suicides in Nevada leading the entire nation, maybe these wealthy tycoons could look into their souls … read more and ask...'now that we've taken so much money from their pockets over the years, how can we give ...

Priceline.com’s Ski Sale Offers Champagne Powder On A Beer Budget - Earthtimes
NORWALK, Conn. - (Business Wire) Don’t let the economy stop you from scratching that itch for double black diamonds (or maybe the bunny slope). Priceline.com (Nasdaq: PCLN) has some incredible deals on airfares, hotels rental cars and vacation ...

REPORT: Time to Quarantine the Foreclosure Epidemic - Common Dreams
WASHINGTON - January 8 -  In 1902, faced with an outbreak of smallpox, the City of Cambridge, Massachusetts, adopted a mandatory vaccination law. Challenged by a Mr. Henning Jacobson as an unconstitutional infringement upon his liberties, this ...

Realty company tied to medical mart project is asking for federal ... - Cleveland Plain Dealer Blog
Cuyahoga County has pinned its hopes for the medical mart on a private-sector partner whose owners are warning the government that they could need a federally funded bailout to survive. Officials at a New York-based mega-landlord called Vornado ...

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