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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
Bollinger home equity loans news:
Financial News
Holiday Rally - Safe Haven
This week, we have an abbreviated weekly which shares our coverage of the markets over the last week and our outlook. We may publish an interim subject mid-week before next weekend's regular letter. While the existing home sales missed expectations ...

November 2008 - Weekly Standard
The terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...

The Emperors New Clothes - Safe Haven
We are deferring our expanded analysis on the metals supply chain in favor of the effect of Sovereign Wealth Funds, a perspective of the housing market, and a look under the hood of the Fed Funds rate. We will also cover our regular review of ...

Market Impact: Metals Supply Chain - Safe Haven
This week, we explore several topics of interest, including our regular review of marketplace events, The Japanese Yen carry trade, Supply and Demand, Metals Supply Chain, Inventories and their effect on Trade, our Market Outlook, and our Model ...

Hedge funds and VW: what a pile up! - bbc
If ever there were a country and a people that signalled their distaste for hedge funds, private equity and the self-defined alternative investment industry, that country and people were Germany and the Germans. It was this famous quote of April 2005 ...

The Perpetuation of Privilege - Inside Higher Ed
On April 11, the president of Columbia University announced that it had received a $400 million pledge from alumnus John W. Kluge, who in 2006 was 52nd on the Forbes list of the wealthiest people, earning his fortune through the buying and selling of ...

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