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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

Adams home equity loans news:

Ford asks Congress for $9B line of credit - Las Vegas Sun
Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. Unless one of Detroit's other Big Three auto companies goes bust, Ford expects to have enough money to make ...

Automakers to submit plans to Congress - Las Vegas Sun
Detroit's automakers, making a second bid for $25 billion in funding, are presenting Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive. General Motors Corp ...

Some strapped metro Atlanta homeowners get break - Atlanta Journal Constitution
Each month, hundreds of properties in Georgia get foreclosure notices filed on them. Many efforts to foreclose will be staved off at the last minute through a property sale, bankruptcy filing or an agreement with the bank to rework the loan. Here's a ...

Dealing with underwater mortgages - Denver Post
Nov 30: Market puzzle: Your future vs. your kids' Nov 27: Black Friday's power fading Analyst: Retail season is over Nov 26: Home prices in record plunge Nov 25: State's oil and gas firms cut back Nov 20: Deductibles take bigger bite High-end home ...

Bailout unknowns abound - Denver Post
Nov 30: Guzzler sales making U-turn Nov 26: Obama reassures nervous nation on ailing economy Weak economy tops deficit as No. 1 priority Feds vow billions more to aid credit Specifics gathered for pitch on autos Revision shows bigger third-quarter ...

A well-shaped package would be worth the wait - Globe and Mail
Endless tax cuts? That worked out just swell for the U.S.A. didn't it? Oh wait... Regular Canadians need jobs (and also the ability to get bank loans), not more tax cuts that bankrupt future generations (fiscal deficits are essentially borrowing ...

New businesses - Providence Journal
BANAI ENTERPRISES LLC: A: Tawab Banai, 287 Armistice Blvd., Pawtucket 02861. Subway restaurant. October 24 Sayer, Regan, Thayer & Flanagan, LLP: P: Richard N. Sayer, 617 Paradise Ave., Middletown 02842. Law practice. Mastech, Inc.: P: Steven J ...

Lost auto jobs pegged at 15,000 - Globe and Mail
david tarbuck from Ukraine writes: It is not clear how much of the $25 billion Canada will end up footing?? Nor clear to Whom? The answer to that one ought to be NO! Thank you but Canada will decide independently on how/what/when and most important ...

Pay cuts won't fix sick auto industry, CAW says - Globe and Mail
You beat me to it... If the Unions won't do their part... There is NO WAY that Canadian taxpayers should be expected to... Any plans for a bail out SHOULD definitely be cancelled... Let the 'Big 3' fail ... Plain Joe from Canada writes: ' Ryan Lemay ...

Auto-parts industry seeks $1-billion in loans - Globe and Mail
Andre Carrel from Salmo, Canada writes: Free The West Free The West from Free the West, Canada writes: 'And 'TRUE NORTH' it was the US banks that were bailed out, the Canadian version is completely different. Let me guess, you're a Leftie.' If not a ...