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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

Pierce home equity loans news:

Inside the real estate foreclosure market - Tacoma News Tribune
Pierce County’s foreclosure rate is the highest in Washington. So far this year, more than 5,000 homeowners in the county have received letters notifying them that, because they’ve fallen behind in their mortgage payments, their house will be ...

Help for Freddie, Fannie loans on the way - Seattle Post Intelligencer
Call it the mother of all mortgage modifications. Federal officials announced a plan Friday to rework threatened home loans owned or guaranteed by mortgage giants Fannie Mae and Freddie Mac. "Foreclosures hurt families, their neighbors, whole ...

Columbia Banking System Announces Third Quarter 2008 Results - MSN MoneyCentral
TACOMA, Wash. , Oct. 23 /PRNewswire-FirstCall/ -- Columbia Banking System, Inc. COLB ("Columbia") today announced a net loss for the third quarter 2008 of $8.8 million , compared with net income of $9.3 million for the third quarter of 2007. Diluted ...

Horizon Financial Reports Fiscal Second Quarter of 2009 Results ... - MSN MoneyCentral
BELLINGHAM, Wash., Oct. 23, 2008 (GLOBE NEWSWIRE) -- Horizon Financial Corp. (Nasdaq:HRZB) today reported it remains well capitalized and set aside additional provisions for potential future loan losses in its fiscal second quarter ended September 30 ...

Timberland Bancorp Earns $1.35 Million in Fiscal Fourth Quarter 2008 - Market Wire
HOQUIAM, WA--(Marketwire - November 4, 2008) - Timberland Bancorp, Inc. ( NASDAQ : TSBK ) ("Timberland"), the holding company for Timberland Bank ("Bank"), today reported fiscal fourth quarter profits of $1.35 million, or $0.21 per diluted share ...

Local retailers prepare for a tough holiday sales season - Seattle Times
Jill Anderson, owner of the Horseshoe women's clothing boutique recently moved her store to Fremont location to the trendy Ballard Ave. area with more space but higher costs. Jill Andersen admires the view outside her picture window in Ballard's ...

Register for FREE - Wall Street Journal
If you have a 401(k) or equivalent retirement plan, you've probably been watching nervously the past few weeks as your nest egg has shrunken owing to the current turmoil in the markets. Well, it could be worse. But don't take heart, for what we mean ...

New loan limit to be $506,000 - Seattle Post Intelligencer Blogs
UPDATE: Fannie Mae is imposing extra restrictions loans between $417,000 (which remains the limit in most areas) and the higher cap, according to Erik Hand, president of John L. Scott Real Estate's Response Mortgage Services. The restrictions include ...

Towns: Hard times trickle down - Union Leader
MANCHESTER – Local government leaders heard the sobering assessment yesterday that the state's recession-teetering economy could hurt their revenues well into 2009. Brian J. Gottlob, of the Dover-based PolEcon Research, said towns and cities may ...