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Anthony Colborne loses bid to keep £1.2m home where he lives with daughters - Daily Mail
Daily MailAnthony Colborne loses bid to keep £1.2m home where he lives with daughtersDaily MailAnthony Colborne, 53, was ordered to give his wife, Lynda, 60, their six-bedroom house in Wargrave, Berkshire, and his pension pot, despite the fact their three teenagers live with him. The entrepreneur accused the mother of his children of making 'no ...and more »

People on the Move: Nov. 21, 2014 - GSA Business
People on the Move: Nov. 21, 2014GSA BusinessBerkshire Hathaway HomeServices C. Dan Joyner Realtors added LeNelle Tanner, Reba Floore and Mandy Mashburn as sales associates at its North Pleasantburg office. Tanner has 11 years of experience and is a former industrial engineer. Floore has 40 years ...

Morning Agenda: Inside the ECB's Cyprus Mess - New York Times
Morning Agenda: Inside the ECB's Cyprus MessNew York TimesDeal Tips From Buffett and Berkshire Hathaway's Other Managers | Much like their leader, Warren E. Buffett, the chief executives of Berkshire Hathaway's subsidiaries are a savvy group of acquirers, Lawrence A. Cunningham writes in an Another View ...and more »

Berkshire Mortgage Venture Bets on Florida's Rebound - Bloomberg
Berkshire Mortgage Venture Bets on Florida's ReboundBloombergBerkshire and New York-based Leucadia created Berkadia from the mortgage-lending business they bought in 2009 from bankrupt Capmark Financial Group Inc. (CPMK) and it's now the third-largest U.S. commercial and multifamily mortgage servicer, ...and more »

Deals of the Day: Goldman Hits Motherlode, Record-Setting IPO - Wall Street Journal (blog)
Deals of the Day: Goldman Hits Motherlode, Record-Setting IPOWall Street Journal (blog)Deal tips from Berkshire. The wave of mergers raises the question of whether deal makers are in the midst of a familiar pattern of managerial hubris, overpayment and bandwagon irrationality. Managers would do well to heed lessons from the dozens of ...and more »

Berkshire Bank Renames Its Mortgage Lending Division -
The IndependentBerkshire Bank Renames Its Mortgage Lending DivisioniBerkshires.comAlong with its new home lending call center and loan servicing operations, Berkshire Bank Home Lending includes more than 90 mortgage loan originators located in offices throughout New England and New York. These offices and teams enable Berkshire ...Homeowners say getting a mortgage is becoming harderThe Independentall 78 news articles »

Investment Losses Overshadow Berkshire's Third-Quarter Results -
seattlepi.comInvestment Losses Overshadow Berkshire's Third-Quarter ResultsMorningstar.comExcluding the impact of investments, derivatives, and eliminations, which included an impairment charge for Berkshire's investment in Tesco, revenue increased 15% when compared with the third quarter of 2013. .... These results helped to offset weaker ...10 Investors Beating Warren Buffett in the MarketGo Banking Ratesall 219 news articles »

Ranieri Real Estate Partners and WL Ross Acquire Deutsche Bank Berkshire ... - National Mortgage Professional Magazine
Ranieri Real Estate Partners and WL Ross Acquire Deutsche Bank Berkshire ...National Mortgage Professional MagazineRanieri Real Estate Partners LP (RREP), a real estate financial services company, and private equity funds affiliated with WL Ross & Company LLC, has announced the completion of the acquisition of Deutsche Bank Berkshire Mortgage (DBBM), formerly a ...and more »

Berkshire Group Announces Formation of Board of Directors and Promotion of ... - Business Wire (press release)
Berkshire Group Announces Formation of Board of Directors and Promotion of ...Business Wire (press release)Notable successes of Berkshire under his tenure include: taking three companies public, raising over $5.6 billion of capital and originating approximately $22.3 billion of mortgage loans; the founding of Berkshire Mortgage Finance, L.P., one of the ...

Berkshire Bank tries to put excitement into banking - Boston Globe
Boston GlobeBerkshire Bank tries to put excitement into bankingBoston GlobeBut Daly points out that Berkshire Bank remains boring where it counts. The bank didn't dabble in subprime mortgages and other risky investments in the run-up to the financial crisis, and it foreclosed on fewer homes than its competitors after the crash.

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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
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