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Judgment Lien ¬ |
A lien on the property of a debtor
resulting from the decree of a court.
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Jumbo Loan ¬ |
A loan that
exceeds the mortgage amount eligible for purchase
by Fannie Mae or Freddie Mac. Also called "nonconforming
loan." |
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Junior Mortgage
¬ |
A loan that
is subordinate to the primary loan or first-lien
mortgage loan, such as a second or third mortgage. |
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