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Mortage Terms


  > Laissez-faire
French phrase meaning "leave alone." In economics and politics, a doctrine that the economic system functions best when there is no interference by government.
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  > NLRA
Also referred to as Wagner Act, this was the first substantial effort by the federal government to reshape the balance of power between labor and management in the U.S.
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  > Economic strike
Economic strikes are not a ground for terminating participating employees and they result when employees strike after a stalemate in negotiations over a contract with management.
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Did You Know?    
 
 
The life of a key employee can be insured.
The loss of the key person such as a manager or other high profile position could diminish productivity and efficiency, resulting in a loss of capital. As such, insurance can be taken out on a key employee so that the company will be compensated for the loss of capital caused the death of a highly productive or integral member of the company.

 
 
New Jersey Audio & Video    
 
  Consumers See Greater Home Financing Options
AUDIO, RM, 44Kbps, 4:13, 11/16/2004

It used to be that the biggest mortgage decision facing homebuyers was pay it off in 15 or 30 years. Now, people in the home-buying market have more options than ever. Jean Chatzky, editor-at-large at Money magazine, talks about the increasingly popular "interest-only" loans. Hear Chatzky and NPR's Renee Montagne
Source: NPR
 
 
New Jersey External Sites    
 
 

NJ Department of Community Affairs
Bait and switch tactics where a mortgage broker or lender knowingly offers one set of terms ... HUD Certified Fair Housing Counseling Agencies in New
9-23-98, Statement of E. Robert Levy
I am representing the Mortgage Bankers Association of New Jersey and the New ... Mortgage bankers and mortgage brokers who are involved in over 50% o

 
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