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U.K. takes over Royal Bank of Scotland - International Herald Tribune
LONDON : The British government took control of Royal Bank of Scotland on Friday after investors shunned the lender's share sale, paving the way for a larger government role in Britain's banking sector. Investors only signed up for 0.24 percent of ...

RusAl nominates candidates for NorNickel board - RIA Novosti
MOSCOW, November 27 (RIA Novosti) - UC RusAl has nominated former Kremlin administration chief Alexander Voloshin and Russian Technology Corporation chief Sergei Chemezov as independent directors for the Norilsk Nickel board, RusAl said on Thursday ...

Forex Newsletters - FXStreet.com
MOSCOW, Nov 25 (Reuters) - Russian state lender VEB has turned down applications from two leading retailers, X5 Retail Group and Seventh Continent, for help in refinancing foreign debt, the Vedomosti business newspaper said on Tuesday. Under a ...

Ex-Kremlin official could get Norilsk Nickel top job - paper - RIA Novosti
MOSCOW, November 26 (RIA Novosti) - Norilsk Nickel could appoint a former Kremlin official as chairman of the metals giant's board of directors, a Russian business paper reported on Wednesday. The post could go to Alexander Voloshin, who previously ...

Flames forward Rene Bourque scores 2 in 6-2 win - FOX News
CALGARY, Alberta — Rene Bourque scored twice and linemate Curtis Glencross added a goal and two assists for the Calgary Flames, who beat the Los Angeles Kings 6-2 on Tuesday night. Craig Conroy, the third member of that trio, chipped in three ...

Washington ends 3-game losing skid, tops Atlanta - FOX News
WASHINGTON — Alex Ovechkin had his sixth career hat trick and added an assist to help the Washington Capitals end a three-game losing streak with a 5-3 victory over the Atlanta Thrashers on Wednesday night. Eric Fehr and Viktor Kozlov added goals ...

Aid for local farmers stalled in Congress - Natchez Democrat
VIDALIA — Local farmers will have to wait until January to know if they will receive federal aid to ease economic pressures put on them when Hurricane Gustav destroyed their crops earlier this year. When she visited the parish in October, U.S. Sen ...

A Russian twist in prospects for Jamaica's bauxite/alumina sector - Jamaica Gleaner
Dr Cartlon Davis, one of the most respected authorities on the bauxite alumina industry, pointed out in May that the ownership structure has moved from a very stable group of four of the six 'majors' in the field - Alcoa, Alcan, Reynolds, and Kaiser ...

With markets in turmoil, how to buy gold bars - Globe and Mail
As the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. With the market in turmoil, I may buy some gold ...

User login - WDEF
Username: * U.S. Senator Lamar Alexander hopes to raise awareness about a program that could help thousands of Tennesseans.  He says roughly 67,000 Tennessee homeowners with overdue mortgages could use "Hope for Homeowners" to refinance their loans ...

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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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