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Mumbai attacks are tragic end to year for Tata - Business Times Malaysia
BANGALORE: At the beginning of the year it seemed Indian conglomerate Tata Group was on a dream run, first unveiling the world’s cheapest car and then buying the Jaguar and Land Rover brands from Ford Motor Co for US$2.3 billion. Tata Group was ...

Officials: Zimbabwe's Latest Export Is Cholera - FOX News
Nov. 25, 2008: Zimbabweans await treatment in a makeshift tent in the General Hospital's gardens in Musina, South Africa. MUSINA, South Africa — Three makeshift tents in the hospital gardens of this gritty frontier town contain the most recent and ...

Review: 'Call of Duty: World at War' Half a Step Backward - FOX News
Taking on the Imperial Japanese Army in 'Call of Duty: World at War.' Taking on the Imperial Japanese Army in 'Call of Duty: World at War.' When news broke that the new game in the "Call of Duty" franchise would be developed by Treyarch, gamers ...

A Mortgage Bailout: Is Anybody Else Mad? - BusinessWeek
As I copyedited BusinessWeek’s story about a possible mortgage bailout for people facing foreclosure, rationally it seemed a good idea to stem the bleeding. But emotionally, I realized, I’m mad. As a debt-averse homeowner with an excellent credit ...

Top 10 Other Benefits of Your AAA Membership - Edmunds.com
If you're like a lot of people, you're an American Automobile Association (AAA) member who rarely or never whips out the card. And you're grateful for this, since you figure AAA benefits are only of value in emergency situations. But we've got news ...

Paulson Pulls Bait and Switch, Let's Pull One of Our Own - OpEdNews.com
Wait a Wall Street minute! That’s exactly what the American taxpayers did NOT want to happen. The whole idea of approving something as distasteful as a bailout of Wall Street was that it had to ensure that it’s focus was to reduce foreclosures on ...

Bumpy Ride Ahead for Bankers - Inside Higher Ed
After years of operating in a favorable political environment, student loan companies woke up November 8 knowing that changes in Washington would probably mean trouble for their industry, which has enjoyed a close working relationship with ...

New Mortgage Crisis Looms, Number Of Defaults Expected To Double - Huffingtonpost.com
WASHINGTON — Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...

Big Three could spell big trouble - Evansville Courier-Press
DETROIT — Advocates for the nation's automakers are warning that the collapse of the Big Three — or even just General Motors — could set off a catastrophic chain reaction in the economy, eliminating up to 3 million jobs and depriving ...

From Empire to Democracy - Common Dreams
This current financial crisis is a major way-station on the way to the collapse of the American empire. The first important sign was 9/11, with the most heavily-armed nation in the world shown to be vulnerable to a handful of hijackers. And now ...

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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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