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JPMorgan, Facing Federal Probe, Exits Muni Interest-Rate Swaps - Bloomberg
Sept. 4 (Bloomberg) -- JPMorgan Chase & Co. will stop selling interest-rate swaps to government borrowers in the $2.6 trillion U.S. municipal bond market, which has been roiled by an antitrust probe and the near bankruptcy of Alabama's most- populous ...

JPMorgan, Facing Federal Probe, Exits Municipal Swaps (Update3) - Bloomberg
Sept. 4 (Bloomberg) -- JPMorgan Chase & Co. will stop selling interest-rate swaps to government borrowers in the $2.6 trillion U.S. municipal bond market roiled by an antitrust probe and the near bankruptcy of Alabama's most-populous county. At least ...

Thompson defends Palin - Knoxville News Sentinel
Former Sen. Fred Thompson of Tennessee speaks at the Republican National Convention on Tuesday night in St. Paul, Minn. He spoke in defense of Sen. John McCain's vice presidential pick, Sarah Palin, who has revealed that her unmarried 17-year-old ...

Latest News - dBusinessNews.com
Green Hasson & Janks LLP Recognized as a Best Place to Work LOS ANGELES - The Los Angeles Business Journal has named ... Pegasys TMPGEnc 4.0 XPress Video Encoder to Use NVIDIA CUDA Technology Pegasys TMPGEnc 4.0 XPress Video Encoder to Use ... San ...

Housing stories and features - Orlando Sentinel
Hundreds of houses in Greater Orlando are bought each week for just $100 apiece -- even in upscale subdivisions such as Baldwin Park. As lawsuits continued to pile up against The Paramount on Lake Eola condominium in downtown Orlando, the judge ...

Wanted: food stamp applicants - Raleigh News & Observer
908,025 - Number of North Carolinians receiving food stamp benefits in September 452,627 - Number of North Carolinians the government estimates qualify for food stamps and don't get them SMITHFIELD - At 79, Earl Rudd is worn out and nearly broke ...

John McCain on the mortgage crisis: "Any assistance must be temporary" - Salon
"It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers." Editor's note: John McCain addressed the mortgage crisis at the Orange Country Hispanic Small Business Roundtable on ...

As foreclosures soar, dreams die - Orlando Sentinel
The one-time cattle county on Disney World's doorstep has recorded one foreclosure for every 184 residents so far this year -- compared with one for every 339 people in Orange County and one for about every 450 residents in Seminole and Lake counties ...

Bush talks up economy in Stafford visit - Free Lance-Star
President Bush stood in the dining room of the Yak-a-Doos restaurant on U.S. 17 in Stafford County yesterday and asked Congress not to raise taxes. He pledged before the Stafford Rotary club to veto any tax increase sent to his desk. His half-hour ...

Fed looks to rein in lenders - Los Angeles Times
WASHINGTON -- The Federal Reserve on Tuesday proposed new mortgage lending rules to protect consumers against fraud and deception, but consumer advocates said lenders would still have the ability to make the kinds of bad loans that triggered the sub ...

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Today's Mortgage Terms starting with V

  • VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
  • Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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