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Obama Needs a Protest Movement - Common Dreams
The astonishing election of 2008 is over. Whatever else the future holds, the unchallenged domination of American national government by big business and the political right has been broken. Even more amazing, Americans have elected an African ...

2008 (2665) - Dakota Voice
► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...

Worries grow on mortgage funds - The Age
FEARS are growing the crisis in the nation's $12 billion mortgage fund sector could soon spill into the broader property market, with developers and home buyers at risk of having a key funding tap shut off. The Federal Government last night brought ...

McCain campaign outlines mortgage-rescue plan - San Francisco Gate
Thursday, October 9, 2008 Sen. John McCain's plan to help people avoid foreclosure drew praise from liberals for tackling the problem's source, while conservatives called it a government subsidy of irresponsible lenders and borrowers. During Tuesday ...

Gordon Brown: world leaders should create 'truly global society' - Daily Telegraph
Mr Brown will use a high-profile speech in the City of London to say that Britain, the US and Europe should join together to provide leadership in the creation of a "stronger and more just international order". This weekend's emergency summit of ...

Fishing in Troubled Waters - Huffingtonpost.com
As the events of the past 24 hours have shown, the Republicans lack both the leadership and the unity to bring home any variant on Paulson's proposed bailout deal. This has been a special fiasco for John McCain, and a richly deserved one. With the ...

Tough times may provide silver lining - Toledo Blade
A hundred layoffs here, a thousand there. Plant shutdowns. Circuit City filed for bankruptcy. Now General Motors wonders if it will, too, even as the entire auto industry pleads for government help. Consumer spending is so tight now that the country ...

Bush Stands By Petraeus; New Showdowns With Hill Loom - US News and World Report
In remarks at the White House yesterday morning, President Bush said he would give Gen. David Petraeus "all the time he needs" in Iraq before proceeding with further reductions in US troop levels. Bush also said, as the CBS Evening News reported ...

Election 2008: Hillary Clinton in the news - Newsday
About 1,000 union and political activists whooped and shouted their way through a late afternoon rally Wednesday in Eisenhower Park, less than two miles from the site of the presidential debate. Whether you're a follower or an iconoclast, there's a ...

What is the single most important ramification of the election? - Atlanta Journal Constitution
Before I tackle this week’s topic, I must first congratulate Barack Obama. Even the election of a man with whom I deeply disagree makes me proud to be an American. I will probably object to his policy priorities, but the ascendance of our first ...

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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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