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House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Chippewa band may mortgage tribal land - Milwaukee Journal SentinelThe Lac du Flambeau tribe is considering mortgaging portions of its reservation to combat a severe cash crunch caused by several multimillion-dollar venture investments - including a bid to launch a casino boat in Natchez, Miss. The cash crisis is so ...
California Companies Take Courageous Step to Expand and Invest in ... - Biloxi Sun HeraldSACRAMENTO, Calif., Nov. 18 /PRNewswire/ -- Amid the current economic doom and gloom, there is a silver lining to new growth and economic development in some of the poorest sections of the state. The California Enterprise Development Authority (CEDA ...
Fear Factor - SlateThe stock market rallied today after President Bush announced a deal under which mortgage lenders would cut subprime borrowers some slack and freeze rates. As such, it represents the latest effort by the financial-industrial complex to draw a bottom ...
Loans came easily, then fell apart - Milwaukee Journal SentinelWhile earning a salary of $21,000 a year, Leesa Robinson landed on top of the real estate world in 2006, overseeing nearly $1 million in property. The 45-year-old single mom started buying houses after watching late-night infomercials and their tales ...
Councilman opposes logging - Hawk EyeIt's a move that will earn the city of Burlington a profit and help to reinvigorate the ecology of Otter Island, according to a forestry expert hired by the city. However, not all members of the Burlington City Council are on board with a plan to ...
City stays with Main Street - Hawk EyeWhen it comes to supporting Main Street Iowa, Burlington City Council members believe in the old adage, "If it's not broke, don't fix it." During regular session Monday, the council approved a resolution in support of the program with more than two ...
Aid for local farmers stalled in Congress - Natchez DemocratVIDALIA — 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 ...
County borrowing $3.3 million to plug hole in budget spending - Vicksburg PostWarren County will borrow up to $3.3 million to fill budgetary holes left by the steady string of equipment purchases, infrastructure upgrades and disaster-related expenses yet to be reimbursed. Transfers from the general fund to other pools of money ...
CBL & Associates Properties, Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.comGood day and welcome to the CBL & Associates Properties, Inc. conference call. (Operator Instructions) At this time for opening remarks, I would like to turn the conference over to John Foy, Chief Financial Officer. Please go ahead, sir. This ...

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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.
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