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Economists offer some hope for '09 - Orlando SentinelNo one was more eager to say good riddance to 2008 than investors. There was just about no place to hide from the financial crash that wiped out about $7 trillion of shareholders' wealth -- the gains of the previous six years -- in the Dow's worst ...
The biggest losers (and a few winners, too) - Brisbane TimesIn the pantheon of financial performances, 2008 was an absolute stand-out for all the wrong reasons. Scott Rochfort looks at those companies which had a year to forget and may be forgotten as a result. The year that got off to an unattractive start ...
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