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Adult children moving back home with parents - Los Angeles Times
Donald Garcia, 35, and his wife, Augustine, were living in a Burbank apartment when Augustine's mother approached them for help. She had refinanced her three-bedroom Tujunga home a year and a half earlier with an interest-only loan, and what had been ...

Fox River Mall Parent Considers Filing for Bankruptcy Protection - WBAY Green Bay
On the verge of the holiday shopping season, the owner of the Fox River Mall in Grand Chute could file for bankruptcy protection. After the closing bell Wednesday, General Growth Properties was removed from Standard and Poor's S&P 500 index after its ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. An increasing number of experts say the U.S. Treasury has taken just the right number of steps to end the financial crisis, and good things ...

Haverhill woman's tale of housing woe offers view into global ... - Eagle-Tribune
Marie Martinez rode the real estate wave for a decade, buying property worth, on paper, more than $1 million. Then she hit the rocks and lost everything. Martinez's story mirrors those of millions of Americans caught up in the real estate frenzy that ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Owner of several Inland malls struggles - Riverside Press Enterprise
Retail observers said Monday they weren't sure whether troubled mall operator General Growth Properties might be forced to sell other holdings beyond its Las Vegas centers, as it struggles to pay down debt amid a worldwide credit crunch. The Chicago ...

Macerich Co. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good afternoon ladies and gentlemen. Thank you for standing by. Welcome to the Macerich Company third quarter 2008 earnings conference call. Today’s call is being recorded. At this time all participants are in a listen-only mode. Following the ...

Cannery partners did it their way - Las Vegas Sun
Steve Marcus Cannery Resorts partners Bill Wortman, left, and Bill Paulos attend the Aug. 27 grand opening of the $250 million Eastside Cannery at Boulder Highway and Harmon Avenue. Their company, which they’ve agreed to sell ...

INDUSTRY NEWS & PEOPLE March 2007 - Business Travel Executive
The NBTA Foundation has announced the retirement of four members from its Board of Trustees and the appointment of their successors. The four outgoing Board members are Fay Beauchine, Carlson Companies; Mathias Friess, Virgin Blue; Susan Jacobs, Visa ...

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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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