Potter Mortgage Refinance and Information Online from competing Lenders

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Senate to vote on $700 billion bailout plan Wednesday - Rocky Mountain News
U.S. President George W. Bush makes a statement on the Economic Rescue Plan in the Diplomatic Reception Room of the White House September 30, 2008 in Washington, DC. President Bush called on lawmakers in Congress to quickly pass a proposed $700 ...

HBOS PLC shares fall 40 percent - International Herald Tribune
LONDON : Shares in HBOS PLC, Britain's biggest mortgage lender, fell as much as 40 percent on the London Stock Exchange on Tuesday as financial shares fell sharply in the wake of the Lehman Brothers bankruptcy and amid fears of further market turmoil ...

Mon. Sep 22 - 4:45 AM - The Chronicle Herald
BIRTHDAY GUY: Actor Tom Felton was born in London on this day in 1987. This birthday guy may be best remembered as Harry Potter’s rival Draco Malfoy in the Harry Potter film franchise. Other movie credits for the young actor include The Borrowers ...

HBOS extends losses - Channel 4 News
Shares in Halifax Bank of Scotland have continued to nosedive after it found itself the biggest casualty of the Lehman Brothers collapse. HBOS stock lost another 40 per cent on top of a near 18 per cent fall on Monday - wiping more than £5 billion ...

The $1 Trillion Solution: Will It Work? - BusinessWeek
The numbers have gone so high that they’ve become inconceivable. Now Paulson and Bernanke are proposing a government fund or funds to buy up failed securities and prop up the financial system. The size of the bail-out funds: Roughly $1 trillion ...

Financial turmoil knocks a third off HBOS stock - Scotsman
SHARES in Halifax Bank of Scotland fell by a third today after a rise in funding costs prompted a second day of heavy falls. The Edinburgh-based mortgage lender's stock fell to 155p at one point – down 33% – making it by far the worst blue chip ...

Pearson Lakes Art Center to dedicate new wing - Sioux City Journal
OKOBOJI, Iowa -- The Pearson Lakes Art Center will dedicate its new $1 million visual arts wing and a gifted collection Saturday as part of the University of Okoboji’s Winter Games XXVIII. The ceremony will begin at 11 a.m. The new visual arts wing ...

HBOS shares slump 60% in Lehman's wake - The Age
Shares in HBOS, Britain's biggest mortgage lender, fell as much as 60% on the London Stock Exchange yesterday as financial shares fell sharply in the wake of the Lehman Brothers bankruptcy and amid fears of further market turmoil. The shares later ...

Financial crisis: HBOS shares crash 30% - Herald
Shares in Edinburgh-based banks Halifax Bank of Scotland and Royal Bank of Scotland were both hammered today after a rise in funding costs prompted a second day of heavy falls. HBOS, Britain's biggest mortgage lender, saw its stock plummet 30% making ...

Senate passes $700 billion bailout - Rocky Mountain News
Tina Braxton writes "No Bailout for Wall Street" on a sign during a rally outside the Federal Reserve Bank in Denver to protest a $700 billion financial industry bailout. The rally was organized by Jobs with Justice. Photo by Mark Wilson © Getty ...

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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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