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Shopping malls are running on empty - Los Angeles Times
Life Plaza Center in San Gabriel used to teem with diners heading to Green Village, a Chinese restaurant in the middle of the horseshoe-shaped mall on Valley Boulevard. But after the eatery closed five months ago, the 7,500- square-foot space ...

Malls, hotels next victims in mortgage crisis as signs show meltdown ... - Los Angeles Times
WASHINGTON (AP) _ The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Did PartyGaming Head Own Plane Used in Suitcase Scandal? - Gambling 911
The "Suitcase Scandal" or maletinazo (derived from the word maletín, which in Spanish means "suitecase") began when Guido Alejandro Antonini Wilson, a Venezuelan-US entrepreneur, arrived in Argentina on a private flight hired by Argentine and ...

Meltdown far from over, new mortgage crisis looms - Motley Fool
The full scope of the housing meltdown isn't clear and already there are ominous signs of a new crisis _ one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in full swing, the ...

November 2008 - Palm Beach Interactive
Gov. Charlie Crist wants to have a temporary foreclosure freeze in place by next week, he said this morning. Crist said he is meeting with bankers to try to come up with a deal without having lawmakers involved that would stall foreclosure ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. The absurdist drama “The Bailout,” now playing under the Capitol Rotunda, is perversely reassuring. It has reinforced my long-held belief ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC 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 ...

O.C. hospitals CEO Bruce Mogel steps down after internal probe - Los Angeles Times
An Orange County executive has resigned after an internal investigation into his employment background and other activities, threatening new turmoil in the management of four major regional hospitals. Bruce Mogel, the president and chief executive of ...

THE 'PREDATOR' MYTH - New York Post
AT the center of the housing crisis, we're told, is some one called the "predatory lender." He gulled poor people into taking mortgages "designed to fail," as Hillary Clinton has put it, and as the housing market collapsed, he enjoyed the resulting ...

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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