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PM in vow to entrepreneur - Leicester MercuryThe Prime Minister has promised to investigate the case of an award-winning entrepreneur who blames her bank for forcing her to the brink of bankruptcy. When the credit crunch hit, Bernie Taylor, who runs the Mulberry Pub Company, in Melton, turned ...
Glut in Gorge - ColumbianSTEVENSON — Five minutes from downtown’s chic new restaurants and shops, in the hills at the north edge of town, Hidden Ridge is waiting. Streets and cul-de-sacs, sidewalks and curbs, water and sewer lines and underground electrical cables are in ...
The Financial Crisis, From A-Z - ForbesThe editors at Forbes.com--not, on the whole, a pedantic bunch--made a decision a little while back to swap the phrase "Wall Street Crisis" for another, spookier one: "Global Financial Crisis." While this taxonomical adjustment is important ...
Community Resource Bank becomes First Citizens - Times and DemocratThe bank that began here two decades ago as Orangeburg National will officially become First Citizens Bank and Trust on Friday. Orangeburg-based Community Bankshares Inc., parent company of what is now Community Resource Bank, announced in June it ...
Economy can't stop Phillies Fever - Delaware OnlineHad the Phillies made it to the World Series a few years ago, when most Americans knew nothing of subprime mortgage loans and the stock market stood on two legs, Alfonse Lugano might have left Modell's Sporting Goods with more official merchandise in ...
DHL to cut 9,500 jobs and close US service centers - Buffalo NewsAP Business Writers In a move that could greatly scale back a possible venture between UPS and Deutsche Post's DHL, the German company said Monday it will significantly reduce its air and ground operations in the U.S. and cut 9,500 jobs within the ...
Alabama credit unions tout safety from the storm as bank's woes mount - Birmingham NewsAlabama's credit unions are gearing up to capitalize on the banking industry's problems to win new business. The Alabama Credit Union League, a trade group based in Birmingham, is preparing to roll out a statewide marketing campaign touting the ...
Downturn snapshot: Day's events - BBC News1829 That's it for today. There's been a lot of bad news but as the contributor from Harrow below makes clear, the outlook's not all bleak by any means. Thanks for sharing all your out-of-money experiences and the rest. 1825 "We are still very busy ...
Many Columbia Gorge homes unsold as developers misread market - ColumbianDeveloper Mary Laufman stands on the one lot that has sold so far in the 41-lot Hidden Ridge subdivision in Stevenson. (Photos by STEVEN LANE/The Columbian) Only four houses of 27 have sold in North Bonneville’s Hamilton Island subdivision, and at ...
Business calendar, 11/14 - Denver PostColorado Judicial Institute, sixth annual Judicial Excellence for Colorado dinner, Denver Marriott City Center Hotel, 1701 California St. Keynote speaker will be Bert Brandenburg, executive director of the Justice at Stake Campaign. Information: 303 ...
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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