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SD officials urge financial bailout bill passage - Forbes
Congress needs to pass the $700 billion financial industry bailout measure to help tackle economic problems that soon will start to hurt average South Dakotans, state Investment Officer Matt Clark said. The Senate passed the bailout measure Wednesday ...

Credit Unions Buck Trend; Remain Solid Despite Mortgage Meltdown - Market Wire
MEQUON, WI--(Marketwire - October 2, 2008) - The subprime mortgage meltdown continues to have ripple effects throughout the economy, but a too-often-ignored bright spot in the mortgage industry is just down the street: the local credit union. And in ...

City debuts new housing that is attractive, affordable - Issaquah Press
With balloons, cookies and pizza, the newly refurbished Johnson Hill Apartments were unveiled Oct. 1 by St. Andrew’s Housing Group. he Johnson Hill Apartments, 280 S.W. Clark St., were unveiled at an open house with refreshments and festive ...

ACORN and Obama - Grand Junction Daily Sentinel
ACORN — the Association of Community Organizations for Reform Now — is in trouble with elections officials again. Nevada authorities raided ACORN’s Las Vegas office Tuesday. The group is accused of including nonexistent names, fraudulent ...

Budget shortfall at center of senate candidates' debate - Portsmouth Herald
PORTSMOUTH — New Hampshire’s budget deficit, retirement system and education funding sparked a lively debate Friday morning between Martha Fuller Clark and Christian Callahan, candidates for the District 24 state senate seat that represents ...

Official: Pass bill to save South Dakotans - Black Hills Pioneer
PIERRE (AP) - Congress needs to pass the $700 billion financial industry bailout measure to help tackle economic problems that soon will start to hurt average South Dakotans, state Investment Officer Matt Clark said Thursday. The Senate passed the ...

Mortgage Foreclosures - The Ledger
Mortgage foreclosures filed with the civil division of the Circuit Court for January 2008. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action. Roig, Francisco, Marlenis ...

A look at the 9 men in the O.J. Simpson case - Washington Post
This image provided by the Las Vegas Metropolitan Police Department shows Clarence Stewart's booking photo at the Clark County Detention Center after bing found guilty on all charges in his Las Vegas kidnapping and robbery case on Friday Oct. 3, 2008 ...

Financial leaders say local economy sound - Waterloo Cedar-Falls Courier
WATERLOO --- Cedar Valley financial leaders are still issuing loans and conducting business as usual amidst what some financial analysts are calling a national credit freeze. Local financial leaders shared their views of the recent economic downturn ...

Affordable housing planned - Daily Interlake
Until now. A team that is building an affordable-housing community in Somers will hold symposiums at the Red Lion Inn in Kalispell this week. The meeting Thursday begins at 6:30 p.m., and the Sunday meeting begins at 1 p.m. Local lenders, builders ...

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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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