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Kahley to lead First Southern mortgage division - Statesboro HeraldFirst Southern National Bank recently announced the promotion of Kelly Kahley to head of the Mortgage Division. She will lead the bank's business development efforts as well. Kahley's new duties include coordinating all efforts with First Southern's ...
Good housekeeping is a gamble that may win - Times OnlineA helpful rule of thumb for assessing the fanfare that habitually precedes a Gordon Brown initiative, is that there will be less to it than meets the eye. Under scrutiny, these things tend to come apart in our hands, shot through with failures of ...
Only drastic action now will save us, says Gordon Brown - Times OnlineBritain would face an even more severe recession without the multi-billion-pound tax cut and spending package that will be unveiled on Monday, Gordon Brown said yesterday. In a dramatic attempt to raise the political stakes before the most important ...
Bank of England cuts interest rate by 1.5 points to 54-year low - Times OnlineThe Bank of England today took decisive action to shore up the economy and stave off a deep recession by ordering an aggressive cut in interest rates by 1.5 percentage points to 3 per cent, taking the base rate to its lowest level in more than half a ...
Mandelson warns banks to pass on rate cuts - Times OnlineLord Mandelson upped the stakes in a row with UK banks this morning by warning that they face a customer backlash if they do not pass on interest rate cuts to customers. Britain's Business Secretary fired the latest salvo after an awkward 24 hours in ...
Unemployment rises at fastest rate in 17 years - Times OnlineUK unemployment has surged at the fastest pace in 17 years by 164,000 to 1.79 million and could rise even further to two million by the end of the year. The rise in unemployment during the three months to August marks the biggest increase since 1991 ...
Who's to blame? Look in the mirror, Mr Brown - Times OnlineSixteen years ago an economic gale blew away a vital part of my economic strategy; now, a more comprehensive storm has undone the entire economic strategy of the Labour Government. In the days of the late-lamented Prudence, the Chancellor of the ...
Local business leaders evaluate economic crisis - Journal Gazette and Times CourierCHARLESTON — The U.S. economy has survived oil market shocks in the 1970s, Japanese economic dominance in the 1980s, job losses to Mexico in the 1990s, dot-com busts in the early 2000s, and much more. Jack Schultz, chief executive officer of the ...
Help, hope exists for those with cancer - Southern IllinoisanThere are 10.8 million Americans, who are cancer survivors today. Thanks to advances in cancer research, diagnosis and treatment, about one million survivors join their ranks each year. Surviving cancer takes a toll. There are medical, financial ...
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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