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Foreclosure mediation, relief for the 'little guy’ - Minneapolis Star TribuneMinnesota Attorney General Lori Swanson outlined a plan Thursday to force mortgage lenders to negotiate with homeowners before foreclosing on their homes. With an anticipated 36,000 Minnesota homeowners facing foreclosure in 2009, Swanson said she ...
The inside scoop - Prague PostRobert McLean has a love-hate relationship with deadlines. But, as editor-in-chief of CEE Construction and Investment Journal, he must abide by them regularly. His hard work has certainly paid off. In addition to putting out the monthly publication ...
Awards » 2007 » The Banker Awards 2007 - BankerIn November the ceremony was held for The Banker Awards 2007 at The Dorchester Hotel in London. This year we gave awards in 143 countries and more than 100 countries were represented on the night. The continuing bonanza for banks over the past five ...
Archive » 2005 » June - BankerUBS and Credit Suisse will always be compared because of their Swiss origins. But the lessons to be learned from this month’s cover story have nothing to do with nationality and everything to do with international corporate strategies: one that ...
Stumbling to stability - Financial TimesPalace politics: Nicolas Sarkozy (left) and Gordon Brown discuss Europe’s response to the financial crisis last month at the Elysée in Paris For the European Union, the hour of truth in the financial crisis struck on the morning of September 30 in ...
AMNESTY FOR THAKSIN - Nation - ThailandYou're right to say that there were "zero deaths as a result of nuclear holocaust". That's absolutely correct. The doctrine of MAD (Mutually Assured Destruction) gave the Soviets and the US/NATO a measure of self-discipline. However, we came very ...
Big shoes to fill for new banking boss - Prague PostČeská spořitelna (ČS), the country’s largest bank by number of customers, has a new boss: Gernot Mittendorfer, 42, former CEO of the Austrian bank Salzburger Parkerstrasse. Mittendorfer replaces ČS’s long-serving and popular CEO Jack Stack ...
Prague's 'city within a city' - Prague PostBut CTR Albertov is set to raise the bar for a previously ignored group of residents: those seeking a sophisticated new home but are not yet ready to take on a personal mortgage. The new Albertov Rental Apartments will offer cosmopolitan standards of ...
Grimm, Bachel compete in Le Sueur County - Free PressJohn Grimm and Al Bachel Jr. are vying for the District 1 Le Sueur County Board of Commissioners seat being vacated by Terry Hayes, who is not running for another term. District 1 includes the cities of New Prague, Montgomery, and Heidelberg, and the ...
Nonprofits get chance to buy homes in foreclosure - Minneapolis Star TribuneT win Cities housing officials will announce today that four major national lenders have agreed to give them first dibs on hundreds of discounted homes coming out of foreclosure. That means that Minneapolis and St. Paul, working with key nonprofit ...
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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