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H&R Block Done Selling Units, New Chief Smyth Says (Update2) - Bloomberg
Sept. 5 (Bloomberg) -- H&R Block Inc. , the largest U.S. tax preparer, is done with its strategic overhaul after exiting subprime lending and will keep its bank and consulting units, Chief Executive Officer Russ Smyth said. The company will focus on ...

Digest: H&R Block says it has finished overhaul - Houston Chronicle
H&R Block, the largest U.S. tax preparer, is done with its strategic overhaul after leaving subprime lending and will keep its bank and consulting units, Chief Executive Officer Russ Smyth said. The company will focus on taxes after selling its ...

Business Minute: Fannie/Freddie takeover...Another bank fails...Strike ... - Idaho8.com
WASHINGTON (AP) - The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend. According to someone who was briefed on the matter, the move is designed to protect the mortgage market from the failure of the two ...

American consumers tighten up spending - Des Moines Register
More Americans continue to cut spending as a result of tougher economic conditions - and those choices are creating a series of ripples for retailers and businesses in the dining and entertainment sectors. A new national survey of workers across the ...

Breeden details year of progress at H&R Block - FOX News
KANSAS CITY, Mo. — A year after orchestrating a takeover of H&R Block Inc.'s leadership, Richard Breeden gave shareholders an update Thursday on efforts to rejuvenate the tax preparation giant, saying some success has been made but the work is ...

Buyers grab apartments as new loans lure pays off - Independent
DRASTIC measures taken by two prominent developers to revive the property market succeeded yesterday in attracting some buyers, showing there is some life left in the Irish housing market. McNamara's Elm Park development, which is offering 30 per ...

Program seeks millions to get kids into science - Wichita Eagle
Jim Pugh, who teaches a pre-engineering class at West High School, works with Marlo Griffith on a project. The class is part of Project Lead the Way, a program that is aimed at attracting students to engineering. Supporters hope to expand it. An ...

R Block shareholders company is stronger, but still has 'a lot of work ... - Newsday
R Block Inc.'s leadership, Richard Breeden gave shareholders an update Thursday on efforts to rejuvenate the tax preparation giant, saying some success has been made but the work is ongoing. Breeden, speaking at the Kansas City-based company's annual ...

Manatee case sheds light on human trafficking - Herald Tribune
Victor Gomes-Lopez arrived at a parking lot Thursday night to welcome his brother to the United States. But when he did not cough up $1,500 to the two men who smuggled his brother into the country from Mexico, the smugglers took off in a minivan ...

H&R Block sees better times ahead - News-Democrat
A year after orchestrating a takeover of H&R Block Inc.'s leadership, Richard Breeden told shareholders Thursday that the company's stock is up, its risks are smaller and it faces good opportunities to increase its market share in the tax preparation ...

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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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