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A house divided hard on wife - Ottawa SunQuestion: For 13 years living together, we've kept our finances separate. My spouse said all his assets will go to his daughter; only his pension will go to me. We live in my mortgage-free house; he pays for half of the overhead. He sold his house ...
Bush ignored financial warnings - Edmonton SunWASHINGTON -- The Bush administration ignored remarkably prescient warnings that foretold the financial meltdown, a review of regulatory documents shows. "Expect fallout, expect foreclosures, expect horror stories," California mortgage lender Paris ...
'Black Friday' won't stave off black days ahead: Analysts - Ottawa SunWASHINGTON (AP) — U.S. retail shoppers hunting for holiday bargains on ”Black Friday” won’t be enough to stave off what’s likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims ...
Homeowners say no help from lenders - Contra Costa TimesDAWN AGUIAR sits outside her Fremont home Thursday. She says she tried to work on her mortgage problem, but the lender talked down to me like I was a deadbeat. ( AHBECK/STAFF) Numerous homeowners who have beseeched lenders for help with restructuring ...
New home construction hits a wall - Raleigh News & ObserverPermits for new homes are lowest in a decade; the drop foreshadows job and revenue losses Triangle homebuilders are parking their bulldozers as sales of homes in the region continue to plummet -- a trend that could mean more job losses and tighter ...
Fuel oil price contract burns consumer - Times Union BlogsRemember July? It wasn’t just gasoline that forced so many of us to reintroduce ramen noodles to our grocery lists. Home heating oil and petroleum prices spiked too. It looked like it was going to be a frightening, expensive winter. That’s why so ...
From Sunday: Home prices drop 7% in Morris - Morris County Daily RecordThe average price of a home in Morris County dipped back below a half million dollars in the first half of the year, according to a new data analysis that found the Morris housing market faring slightly worse than the rest of New Jersey. A Gannett ...
When the Downturn Sailed Into Savannah - Star News OnlineSAVANNAH, Ga. DOZIER COOK founded the construction crane company that bears his name here 35 years ago. He’s weathered economic scares over the years — the wrenching recessions of the mid-1970s and early ’80s come to mind — and he’s ...
Credit Crunch Video Gallery - CNBCCLSA: China's Nov PMI Posts... According to CLSA, China's PMI in November fell to 40.9 from 45.2 in October, worsening for a fourth straight month. Eri... Expect a Pre-Christmas Rall... Expect Australian stocks to stage a rally in the lead up to ...
Man dies in horseback riding accident - Register-StarNORTH CHATHAM — A 79-year-old Capitol District man died Saturday after being bucked from a horse in North Chatham. Gerald Malone of Niskayuna was riding horses with his adult daughter on Dorland Road Saturday just after 2 p.m. when his horse began ...
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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