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Toll loss narrows, shares rise sharply - MSN MoneyCentral
NEW YORK (Reuters) - Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, and its shares rose sharply as homebuilders extended a rally spurred by improved mortgage rates ...

Stamford continues economic strength - Stamford Advocate
There is little doubt that during these tough financial times nationally that Stamford continues to grow. Construction of buildings continues. Building permits are being approved for the development of the South End. In some areas, houses are being ...

Bernanke: lower interest rates are "feasible" - Stamford Advocate
In this Oct. 7 file photo, Federal Reserve Chairman Ben Bernanke, speaks to the National Association for Business Economics in Washington. Bernanke, warning that financial markets remain under "severe strain," pledged Friday, Nov. 14, to work closely ...

The Premiership Weekend Winners And Losers - Football365.com
Having claimed - with good reason - not to have seen whether Arsenal's equaliser was offside, the Arsenal manager will no doubt be derided by the tedious band of email writers who still find amusement in his selective myopia. Perhaps they ought to ...

Locals share memories of the Great Depression - Greenwich Time
Tony Dipreta speaks about his experiences in the Great Depression recently at The Greenwich Senior Center. Charles Prete's family had groceries delivered each week by a local store, even during the Great Depression when times were tough and there ...

Obama tells NY Times he'd do better without Fox News around - Los Angeles Times Blogs
The New York Times, of all places, has a long interview coming out Sunday with the freshman senator from Illinois, Barack Obama. In it, the Democratic presidential nominee, who's leading in most recent political polls, still bemoans the existence of ...

Real-Time News - Newark Star-Ledger
• Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game They met as teenagers, finding a common bond ...

Government plans new credit, mortgage programs - Stamford Advocate
WASHINGTON - The government introduced a pair of new programs Tuesday that will provide $800 billion to help unfreeze the market for consumer debt and to make mortgage loans cheaper and more available. The new programs from the Federal Reserve and ...

Stamford-based Harman readies to weather economic storm - Stamford Advocate
As Americans cope with lost jobs, mortgage and credit card debt, falling home values and stock prices, Harman International Industries of Stamford said it hopes consumers will keep buying home entertainment speakers that can cost as much as $2,300.

Judge throws out part of case against Kissel widow - WTNH.com
Stamford (AP) -- A lawyer for the widow of slain Greenwich real-estate developer Andrew Kissel says a Superior Court judge has thrown out half of the claims filed against her in a lawsuit by two insurance companies. Andrew Kissel was killed in 2006 ...

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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