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Elmbrook School District borrowing $9 million from Brookfield - Milwaukee Journal SentinelNov. 21, 2008 8:48 p.m. | Brookfield - In an unusual move being made because the ongoing financial crisis, the Elmbrook School District will borrow $9 million from the city of Brookfield to pay for short-term expenses. Invoking a seldom-used state ...
Shrinky Dinks brand is for sale - Colorado Springs GazetteNORTH LAKE, Wis. • In 35 years, a business based on shrinking has expanded to include about 250 products sold in 42 countries around the world. Now Betty Morris, one of the inventors of Shrinky Dinks, is hoping that the value she created with her ...
Genworth's battle plan multifaceted - Inrich.comOrigin: Genworth Financial Inc. was created in May 2004 when General Electric Co. spun off its Richmond-based insurance company, GE Financial Assurance Holdings Inc. Heritage: GE Financial Assurance had acquired two Virginia insurance companies in ...
Foreclosures increase in Connecticut - Danbury News-TimesOn the same day a national report said Connecticut suffered the biggest yearly increase in foreclosures of any state in October, Webster Bank announced plans to suspend all foreclosure activity for 90 days. California-based RealtyTrac.com, which ...
Berkowitz, Rodriguez and Pabrai: Examining Q3 Filings - Seekingalpha.comFairholme Capital, led by Bruce Berkowitz, runs a pretty focused portfolio and I found their most recent filing very interesting : Berkowitz’s two largest new positions were big stakes in Boeing ( BA ) and Northrop Grumman ( NOC ), the win-win US ...
Milwaukee County buses will add bicycle racks by spring - Milwaukee Journal SentinelRacks for all 470 Milwaukee County Transit System buses should be installed by spring, system spokeswoman Jacqueline Janz said Thursday. Supporters of the racks say they'll boost bus ridership and reduce dependence on cars by offering people the ...
Foundations Bank parent buying Amerihome Mortgage - Biz TimesGenerations Bancorp Inc., the parent company of Pewaukee-based Foundations Bank, announced today that it has agreed to purchase Brookfield-based Amerihome Mortgage Company LLC to create a wholly-owned mortgage banking subsidiary called American ...
Brookfield Homes swings to 3rd-quarter loss - CNBCFAIRFAX, Va. - Land developer and homebuilder Brookfield Homes Corp. said Thursday it swung to a loss in the third quarter amid falling home prices, tough lending standards and eroded consumer confidence. The company said its third-quarter net loss ...
Foundations Bank parent buys Amerihome - Milwaukee Business JournalThe parent company of Foundations Bank in Pewaukee said it has signed a definitive agreement to buy Amerihome Mortgage Company LLC of Brookfield to create a wholly owned mortgage banking subsidiary. Generations Bancorp Inc. said Thursday it has ...
Standard Pacific Swamped - ForbesWhere there's smoke, there's probably fire. The housing market's disaster du jour for Friday was builder Standard Pacific (nyse: SPF - news - people ) whose shares plunged 17.6% on news it had retained restructuring and bankruptcy specialist Miller ...
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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