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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 ...
Tallian eyes mortgage bill - Post-TribuneA local legislator is taking aim at the mortgage crisis with a bill she hopes will give Indiana homeowners the tools to keep their homes. State Sen. Karen Tallian, D-Portage, is working on legislation to help people having trouble with monthly ...
Akron-area home sales rise as prices fall - Akron Beacon JournalHome sales increased in the Akron area for the second straight month compared to a year ago, October sales figures show. A national housing survey, meanwhile, said the value of Akron-area homes fell more than 3 percent for the three months ending ...
Ottawa boosts mortgage buyout by $50B - Edmonton SunTORONTO — The federal government will buy another $50 billion in residential mortgages to ease the credit crunch facing Canadian banks, Finance Minister Jim Flaherty said Wednesday. The move triples the amount of insured mortgages Ottawa can buy ...
Where to stash the cash? - NewsdayUnder the mattress, in the cookie jar or buried in the backyard were common hiding places for cash in less sophisticated times. Today the sophistication level is higher, but the fear of losing money is every bit as real. Cash investments, also known ...
City seeks new name for renovated lot - Marie Evening NewsNew names and old encroachments highlighted Monday's meeting of the Sault Ste. Marie City Commission. With work complete on the southeast corner of Portage and Ashmun, the city was looking for a catchy new name for the recently renovated lot. The ...
South Bend, IN - WNDUThe Obama campaign is getting some additional support from Hollywood Monday. Actor Sean Astin will meet with voters in LaPorte, South Bend, Michigan City and Portage Monday. Back in April he joined Chelsea Clinton here in South Bend to campaign for ...
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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