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Former East Cleveland Detective Tiffiney Cleveland admits misusing ... - Cleveland Plain Dealer Blog
Former East Cleveland police Detective Tiffiney Cleveland pleaded guilty Wednesday to using her police computer to help her future husband, a drug dealer, avoid arrest. Cleveland admitted giving information to Lesean Roberts, a convicted cocaine ...

Dow, down 27.08 . . . NASDAQ, up 17.95 . . . S&P, up 3.08 - Cleveland Plain Dealer Blog
NEW YORK -- A deal that would prevent more mortgage foreclosures has pulled Wall Street out of a deep early slump and given the market a most higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy ...

Standard & Poor's lowers PNC credit rating to "A" - Pittsburgh Business Times
Standard & Poor's Inc. lowered its credit rating on PNC Financial Services Group Inc. Wednesday from “A+” to “A.” S&P cited concerns over Pittsburgh-based PNC’s (NYSE:PNC) Dec. 31 acquisition of Cleveland-based National City Corp. Concerns ...

PR Newswire Provides Grant to Ronald McDonald House and Habitat for ... - StreetInsider.com
Cleveland-Based PR Newswire Staff Volunteer Time As Part of the Company's 'Doing Well by Doing Good' Initiative CLEVELAND, Jan. 5 /PRNewswire/ -- Ronald McDonald House of Cleveland and the Greater Cleveland Habitat for Humanity, two non-profit ...

Stocks end mostly higher after mortgage deal - Minneapolis Star Tribune
NEW YORK — A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges alter ...

Citigroup reaches agreement with key senators on mortgage bankruptcy ... - Minneapolis Star Tribune
I tried calling them last week to ask if I could "modify" my home loan as I have lost $200k on my house in the last 24 months. They told … read more me; since I have not missed any payments or been late on any payments I am fine to continue paying ...

Text of Barack Obama's economic speech - Cleveland Plain Dealer
(AP) — Text of President-elect Barack Obama's speech on the economy on Thursday at George Mason University in Fairfax, Va., as transcribed by CQ Transcriptions. OBAMA: Thank you so much. Let me begin by thanking George Mason University for their ...

AmTrust submits turnaround plan to regulators - Cleveland Plain Dealer
After being cited for unsound banking practices and losing money the last two quarters, Cleveland's AmTrust said Tuesday that it has submitted a turnaround plan to regulators. Spokeswoman Donna Winfield said the plan was submitted Monday to the ...

S&P downgrades PNC's rating - Pittsburgh Post-Gazette
PNC Financial Services Group's acquisition of National City Corp. has led Standard & Poor's to downgrade PNC's rating on the prospect of losses tied to the deal. Standard & Poor's Ratings Services cut its investment-grade credit ratings on PNC by one ...

Radical cheap: $1,000 homes - CNN Money
NEW YORK (CNNMoney.com) -- The real estate market is so awful that buyers are now scooping up homes for as little as $1,000. There are 18 listings in Flint, Mich., for under $3,000, according to Realtor.com. There are 22 in Indianapolis, 46 in ...

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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