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Court: Swiss can hand over bank files in BAE probe - WTOP Radio
BELLINZONA, Switzerland (AP) - Switzerland can hand over bank documents to British authorities investigating whether arms manufacturer BAE Systems PLC bribed Czech politicians to gain a lucrative contract for the sale of fighter jets, the Federal ...

Need a Loan? Think 'Union' - Street.Com
Trouble getting a loan? You're not alone. Consumer lending rates are down, despite the efforts of the Treasury Department to grease lending wheels. Related Articles Gift Cards Ring Up Hidden Pitfalls Scrimp on 401(k) Now, Pay Dearly Later 5 Tips to ...

An election ends, but union ads march on - Bangor Daily News
The 2008 general election is over, with Barack Obama winning the race for president and Susan Collins easily being re-elected over challenger Tom Allen to represent Maine in the U.S. Senate. But Mainers are still seeing issue ads similar to those ...

NAFCU & NAFCU Services Corp. Launch CULookUp.com, Free Web Site to ... - Earthtimes
WASHINGTON - (Business Wire) Looking for a great place for your money where you will find great rates, excellent service and your funds are insured, too? The National Association of Federal Credit Unions ( www.nafcu.org ) and NAFCU Services ...

Italy Unveils $100 Billion Economic Bailout - Street.Com
MILAN, Italy -- The Italian government on Friday announced an euro80 billion ($103.2 billion) emergency package offering relief to banks, families and companies suffering in the global economic crisis. The package, which is part of a proposed euro200 ...

Lower US Mortgage Rates Lift Application Demand - CNBC
Lower U.S. mortgage rates lifted demand for mortgage applications last week, a trade group said on Wednesday, and demand should escalate after a new broad-brushed government plan to support the housing markets. With average 30-year fixed loan rates ...

Indulge us for a moment - Economist.com
This is both clever and facile, in a very Economisty way: it's the sort of thing which reeks of Oxford Union debates. He ended the post saying: Incidentally, does anybody have a copy of Andrew Sullivan's TNR cover story on the Economist from June ...

REFILE-Lower US mortgage rates lift applications demand - Forbes
NEW YORK, Nov 26 (Reuters) - Lower U.S. mortgage rates lifted demand for mortgage applications last week, a trade group said on Wednesday, and demand should escalate after a new broad-brushed government plan to support the housing markets. With ...

Harper's mischief a good show - Winnipeg Free Press
Prime Minister Stephen Harper responds to a question during Question Period in the House of Commons on Parliament Hill in Ottawa Thursday. (CANADIAN PRESS ARCHIVES) It didn't take long for Prime Minister Stephen Harper to torch the notion of a kinder ...

What about the free market? - CNN Money
WASHINGTON (Fortune) -- There's an elephant in the room every time Treasury Secretary Henry Paulson steps to a podium to recount the serial emergency actions he and other top officials have taken (and, as revealed Monday, will continue to take) to ...

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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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