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Site Presented By - SalonThe perils of Citigroup, an "icon of capitalism," according to the Wall Street Journal. Executives at Citigroup Inc., faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling ...
Cheap oil's victims - SalonThe oil slump, however, exacerbates Russia's already severe economic problems. Since May Russian markets have lost 70 percent of their value. Russia's central bank, meanwhile, has been spent $57.5 billion in two months trying to prop up the country's ...
A bad time to sell - OregonianFredrick D. Joe/The Oregonian After five months, Josh and Arica Gordon have decided to give up trying to sell their Hillsboro home. "All the people out there are bargain hunters," Arica Gordon said. "We decided to sit tight until the market comes ...
PHOTOGRAPHED BY HARLEY SOLTES - Seattle TimesTHE NEON SIGNS float like beacons in the night sky at one end of a welcoming, spacious downtown: red, tempting and foreign. GO BY TRAIN pleads one. GO BY STREETCAR urges the other. Something tells me we're not in Seattle anymore, Toto. No, we're in ...
Home price happy news - SalonThe Dow Jones Industrial Average plunged even further on Thursday, closing down another 444.99 points, or 5.5 percent. Who gets the blame this time? On Wednesday, the New Yorker's James Surowiecki defended a Detroit bailout by arguing that the ...
Kozlowski: Bailout actions are 'criminal' - Union LeaderNEW YORK – Former Tyco International Chief Executive Officer L. Dennis Kozlowski said in a jailhouse interview broadcast yesterday that the current financial crisis and performance by companies and executives is far worse than the circumstances ...
Two More Banks Closed by Regulators - AOLWASHINGTON (Oct. 10) - Regulators on Friday shut down two small banks, Main Street Bank in Michigan and Meridian Bank in Illinois. They brought to 15 the number of federally insured banks that have failed this year. The Federal Deposit Insurance Corp ...
Veteran Affairs offering support amid national housing crisis - KMOVSt. Louis (KMOV) -- The numbers facing the country don't look good - more than four million homeowners behind on their mortgages, home prices down 18 percent, the worst housing recession in a generation. That partly explains why one De Soto woman ...
Executive Appointments - Nashville City PaperPinnacle Financial Partners has established a specialty in relationship development and executive relocation and hired the most experienced team in the Nashville banking industry to meet the unique needs of the growing number of companies and ...
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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