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February 13, 2010 | By Lori Kozlowski
Jumbo squids invaded Orange County late last month. The 10-limbed creatures, weighing up to 60 pounds, swarmed the waters near Newport Beach, and anglers delighted at the prospect of calamari steaks. Bruce Robison, senior scientist at the Monterey Bay Aquarium Research Institute, talked about the life of squids and why we shouldn't be afraid of these marine cephalopods. Why did this invasion happen in Orange County? There has been a large-scale invasion of the entire California coast that started in 2002.
November 3, 2013 | By Kenneth R. Harney
WASHINGTON - Should you be concerned that the maximum loan amount you'll be able to obtain through the biggest players in the mortgage industry - Fannie Mae and Freddie Mac - might be cut sometime next spring? Maybe you should. That's because mortgage applicants who no longer qualify under the revised limits will be forced to shop in the so-called jumbo arena, where minimum credit scores and financial reserve requirements tend to be tougher and down payments heftier than in the conventional space dominated by Fannie and Freddie.
July 11, 1991
At first we had jumbo shrimp and military intelligence. Is our newest oxymoron now Supreme Court justice? LARRY WEISENBERG Santa Monica
September 11, 2013 | By Brad Balukjian
The two catamarans zipping across San Francisco Bay in the America's Cup finals each weighs about 163 tons less than America, the winning yacht in 1851 and namesake for sports' oldest active trophy. The lighter load obviously helps these boats achieve speeds up to 50 mph, but there's much more to their design; both are engineering marvels that maximize the energy provided by wind and water. The AC72 (America's Cup, 72 feet long) catamarans are defending America's Cup champion Oracle Team USA, owned by billionaire Larry Ellison, and challenger Emirates Team New Zealand.
June 17, 1989 | From Associated Press
A Delta Air Lines L-1011 jumbo jet hit turbulence Friday and those people not wearing seat belts "were flying through the air," a passenger said. Twenty-five were taken to hospitals, including one person with broken ribs. "The kids were screaming and the food was flying and the people were flying," said Brenda Chevalier of Seattle, who was treated for a sprained back at South Fulton Hospital.
February 11, 1999
It is not yet time for a supersonic jumbo jet ("NASA, Boeing Abandon Supersonic Jetliner Project," Feb. 6). Research and development without commercial application in the foreseeable future is not what Boeing should be doing. NASA needs to continue the development of the space plane for low-cost delivery of cargo to orbit. When that technology is functional and costs are known, an informed decision can be made about how to build high-speed, long-range, high-capacity commercial passenger aircraft.
January 9, 2000
The new aircraft isn't a bad idea in and of itself [Airbus to Gauge Demand for Super-Jumbo Jetliner," Dec. 9]. The problem is the titanic endeavor of Airbus and the Europeans' egos to do it themselves. It would be better for the Europeans to enter into a partnership with one of the big U.S. aerospace firms, to share the costs, risks and benefits. This consortium would do better with multiple partners. California has a huge population of highly skilled aerospace workers. The super-jumbo jet in part could be assembled in our state, benefiting from professional aerospace engineers and assemblers here.
September 1, 1991
Although I intend to recover losses I have incurred from the closure of Lincoln Savings, I must point out that in my experience, American Continental debentures were never represented as being federally insured. Granted, whenever I came into a Lincoln branch I would practically fall over the huge ads for these debentures, and they were heavily advertised in all the bank statements I received. But I saw nothing that said customers would be buying a CD. In fact, when I called the bank and inquired, I was told plainly what the offering was. The Lincoln story sounds to me like a hard sell with a little deception, a little greed and a lot of confusion.
May 8, 2009
January 5, 1998
Buying in bulk is usually cheaper, but it may also mean more pounds on you. This according to the University of Pennsylvania, which found the larger the package, the more a person will eat in a single sitting. If you're concerned about your waistline, researchers recommend purchasing food in smaller packages or transferring food bought in bulk to smaller plastic containers. If not, that "jumbo size" Frosted Flakes you buy may soon describe more than just the box.
September 5, 2013 | By E. Scott Reckard
With mortgage rates rising to levels not seen for two years, it's hard work finding a great deal on a home loan - unless you're rich enough to need a jumbo mortgage. These loans on steroids certainly aren't for everyone: Jumbos are defined as mortgages over $625,500 in much of California and more than $417,000 even in places where homes are cheap. But if you can qualify, America's banks stand ready to reward you with a rate nearly as good as or even better than what you can get for a normal loan.
September 5, 2013 | By E. Scott Reckard
With interest rates rising, it's getting harder to find a great deal on a home loan these days -- unless you're rich enough to be looking for a jumbo mortgage. Mortgage rates rose early this week, Freddie Mac said in its latest report , with lenders offering a 30-year fixed home loan to solid borrowers at an average of 4.57% -- up from 4.51% last week and a full percentage point higher than a year ago.  Rates for 15-year fixed mortgages and adjustable loans also edged higher, a trend Freddie Mac chief economist Frank Nothaft attributed to a healthier-looking economy.
January 14, 2013 | By Jill Cowan, Los Angeles Times
It was almost midnight when someone spotted the banana. Word on the boat spread quickly. Guys in the back corner were snacking on a bunch, people said, but it was unclear whether they had thrown the bad-luck fruit overboard. No matter - the damage had already been done. The Western Pride, a no-nonsense, 76-foot Ditmar Donaldson, was headed back to port without having hooked a single squid. The 75 or so anglers onboard had expected waters teeming with Humboldt squid, which are known for their mysterious sudden invasions of California coastal waters.
December 8, 2012 | By Salvador Rodriguez
If you're an NFL lineman or a basketball player, Samsung has got the phone for you. The South Korean company's Galaxy Note II is a massive tablet/smartphone hybrid with a whopping 5.5-inch screen. Samsung bills the phone as having the best of both worlds, and with its massive display, you really do have more to see than other smartphones on the market. That makes it a solid choice if you're looking for something that you can use for reading books and magazines or playing video games.
December 29, 2011 | By Noelle Carter, Los Angeles Times
Whether your New Year's festivities include planning a big cocktail party or hosting a simple dinner, odds are you'll want something to feed your guests over the hours as they count down to 2012. Here are 25 easy-to-make little dishes to choose from - they're not recipes really, but ideas you can adapt to make your own. No matter whether you're planning fancy hors d'oeuvres or are looking for some simple nibbles to keep the natives from getting restless as the clock winds down, we should have you covered.Many can be prepared hours - even a day or two - in advance.
November 13, 2011 | By Kenneth R. Harney
Do you have a big mortgage and good credit scores but not much equity — maybe you're even underwater? Do you see little chance that your home's market value will improve a lot during the coming three to seven years? If you answered yes to both questions — and thousands of homeowners across the country could do so — new research suggests that you are in a category that lenders need to worry about most: prime jumbo borrowers who once were thought to be among the safest bets, but who now are the most likely to opt for a strategic default and walk away from their homes.
April 18, 1986 | United Press International
Security personnel Wednesday searched an Air-India jumbo jet for explosives after airline officials received a bomb threat, the Press Trust of India said. The domestic news agency said the state-owned international airline received the threat in a telephone call just before the plane landed in New Delhi from Bombay en route to West Germany.
June 28, 1985 | Associated Press
A British navy search ship today located the bulk of the wreckage of the Air-India jumbo jet that crashed off Ireland with 329 people aboard, an Irish government spokesman said. He told reporters he did not know whether the wreckage might contain the "black box" flight recorders, vital to determining whether the Boeing 747 was blown up by a bomb before it crashed into the North Atlantic last Sunday.
September 4, 2011 | By Kenneth R. Harney
Picture a mortgage program that seems to defy many of the lessons of the housing bust: • 91% of its borrowers make zero down payments. • Loan amounts go well into the jumbo range — to $1 million and sometimes above, even with little or nothing down. • Credit standards are flexible and generous. Underwriting rules encourage loan officers to look for ways to approve applications rather than to reject them. • Mortgage originations are up — almost triple what they were just three years ago and on track this year to exceed 2010's volume.
July 10, 2011 | By Kenneth R. Harney
How big a deal is the upcoming cutback in mortgage limits for Fannie Mae, Freddie Mac and the Federal Housing Administration? Will buyers and sellers who depend on jumbo-sized loans find themselves in a financing squeeze after Oct. 1, when the limits plunge in key markets around the country? Housing and realty lobbies are pushing hard on Capitol Hill for a continuation of the $729,750 high-cost area maximum, but one industry is delighted by the prospect and is gearing up to fill the gap. From small community banks to megabanks, the message is the same: Bring on the switch to lower limits.
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