Sequester lands today

CBSnews.com: Today, when President Obama signs the order, the so-called sequester will take effect, and $85 billion in automatic 2013 spending cuts will begin rolling in.

Jumbo mortgages return

Reuters:  A luxury real estate revival is being fueled, in part, by another resurgence: so-called jumbo mortgages – those loans, typically over $417,000, that are too big to qualify for purchase by federal agencies.