A jumbo loan provides financing for loan amounts higher than the maximum conforming limits set by Fannie Mae and Freddie Mac. A conforming first mortgage plus a home equity line of credit may provide greater payment flexibility.
The first cellular phone was invented and demonstrated in 1973 by Martin Cooper, an engineer and general manager for Motorola, who successfully developed a portable handset using cellular communications technology. Cooper made the first ever cellular phone call in April 1973 using the prototype Motorola Dyna-Tac.
Martin Cooper changed the world when he made the first cell phone call 40 years ago. The former Motorola vice president and division manager made the call on the company's DynaTAC phone while standing in front of the New York Hilton on Sixth Avenue. His first call: to the head of research at Bell Labs, a company that also was attempting to build the first cell phone.