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Today's Mortgage Terms starting with N

Notice of Default:

A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.

Non-Assumption Clause:

A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.

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Teton mortgage loan news:
Financial News
Entries for January 2009 - US News and World Report
Through 5 January 2009, seismic activity has markedly decreased. It is possible that the swarm has ended, though a return of activity may occur as Yellowstone swarms of the size usually last for tens of days to many weeks. About 500 earthquakes ...

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