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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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Financial News
UK Approves Police Hacking Home Computers - Wired
The UK's Home Office is supporting a proposal that would allow British police or MI5 agents to hack home, office and other private computers without a warrant to intercept e-mail traffic and monitor a user's other computer activities. The proposal ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. While most of Monday at the InBev-Anheuser-Busch takeover war was focused on the skirmish over the Belgian-Brazilian brewer’s desire to ...

Miscalculation doomed AIG - Nashville Tennessean
The contracts were flying out of AIG Financial Products. Hardly anyone outside Wall Street had ever heard of credit-default swaps, but by early 2005, investment banks were snapping them up to insure all kinds of deals in case of default, fueling one ...

Year-end Facts - Safe Haven
For the holiday week, the S&P500 jumped 6.8% ('08 decline 38.5%) and the Dow gained 6.1% (down 33.8%). The broader market also rallied sharply into year-end. The small cap Russell 2000 jumped 6.1% (down 34.8%) and the S&P400 Mid-Caps rose 7.1% (down ...

Year-End Timeline - Second Quarter - Wall Street Journal
with proposals to consolidate bank regulation, create a new type of insurance charter, improve the oversight of mortgage lending and allow the Fed to peek into more corners of finance. Criticism from small banks, state officials and others presages a ...

AIG: The Company That Came To Dinner - Insurance News Net
Copyright 2009 Time Inc.All Rights Reserved Fortune January 19, 2009 U.S. Edition SECTION: FEATURES; Pg. 70 Vol. 159 No. 1 LENGTH: 5956 words HEADLINE: AIG: THE COMPANY THAT CAME TO DINNER BYLINE: CAROL J. LOOMIS; REPORTER ASSOCIATE Doris Burke In a ...

Dana Rubinstein - New York Observer
Scalleja via flickr. At noon on Wednesday, about 50 retail brokers and landlords trickled into the Harvard Club on West 44th Street for a members-only Real Estate Board of New York Retail Committee luncheon, the first of the year. There was buttery ...

Viewing all entries for: October 2008 - Economist.com
AND speaking of bad last-minute decisions: you're up, and you have more paths to victory than Paul Simon has breakup techniques . Kerry states plus IA-CO-NM? Safe. Kerry plus OH? Quite possible. Kerry plus VA + IA? Safe enough too. Want to run up the ...

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