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.

View all Terms

Shelby mortgage rates news:

Forbes rates Zanesville among most vulnerable towns - Newark Advocate
ZANESVILLE — Forbes magazine features a story that ranks Zanesville the seventh most vulnerable town in America. The publication looked at 141 towns with an urban core of at least 10,000 but no more than 50,000 to evaluate the strength of Main ...

Crumbling Financial Giants Gave Generously To Dodd - Hartford Courant
Sen. Richard Shelby , R-Ala., the former chairman and now the ranking minority member of the Banking Committee, said those implications are unfair. "I think Dodd at the end of the day is going to do what he thinks is right from a philosophical ...

Will Media Examine Candidates' Proposals Before Financial Crisis? - News Busters
As a result of the stock market collapse in the last four weeks, the economy has become the most important issue on the minds of voters. Yet, as Barack Obama has clearly benefitted in the polls during this period, the media have refused to examine ...

Undernews: Rezko Alert - Slate
If McCain is doing so badly , why isn't that showing up here ? Or here ? ... 8:25 A.M. Edwards, Rielle Hunter, Busted: HuffPo 's Sam Stein, who got the story rolling , appears to be vindicated. ... P.S.: Always trust content from kausfiles ! Never ...

McCain: He's Lost Alter! - Slate
Jonathan Alter, Joe Klein, Richard Cohen, David Ignatius, Jacob Weisberg: all former McCain admirers now turned brutal critics. Equally if not more damaging, the shift has been just as pronounced, if less operatic, among straight-news reporters ...

On Native Ground - American Reporter
BRADENTON, Fla., Oct. 2, 2008 -- With $700 billion dollars - about $2,400 for every man woman and child in America - Congress has just about paid back American and foreign banks for every bad loan they've ever made. All those credit card debts people ...

2008 Financial Crisis - New York Observer
Forget Charles Dickens. For America's retailers, it's looking more like a Charles Darwin Christmas. The Journal 's Miguel Bustillo and Ann Zimmerman go on to detail the dismal sales that retailers nationwide expect this holiday shopping season. Such ...

Ohio Newspaper Poll: McCain, Obama in 'dead heat' for state's ... - Cleveland Plain Dealer Blog
Plain Dealer File/Associated Press According to the latest Ohio Newspaper Poll Barack Obama has tightened the race with John McCain for Ohio's electoral votes. What a difference a couple of weeks make. Boosted by growing concern about the Wall Street ...

Election 2008 - Weekly Standard
Republican senator Saxby Chambliss will face a much tougher battle than previously expected in his reelection bid in Georgia, according to recent polls. Chambliss leads former state representative Jim Martin by only three points in a Strategic Vision ...

Fannie Mae, Freddie `House of Cards' Prompts Takeover (Update2) - Bloomberg
Sept. 9 (Bloomberg) -- Fannie Mae and Freddie Mac used accounting rules that created a ``house of cards'' as the housing market descended into its worst slump since the Great Depression. While the two largest mortgage-finance companies met regulatory ...