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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. View all Terms

Shelby mortgage loans news:

GM, Ford, Chrysler CEO Jobs May Hinge on Bailout Plan (Update3) - Bloomberg
Dec. 1 (Bloomberg) -- General Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S ...

Automaker CEOs prepare for new bailout appeal - Asbury Park Press
General Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S. House Speaker Nancy ...

GM, Ford, Chrysler CEO Jobs May Hinge on Bailout Plan - Daily Business Review
eneral Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S. House Speaker Nancy ...

Citigroup Rescue Charts New Course for Bank Bailouts (Update1) - Bloomberg
Nov. 25 (Bloomberg) -- The U.S. government’s emergency rescue of Citigroup Inc. offers a new model for bank bailouts: explicitly insuring against losses on toxic assets, with taxpayers footing the bill. The Citigroup plan extends the federal ...

Citi bail-out charts new US rescue course - The Age
The US government's emergency rescue of Citigroup offers a new model for bank bail-outs: explicitly insuring against losses on toxic assets, with taxpayers footing the bill. The Citigroup plan extends the federal commitment beyond the previous ...

Citi dodges bullet - CNN Money
NEW YORK (CNNMoney.com) -- The U.S. government on Sunday announced a massive rescue package for Citigroup - the latest move to steady the banking giant, whose shares plunged in the past week on fears about the bank's health. The plan has two key ...

Heckuva Bailout: Citi and AIG Will Still Pay Hundreds Of Millions In ... - Huffingtonpost.com
In his press conference today, Obama says he wants Detroit automakers to come up with a "plan" before they can receive a bridge loan that will keep three million jobs from being lost as we teeter on the edge of a global depression. I guess this is ...

George's Bottom Line - ABC News Blogs
George Stephanopoulos reports on events in politics, Congress and the White House for ABCNews, on the air and online. He interviews top newsmakers, discusses the events of the week and looks to the week ahead each Sunday on 'This Week.' President ...

How to Save Motor City - Nation
General Motors workers test equipment along the assembly line. A lame-duck Congress balked on November 20 over a bailout for the auto industry, saying no action could be taken until the Big Three produced a viable plan for their own salvation. This ...

How About Let's Not Demagogue The Auto Industry Crisis? - Nation
Michael Scherer over at Swampland writes today about what a swell idea it would be to have Mitt Romney, who has been demagoguing the auto industry crisis, as "auto czar." (Mitt's dad was head of an auto maker that is no longer in business, I guess ...