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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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Clinton mortgage rates news:
Financial News
States warned about impending mortgage crisis - MSNBC
More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic ...

Gov’t mulls plan to take ownership stakes in banks - WNYT
(AP) WASHINGTON - Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush ...

Gov't eyes plan to take ownership stakes in banks - KTAR.com
WASHINGTON (AP) - Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush ...

Blame Clinton for Fannie Mae breakdown - WorldNetDaily
There are many people to blame for the current economic crisis and the nearly $1 trillion taxpayer bailout designed to fix it. I believe Sen. Chris Dodd, D-Conn., and the chairman of the Senate Banking Committee, should have been forced to resign for ...

Federal Data Disproves Conservative Slams On Fannie Mae, Freddie Mac - Hartford Courant
WASHINGTON — - As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail ...

Hindsight Not Oversight - KELOLAND TV
Straight Talk Commentary – Members of the 110 th Congress took one of the most important votes in their legislative careers when voting on the ineptly portrayed Wall Street Bailout bill last weekend. With the financial markets in nearly full panic ...

McCain weighs proposal to cut taxes on investments - The Washington Times
WASHINGTON (AP) - A top adviser to Republican John McCain said Sunday the presidential hopeful is weighing new economic proposals to help the nation weather the financial crisis. Sen. Lindsey Graham, R-S.C., said McCain was considering policy ...

Many pieces go flying from mortgage implosion - Dallas Morning News
WASHINGTON – Your taxpayer credit card is on the counter, all set to get the economy moving again. Caveat emptor – let the buyer beware. The value of the mortgage-backed securities the federal government is set to buy is hard to decipher when the ...

Amy Schalet: On teen pregnancy, inhibitions are part of the problem - Minneapolis Star Tribune
Sarah Palin faced a variety of questions at last week's debate, but not the one I would have asked: "Should public school students be taught that contraception and condoms can prevent unintended pregnancy and disease?" Palin has referred to her ...

Exclusive: McCain plans new tax cuts - Politico.com
A McCain adviser said Sunday that new economic proposals will be rolled out this week, sometime after Monday. Grasping for a foothold on the economy, Sen. John McCain (R-Ariz.) plans to propose new tax cuts this week as part of an economic package ...

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