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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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Blue Earth mortgage rates news:
Financial News
Fear of 60 - Slate
Fear of 60: If there's a good chance that the Dems will achieve a theoretically filibuster-proof majority of 60 in the Senate, shouldn't that change the dynamic of the race? It certainly changes the nature of the prospective Obama presidency. It ...

October 2008 - ABC News Blogs
Four weeks out, what does it say that . . . Team McCain is hoping that Bill Ayers has one last bomb in him -- just enough to blow up the presidential race? . . . That it’s the McCain campaign that has to telegraph its intentions to keep the base ...

France seeks €300bn rescue fund for Europe - Times Online
France heaped pressure on Gordon Brown last night by floating an ambitious plan for a €300 billion (£237 billion) bailout fund to rescue crippled banks across Europe. As the world held its breath on the fate of America’s $700 billion bank ...

Green Tech - CNET News
Last week, the Bush administration proposed a three-page bill to bail out Wall Street to the tune of $700 billion. It died in the U.S. House of Representatives earlier this week. On Friday, though, the House approved a far bigger, broader, and ...

L.A. listing prices flat, inventory inches higher - Los Angeles Times Blogs
Median listing prices in Greater L.A. were essentially flat over the last week, falling $100, as the inventory of unsold homes and condos inched slightly higher, according to Housing Tracker's analysis of MLS listings. Highlights: -- Median listing ...

A Second Order of ‘Crap Sandwiches’? - ABC News Blogs
Meeting privately with his fellow House Republicans Sunday night, House Minority Leader John Boehner, R-Ohio, infamously described the economic rescue package as a "crap sandwich" that he was nonetheless serving to his members, and asking them to ...

Analysis: America Loses Its Dominant Economic Role - Free Internet Press
The banking crisis is upending American dominance of the financial markets and world politics. The industrialized countries are sliding into recession, the era of turbo-capitalism is coming to an end and U.S. military might is ebbing. Still, this is ...

Why our banks are vulnerable - bbc
The most important markets announcement this morning is that the Irish government has placed an unlimited two-year guarantee on all deposits and some debt in six Irish banks, to "safeguard the Irish financial system". The emergency measure follows an ...

More on an Obama surge: Black Georgians nearly match whites in new ... - Atlanta Journal Constitution
Secretary of State Karen Handel is on record saying that there is no giant surge of voter registration in Georgia — and in the largest context, she’s right. Newly released figures from her office show that 406,379 new voters registered between ...

Top lawmakers think revised bailout plan will advance - Rocky Mountain News
U.S. Republican presidential nominee, Arizona Senator John McCain, delivers a statement on the financial situation before taking part in a business economic roundtable discussion with local business leaders on September 30, 2008 at the EFCO ...

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