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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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Jefferson refinance mortgage news:
Birmingham Mayor Larry Langford Faces Bribery Charges (Update2) - BloombergDec. 1 (Bloomberg) -- Birmingham, Alabama’s mayor was charged with bribery and money laundering in connection with municipal bond and derivative deals while he was president of the Jefferson County Commission, according to an indictment unsealed ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
U.S. Treasury rejects Jefferson County's bailout proposal - Birmingham NewsThe U.S. Treasury has refused to back a large portion of Jefferson County's sewer debt with a federal guarantee, Gov. Bob Riley said Tuesday, closing off one of the county's options for avoiding bankruptcy. Also Tuesday, county commissioners voted 3 ...
Jefferson County seeks federal bailout - Birmingham NewsWASHINGTON - It's known widely as the $700 billion Wall Street bailout, but Gov. Bob Riley and Jefferson County officials have a broader interpretation of the new economic rescue law: insurer of local government sewer debt. If their request for such ...
Losing it all: Subprime loan mess slamming doors on homebuyers in ... - Lynchburg News and AdvanceYou wouldn’t expect a $1 million home on Easy Street on Smith Mountain Lake to end up in the same situation as a $20,000 house from inner-city Lynchburg. One was built as a lakeside mini-mansion in 2006. It has 5,200 square feet, granite ...
Banks remain wary; some states blackballed - Traverse City Record-EagleWASHINGTON (AP) -- Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow -- even for those with good credit. Mortgage insurers, whose backing is required for borrowers who can't ...
What is the single most important ramification of the election? - Atlanta Journal ConstitutionBefore I tackle this week’s topic, I must first congratulate Barack Obama. Even the election of a man with whom I deeply disagree makes me proud to be an American. I will probably object to his policy priorities, but the ascendance of our first ...
Constitution candidate uneasy about entitlements - Columbia MissourianJEFFERSON CITY — James Rensing, the Constitution Party candidate for lieutenant governor, acknowledges he might not be the obvious choice for office. But, he said, many residents cast a vote for Republicans or Democrats each election without ...
Metro forced to remedy $59M in bonds - Nashville City PaperA potential loan agreement between Metro and the Clarksville Public Building Authority came after a German bank had its rating downgraded, leaving Metro looking at a ballooning repayment rate on $59 million in variable-rate bonds. When the German ...
Light Rail Lines - Primebuzz.kcstar.comA hub of news, discussion and analysis of light rail in KC . Submitted by liberal socialist on October 9, 2008 - 7:39pm. I want the polls to stay close up until election day. If it isn't close, a lot of people won't show up to vote. Submitted by ...
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