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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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Mineral mortgage quotes news:
Financial News
The Boom Was a Bust for Ordinary People - Common Dreams
I t begins to sound a bit naughty -- all this talk about the need to "stimulate" the economy, as if we were discussing how to make a porn film. I don't mean to trivialize our economic difficulties or the need for effective government intervention ...

April 2008 - Weekly Standard
Nearly half of Democrats (48 percent) think Hillary Clinton has a better chance of beating John McCain in November — 10 percentage points higher than the 38 percent who think Barack Obama can win, according to a FOX News poll released Wednesday ...

Missing Issue: The Economy - Nation
On the verge of a recession, with the unemployment rate rising and job growth screeching to a near-halt, you'd think the economy would have been centerstage in Saturday's marathon debates. But there wasn't enough attention paid. Where were the sharp ...

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