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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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Burlington mortgage quotes news:
Financial News
Opposition takes hit as Tories move to cut $27-million subsidy for ... - Globe and Mail
What Harper should do is deny the vote in the next election to anyone who didn't vote in this past election. Then Harper's enthusiasts would have a commanding -- well, marginal -- advantage next time. Who needs democracy when you're a self-righteous ...

Holding A Candle To Buffett - Forbes
Like everyone else, Warren Buffett 's equity portfolio, year-to-date, has sustained serious damage. Not to worry! Unlike headmen at banks, brokerage houses and insurance conglomerates, nobody's throwing Warren out of his house (I assume no mortgage ...

Racism not relegated to rural America - Ironton Online
U.S. Rep. John Murtha made a comment Wednesday about a region of his state of Pennsylvania that raised a few eyebrows. Citing race as the lone factor why some voters in the western part of the state will not vote for Democratic presidential candidate ...

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