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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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Grand Forks mortgage quotes news:
Financial News
Paradox of bank bailout - bbc
In saying that there's a case for nationalising the entire British banking system , John McFall - the chairman of Commons Treasury select committee - has shone a light on the paradox of the recent global rescue of the world's biggest banks ( listen ...

George's Bottom Line - ABC News Blogs
It was all designed to get voters comfortable with the idea of Barack Obama in the Oval Office, that he is embedded in the lives of average Americans, and knows exactly what they're going through. Obama even appeared in a facsimile of the White House ...

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