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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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Professors and Politics (Again) - Inside Higher Ed
Today’s research will be released as part of a day-long conference, “Reforming the Politically Correct University,” being held at the American Enterprise Institute. Two of the papers were released in advance and (judging from paper titles) they ...

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