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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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Fairfield refinance mortgage news:
Financial News
More Business - San Francisco Gate
"A house is only worth what the bank says," said Terry Hastings, a partner at Hamilton Mortgage, in Ridgefield, Conn. "It's not worth what the buyer says anymore." Mortgage lenders determined to stave off additional losses are demanding more thorough ...

Helensvale, Gold Coast, feels mortgage pain, Fitch Ratings says - News.com.au
HELENSVALE, on the Gold Coast, has been named as the most mortgage-stressed suburb in Australia by the global ratings agency Fitch Ratings. The Gold Coast and Sydney's Vaucluse have joined southwestern Sydney as the areas suffering the most from ...

Faces Of Foreclosure - San Francisco Gate
Hahn and his wife, Vanessa, walked away from the house this summer because the $5,000 monthly payments were as much as their take-home pay. They put it on the market and moved to Los Angeles, where Hahn had a good job lined up. They started off ...

The Greening of Hartford - Hartford Advocate
Imani Zito: making a hybrid business. Imani and John Zito have created an oasis of green businesses on New Britain Avenue across from Trinity College. Think of it as an urban homestead, where their six home-schooled children play and study and ...

Suspect sought in shooting - Milwaukee Journal Sentinel
Nov. 7, 2008 | Milwaukee police continue to seek a shooter who left a 19-year-old man in critical condition during an altercation that might have been drug-related last night. Investigators said that the victim remains hospitalized after being shot ...

INDUSTRY NEWS & PEOPLE July 2007 - Business Travel Executive
The Association of Corporate Travel Executives has named Jerome Drevon-Barreaux, global travel manager for Capgemini, as the new regional chair of ACTE Europe. A more than 10 year veteran of the business travel industry, Drevon-Barreaux directs a T&E ...

Obama wins Wisconsin - Milwaukee Journal Sentinel
The early call suggested the state's recent history of razor-thin results has ended. A spate of recent polls showed Obama with a double-digit advantage over Republican John McCain. Obama was the choice of 58% of Wisconsin voters, with McCain getting ...

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