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Bradley Greenwood Hodges Ninety Six Troy Ware Shoals
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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Greenwood refinance mortgage news:
Financial News
Public loan programs take center stage at forum - Charleston Post & Courier
The once-torrid affair between homebuyers and purely private financing sources is over. The financial markets have lost that loving feeling with mortgage-backed securities, forcing a tightening of lending standards. So last week, local real estate ...

'REVISE STAMP DUTY NOW TO AID MARKET' - Estate Agency News
CALLS for the Government to revise Stamp Duty to aid the housing market are increasing as house prices continue to tumble in the wake of the credit crunch. House prices in June were down one per cent on May according to figures from the Land Registry ...

Undue haste by Rudd - The Australian
KEVIN Rudd calls it an unprecedented decision in the history of the commonwealth and describes it as decisive action to maintain the stability of financial markets. He is, of course, talking about the October 12 blanket guarantee of all deposits in ...

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