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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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Perkins mortgage loan news:
Financial News
'Excellent credit to bankruptcy' in two years - News-Leader.com
Hoping to earn $50,000 in three years to help pay for their son's college education, an Iowa couple joined what was described as a risk-free housing investment program run by a Springfield company -- only to find their lives in financial ruins two ...

The lowdown on higher education - Austin American-Statesman
The entry titled "Education secretary addresses financial aid." I’m not in the habit of reprinting speeches on this blog. But I’ll make an exception in this case. U.S. Education Secretary Margaret Spellings spoke at the Federal Student Aid ...

U.S. Secretary of Education Margaret Spellings Delivers Remarks to the ... - ed.gov
U.S. Secretary of Education Margaret Spellings delivered remarks today to the Federal Student Aid Conference in Las Vegas, Nev. Secretary Spellings discussed action taken by the Administration to promote college accessibility, affordability, and ...

Travis Perkins says building trade deteriorates, scraps dividend - Daily Telegraph
Profit before tax and exceptional costs will be at the bottom end of forecasts this year, Travis Perkins said. Exceptional charges may rise as a result of the plans to reduce costs by £65m. Travis Perkins said it has ``significant headroom'' in its ...

How to Find the Best Loan Deals - US News and World Report
Stick with the federal educational loan programs —Perkins and Stafford for students and PLUS for parents, says Stuart Siegel, a private counselor in Erie, Pa. While the federal loans have fixed rates ranging from 5 to 8.5 percent, private or ...

UPDATE 3-MOVES-Deutsche Bank, JPMorgan Chase, FASB - Reuters
Sept 26 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. DEUTSCHE BANK (DBKGn.DE: Quote , Profile , Research , Stock Buzz ) The ...

What kind of aid is out there? - CNN Money
Even if you follow a regular savings plan for college, you may still come up short. Rest assured, you won't be alone. During the 2003-2004 academic year, the federal government, states, individual schools, and private lenders offered more than $122 ...

Bank of England hopes discount window plan will end 'witch hunts' - The Independent
Labour 'broke' the economy, says Cameron Today in Politics: Cameron ends the truce James Daley: A volatile time for our pensions – but this is not the time to panic London shares climbing again French bank loses €600m in 'market incident' Dominic ...

Borders' Icelandic debts force refinancing as key Christmas period ... - The Independent
Labour 'broke' the economy, says Cameron Today in Politics: Cameron ends the truce James Daley: A volatile time for our pensions – but this is not the time to panic London shares climbing again French bank loses €600m in 'market incident' Dominic ...

UK plc battens down the refinancing hatches - Financial Times
The credit crunch continued to beset the construction industry yesterday as problems in obtaining loans affected builders and their clients. The lack of mortgage availability, local authority money stranded in Icelandic banks and other effects of the ...

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