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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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Hutchinson mortgage quotes news:
Financial News
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Is Japan's 'lost decade' a window to the future? - Globe and Mail
Kid Dingo from Canada writes: I agree with both teh previous posters - gratutitous bulldust blown up by the ignorant students from the School of Lazy & Ill-informed Journalism. Japan's flimsy banking system was the major cause of that nation's ...

Palin: I'm not a 'bubble-head' - Boston Globe
In the new People magazine, Sarah Palin hits back at portrayals of her as something of a dim bulb. While she couldn't name a newspaper or magazine she reads when Katie Couric of CBS asked her, Palin said she has always been a "voracious reader." "You ...

What must John McCain’s endgame strategy be? - Atlanta Journal Constitution
At this point, John McCain’s message must be entirely about buyer’s remorse. Barack Obama is the least-experienced presidential candidate in modern history, has never had to handle a crisis, and would take office in the middle of an economic ...

If You're Losing the Game, Choose a Different Game - Huffingtonpost.com
In another wild week in American politics, Republican presidential nominee Sen. John McCain began the week on the losing end of public opinion polls, unscripted comments by his surrogates, more reports of his links to lobbyists and a tanking economy ...

Desperate in NH: Fibbing About Obama and Iraq? - Common Dreams
Campaigning in Dover, New Hampshire the day before the primary, Senator Hillary Clinton once again pounded Barack Obama for being big on talk and small on deeds. And before a crowd that could barely fill half of a modest-sized gymnasium, she ...

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