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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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Russell home equity loans news:
Financial News
Stocks tumble, moved by banks and builders - Allentown Morning Call
Stocks tumbled, sending financial shares to their worst drop in eight years, after home sales slid more than forecast and investor Bill Gross predicted the housing slump will cost banks and brokerages $1 trillion. Citigroup Inc. , Bank of America ...

City National Corp. Reports Second-Quarter 2008 Net Income of $35.5 ... - MSN MoneyCentral
Company Maintains Dividend of $0.48 Per Share Assets Exceed $16 Billion for the First Time LOS ANGELES, July 24, 2008 (PRIME NEWSWIRE) -- City National Corporation (NYSE:CYN), the parent company of wholly owned City National Bank, today reported ...

U.S. Stocks Drop as Financials Have Biggest Decline in 8 Years - Bloomberg
July 24 (Bloomberg) -- U.S. stocks tumbled, sending financial shares to their worst drop in eight years, after home sales slid more than forecast and investor Bill Gross predicted the housing slump will cost banks and brokerages $1 trillion ...

U.S. Stocks Drop, Led by Banks, on Housing Concern; Ford Falls - Bloomberg
July 24 (Bloomberg) -- U.S. stocks fell for the first time in three days, led by banks and brokerages, after home sales decreased more than forecast and investor Bill Gross predicted the housing slump will cost financial firms $1 trillion. Citigroup ...

Blue River Bancshares, Inc. Announces Increased Dividend and 2nd ... - Forbes
SHELBYVILLE, Ind., July 24 /PRNewswire-FirstCall/ -- Blue River Bancshares, Inc. (OTC Bulletin Board: BRBI) today announced that a quarterly dividend of $.035 per share was declared by the Board of Directors, payable September 1, 2008, to ...

Western Alliance Reports Net Income of $2.4 Million or $0.08 Per Share ... - MSN MoneyCentral
Western Alliance Bancorporation reported net income of $2.4 million for the second quarter 2008, down 41.7 percent from $4.1 million for the first quarter 2008 and 69.6 percent from $7.9 million for the second quarter 2007. Second quarter results ...

WaMu gyrates on downgrades, capital concerns - Forbes
NEW YORK (Reuters) - Washington Mutual Inc (nyse: WM - news - people ) shares gyrated Wednesday after the largest U.S. savings and loan said it doesn't need more capital, though its $3.33 billion quarterly loss prompted analyst downgrades and a call ...

Look for economic - Daily Territorial
The financial troubles in the United States are far from over. The economic downturn, probably already a recession, could last deep into 2009, with rising unemployment and continuing business failures. That’s the view of several economists. "This ...

The Green Shaft oil boom is about to hit Ontario. - Globe and Mail
r b from Calgary, Canada writes: Knees are knocking - but not at CPC headquarters. The Liberal brass has worked feverishly to shammy up Dion, and the feeling is that this is as good as he is going to be. And they are absolutely terrified of that fact ...

E-mail this story - Minneapolis Star Tribune
Remember the 1990s tech boom? Well, if 2007 is remembered for anything besides the subprime debt meltdown, perhaps it will be the fertilizer boom. Among Minnesota's biggest public companies, shares of global fertilizer giant Mosaic jumped 342 percent ...

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