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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. View all Terms

Barron home equity loans news:

American Express: Nowhere Near Its Credit Limit - Barron's Online
THE CREDIT CRISIS AND THE DEEPENING RECESSION have dealt a double blow to American Express , which has long been viewed as one of the globe's leading financial companies, due to its enviable card business and consistently high returns. AmEx shares ...

Words from the (Investment) Wise for the Week That Was (November 17 ... - Safe Haven
A new bout of fear gripped financial markets during the past week, causing the slide in global stocks, commodities and emerging-market assets to deepen. As investors' angst escalated, positions in risky assets were liquidated in exchange for ...

Sifting Cautiously Through the Ruins - Barron's Online
DURING HIS 40-YEAR CAREER, HOWARD MARKS has developed a reputation as a shrewd investor, most notably in distressed debt. Marks, 62, is chairman of Oaktree Capital Management, a multistrategy Los Angeles-based money manager with roughly $60 billion ...

Church hierarchy stalled priest ousters, Weakland testifies - Milwaukee Journal Sentinel
Nov. 20, 2008 2:34 p.m. | Now-retired Archbishop Rembert Weakland, in a videotaped deposition released today, said his attempts to oust sexually abusive priests from the priesthood was stalled by a protective church hierarchy despite his pleas for ...

Miller Electric to eliminate 95 jobs - Milwaukee Journal Sentinel
Nov. 19, 2008 | Appleton-based Miller Electric Mfg. Co. said today it will eliminate 95 jobs, or about 6% of its 1,500-person work force in response to the national economic situation and the slowing demand for Miller's commercial and industrial ...

Centennial, MBIA, Rowan, Sotheby's, USG: U.S. Equity Preview - Bloomberg
Nov. 9 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading tomorrow. Stock symbols are in parentheses, and share prices are as of 5:30 p.m. in New York on Nov. 7, unless otherwise specified. Standard & Poor's 500 ...

Do As I Say, Not as… - Barron's Online
BLACKSTONE GROUP CEO STEVE SCHWARZMAN doesn't believe that financial companies should be forced to put market prices on hard-to-value assets during difficult periods like the current depressing stretch. Schwarzman's opposition to "mark-to-market ...

Hatching a New Plan of Attack - Barron's Online
LONDON'S MAYFAIR DISTRICT IS KNOWN for flamboyance and high living. But neither was in evidence at a two-day hedge-fund conference held near there recently. Day One's postsession cocktail gathering lasted hardly an hour. Backslapping was out; worried ...

Mortgage problems for the self-employed - BusinessWeek
Alt-A mortgages were designed for people with good credit who had trouble documenting their income — people like the self-employed. Not as risky as subprime but not quite prime either, Alt-As made some news recently because they’re part of what ...

Shares in mortgage giants plummet - Baltimore Sun
NEW YORK - Shares of Fannie Mae and Freddie Mac tumbled in New York trading yesterday to the lowest levels in nearly two decades as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders ...