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Towards an inflationary twilight zone - Asia Times OnlineTowards an inflationary twilight zoneAsia Times Online, Hong Kong - Jan 7, 2009In the tradition of monetarism (see Henry Thornton 1802, Knut Wicksell, 1896), Simons, Fisher, to be followed later by Milton Friedman, Maurice Allais, ...
Stop The Bonuses - ForbesStop The BonusesForbes, NY - Jan 5, 2009This scenario turns Milton Friedman's excellent point about the "social responsibility" of business on its head. Friedman correctly suggested that a ...
Inaugural hope, but America is in shock - Huffington PostInaugural hope, but America is in shockHuffington Post, NY - Jan 7, 2009No sooner had Milton Friedman been laid to rest (he died in 2006) than John Maynard Keynes was resurrected. Amazingly, even the historical aversion to ...
Art valuer Rosemary Hassall defrauds clients but escapes jail - Courier MailArt valuer Rosemary Hassall defrauds clients but escapes jailCourier Mail, Australia - Jan 7, 2009Mr Power said that although one of the men was wealthy and could absorb the loss, the other had been forced to take out a second mortgage on his home. ...
CASE UPDATES: Convicted broker heading to the Dells - MyWebTimes.comCASE UPDATES: Convicted broker heading to the DellsMyWebTimes.com, IL - Jan 2, 2009Jeff Trochowski was charged in June in a federal crackdown on mortgage fraud and pleaded guilty in October. As a suburban mortgage broker, ...
Ogilvy mass firings today - Tribble Ad Agency (satire)Ogilvy mass firings todayTribble Ad Agency (satire), PA - Jan 6, 2009... mortgage payments, kids, credit cards and cell phone bills that now will go unpaid, furthering the economic disaster. Perhaps Milton Friedman was right, ...
The great divide - Seattle TimesThe great divideSeattle Times, United States - Jan 7, 2009Quite another to pass on giving Milton Bradley $30 million over three years. Bradley is getting Raul Ibanez type money because, like Ibanez, he's going to ...
The economy crumbled - SalonSalonThe economy crumbledSalon - Jan 1, 2009But it was also an awful year for market fundamentalists, deregulators, supply-siders and acolytes of Milton Friedman and Ayn Rand. Their three-decade-long ...
Unusual tools to combat economic woes - Pottstown MercuryUnusual tools to combat economic woesPottstown Mercury, PA - Dec 29, 2008That’s the intention of the Fed’s just announced plan to buy $600 billion in debt and mortgage-backed securities from mortgage-giants Fannie Mae and Freddie ...
Something New to Worry About: Deflation - New York Times BlogsABC NewsSomething New to Worry About: DeflationNew York Times Blogs, NY - Dec 19, 2008Think of it this way: Say you earn $50000 a year, and have a $200000 mortgage. If there is heavy deflation, prices and salaries fall. ...Video: Dec. 16: Stocks Surge on Record Fed Rate Cut AssociatedPressShock-and-Awe Easing National Review OnlineDesperate times: how the Fed plans to save the world guardian.co.ukRGE Monitor - CounterPunch
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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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