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News about Mortgages:
California quake could hit mortgage lenders -Aon - guardian.co.ukCalifornia quake could hit mortgage lenders -Aonguardian.co.uk, UK - Jan 7, 2009In its Annual Global Climate and Catastrophe Report, Aon Benfield said widespread defaults could follow a big quake because US mortgage giants Fannie Mae ...
US stock index futures point to gains; focus on oil - ReutersUS stock index futures point to gains; focus on oilReuters - Dec 29, 2008The Nasdaq Composite Index .IXIC added 5.34 points, or 0.35 percent, to 1530.24. (Reporting by Blaise Robinson; Editing by Mike Nesbit)
Are the 1920s back? - Chicago Sun-TimesAre the 1920s back?Chicago Sun-Times, United States - Dec 26, 2008BY DAVID MACK - Special to the Sun-Times The subprime mortgage debacle is worse than even the economists anticipated, said Jordan Shifrin, chairman of the ...
Timbercreek Mortgage Investment Corporation Announces Closing of ... - Canada NewsWire (press release)Timbercreek Mortgage Investment Corporation Announces Closing of ...Canada NewsWire (press release), Canada - Dec 16, 200816 /CNW/ - Timbercreek Mortgage Investment Corporation (the "Fund") announced today it has completed its public offering of 1003480 Class A Shares of the ...
Condo boards can have trouble policing a 'no renter' rule - Chicago Daily HeraldCondo boards can have trouble policing a 'no renter' ruleChicago Daily Herald, IL - Dec 25, 2008Jordan Shifrin is an attorney with Kovitz Shifrin Nesbit in Buffalo Grove. Send questions for the column to him at jshifrin@ksnlaw.com. ...
Intesa Sanpaolo completes 13 bln euro securitisation - ReutersIntesa Sanpaolo completes 13 bln euro securitisationReuters - Jan 2, 2009Banca IMI also acted as lead manager and book runner. ($1=.7147 euros) (Reporting by Stephen Jewkes; Editing by Mike Nesbit)
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