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Business Highlights - Boston Globe
NEW YORK (AP) -- Investors are betting that time is running out for Fannie Mae and Freddie Mac. Shares of the mortgage finance companies lost more than a fifth of their value on Wednesday as fears mounted that the companies will soon need government ...

QIB eyes $300mn in Islamic bonds - Gulf Times
QATAR Islamic Bank, the country’s second-largest lender by market value, is considering selling Islamic bonds worth $300mn to refinance existing debt, two bankers said yesterday. The bank has mandated ABN Amro and Standard Chartered Bank to arrange ...

Wire Business Briefs - 08/21 - Riverside Press Enterprise
Energy companies bid hundreds of millions of dollars Wednesday to explore for oil and natural gas beneath 1.8 million acres in the western Gulf of Mexico, while looking forward to the possibility of future drilling in federal waters now off-limits ...

Everyone could use a gold star - Times-Argus
Executives at Accenture Ltd., an outsourcing and consulting firm, are giving their employees just that through a points-based rewards program, allowing them to cash in on recognition for work well done. Managers and supervisors have a budget of ...

Corporate liquidity risk to rise in 2010 - Business24-7
Liquidity risk for corporates in the EMEA and Asia-Pacific regions will become more pronounced in 2010 as various factors come into play, says a new study. In its 2008 Corporate Liquidity Study-EMEA and Asia-Pacific, Fitch says that corporates with ...

August 2008 - ABC News Blogs
ABC News' Scott Mayerowitz reports: Make all the Don Quixote jokes you want, but even New York City -- where the smallest parcel of land comes at a premium -- is considering windmills to help power the metropolis. Mayor Michael Bloomberg has proposed ...

News in Brief - San Jose Mercury News
Ross Stores, the owner of the Dress for Less discount chain, said second-quarter profit and sales rose after the slumping U.S. economy spurred consumers to seek out discounts on brand-name clothing and shoes. Net income climbed 40 percent to $71.3 ...

Top National News Right Now - WPRI
BRUSSELS, Belgium (AP) - Secretary of State Condoleezza Rice says NATO will not allow Russia to destabilize Georgia, intimidate other pro-Western governments in the former Soviet bloc or re-establish an Iron Curtain across Europe. Speaking to ...

01/16 - 01/23 (1) - Dakota Voice
Badlands Blue Dakota 21 Dakota Today DakotaWomen GraceLife Haggard News Hog House Blog Jay Reding.com Jim Rivers Report Mount Blogmore (RC Journal) Northern Valley Beacon Proud Liberal RadioActive Chief Rage in the Cage Robbinsdale Radical School-of ...

As foreclosures soar, dreams die - Orlando Sentinel
The one-time cattle county on Disney World's doorstep has recorded one foreclosure for every 184 residents so far this year -- compared with one for every 339 people in Orange County and one for about every 450 residents in Seminole and Lake counties ...

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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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