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News about Mortgages:
Street of risk and loss - San Diego Union-TribuneIt produced easy money for specula-tors and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. Few streets in the county have witnessed as dramatic a turnaround as Little Lake. Nestled in the heart ...
People of modest means hitched hopes on Little Lake Street - San Diego Union-TribuneIt produced easy money for speculators and mortgage brokers and short-lived happiness for families who bought houses they couldn't afford to keep. NELVIN C. CEPEDA / Union-Tribune A "repo" bus tour through Otay Ranch stopped recently on Little Lake ...
Bailout goes from necessary to nightmarish - Atlanta Journal ConstitutionThat $700 billion financial sector bailout that I supported — and do still, but with an exit strategy — is a nightmare in the making. Look what’s happened since the first of the month: Atlanta Mayor Shirley Franklin, smelling a bailout handout ...
Forsyth hasn’t made bond deal, but it has raised taxes - Atlanta Journal ConstitutionThe crisis on Wall Street has temporarily stalled Forsyth County’s plans to borrow $100 million for dozens of park projects approved by voters in February. Local taxpayers would never know it though. They’ve already been hit with higher tax bills ...
General Growth Interim Chief Metz Replaces Bucksbaum (Update3) - BloombergOct. 27 (Bloomberg) -- General Growth Properties Inc., the Chicago-based shopping-mall owner whose shares have fallen 95 percent this year, replaced Chief Executive Officer John Bucksbaum , who resigned yesterday, with interim CEO Adam S. Metz ...
Options to solve credit challenges - Atlanta Journal ConstitutionWith mortgage delinquencies on the rise, many lenders are tightening their standards, even cutting out 100 percent financing altogether. In some cases, even borrowers with great credit are having to work harder to justify loan amounts. So what ...
County votes heavy turnout - Hope StarHempstead County voters went to the polls today in droves, a prospect portended for the past two weeks as early voting took on seemingly record proportions, and local voters joined the nation in finalizing their political choices for 2008. Polls ...
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