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Emerging Market Debt Costs Jump in Week, Hastening IMF Bailouts - BloombergEmerging Market Debt Costs Jump in Week, Hastening IMF Bailouts By Laura Cochrane and Lester Pimentel Nov. 21 (Bloomberg) -- Developing nations' borrowing costs rose the most in a month this week, hampering the ability of governments to refinance $1 ...
Just the Facts... - Safe HavenFor the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...
Loan drought hits European suppliers - Financial TimesFurther signs emerged on Thursday that a pullback on lending by banks has pushed many European companies to the brink of collapse. The German carmakers association, the VDA, on Thursday complained that banks were withdrawing credit lines or making ...
A new set of financial skittles is ready to fall - Times OnlineThe financial earthquakes in America, Britain and Western Europe are rumbling on, but after the government rescues that began with Gordon Brown's bank bailout, there is no doubt that the basic structures of these advanced economies will remain intact ...
The Great Depression - how close are we? - San Francisco GateAmericans binge on credit in a mania of speculation and consumption until the debt-fueled bubble bursts. Wall Street has a meltdown, the mania turns to hysteria, and the economy goes haywire. SF Gate polls are strictly surveys of those who choose to ...
An Invitation to Our Readers - BusinessWeekEarlier this year, we launched a new and innovative feature on BusinessWeek.com to prominently highlight the insights of our readers. Called In Your Face , it calls attention to the most substantive comments left on our site by our readers. Not only ...
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