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School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

CapeCodToday Blog Chowder - Cape Cod Today
"If others were involved with the accused, let them charge them and join him in prison whatever the cost." It's very obvious others were involved. They found three sets of DNA under her fingernails, and DNA on her shoe that matched no one they tested ...

Japan announces stimulus package - International Herald Tribune
HONG KONG : Japan announced a new stimulus package on Thursday that includes $51 billion to help households and businesses, the boldest of several measures that officials took to try to stanch the fallout from the global credit crisis, and prompting ...

South Korea braces for crisis fallout - International Herald Tribune
SEOUL, South Korea : As financial turmoil spreads around the world, South Korea may prove to be one of the most vulnerable countries in Asia. With its banks facing potential trouble, its currency and stocks reeling and consumer debt on the rise, the ...

Local mall operator says it's at risk for default - Boston Globe
The mall operator whose portfolio includes such local shopping centers as Natick Collection (above), Faneuil Hall Marketplace , and Providence Place warned that it faces solvency trouble. Shares of General Growth Properties Inc. fell yesterday after ...

Minorities in loan crush: Hopeful home owners hit hard by credit ... - New York Daily News
Bronx homeowners and homebuyers are having more trouble obtaining credit than their counterparts in any other borough, with black and Hispanic buyers suffering the worst, according to a new report. The Bronx saw the largest drop in the number of home ...

South Korea Cuts Rate to 4% to Stave off Recession (Update1) - Bloomberg
Nov. 7 (Bloomberg) -- The Bank of Korea lowered interest rates for the third time in four weeks and signaled it's ready to act again to prevent the economy from sinking into the first recession in a decade. The nation's shares and currency rose. The ...

South Korea Bank Aid Helps Weather Turmoil, S&P Says (Update1) - Bloomberg
Oct. 21 (Bloomberg) -- South Korea's $130 billion financial- aid package will improve banks' ability to arrange overseas loans and help the nation avert a repeat of the 1997 financial crisis, the three main ratings companies said. Moody's Investors ...

Bush Stands By Petraeus; New Showdowns With Hill Loom - US News and World Report
In remarks at the White House yesterday morning, President Bush said he would give Gen. David Petraeus "all the time he needs" in Iraq before proceeding with further reductions in US troop levels. Bush also said, as the CBS Evening News reported ...

Cape-Fort Myers foreclosures rate highest in the nation - Naples Daily News
The Cape Coral-Fort Myers area had the highest rate of foreclosures in the nation in January, a mortgage research firm said. Charlie Green, the Lee County Clerk of Courts isn’t surprised by the new distinction. Green is having to request an ...

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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.

    View all Terms
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