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News about Mortgages:
Kia May Use Cash to Repay Euro Bond Next Month, Analysts Say - BloombergOct. 7 (Bloomberg) -- Kia Motors Corp. , South Korea's second-biggest carmaker, may repay 300 million euros ($408 million) of debt coming due in November with cash reserves or bank loans as the global credit crunch makes selling new bonds difficult ...
Korean Won Falls to Seven-Year Low; Government May Use Reserves - BloombergOct. 7 (Bloomberg) -- South Korea's won slumped to a seven- year low on speculation turbulence in global financial markets will prompt investors to steer clear of emerging-market assets. The currency, Asia's worst performer this year, tumbled as much ...
Bailout bucks aren't designed to bail you out - News-PressThat's the message from experts who say individuals with mortgage problems should not count on any of the $700 billion authorized by Congress two weeks ago to go directly for their benefit. Instead, concentrate on keeping your payments current and if ...
South Korean banks are vulnerable, analysts say - International Herald TribuneSEOUL : As the global financial crisis picks off victims among U.S. and European financial institutions, analysts fear that South Korean banks could be the next casualties. The concerns have come as something of a shock to ordinary South Koreans, who ...
ANALYSIS-Are Korean banks next in line for govt rescue? - ForbesSEOUL, Oct 9 (Reuters) - As the global financial crisis picks off victims among U.S. and European financial institutions, analysts fear South Korea's banks could be the next casualties. The concerns have come as something of a shock to ordinary South ...
Underwater’ borrowers sign of more trouble - News-PressThe relentless slide of home prices in Lee County has left almost half of recent buyers owing more on their mortgages than the home is worth — a sure-fire recipe for a new wave of foreclosures, experts say. Worst off are those who bought homes in ...
Iceland suspends stock trading, creates new bank - Rapid City JournalREYKJAVIK, Iceland - Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank _ the third to be placed under its protective umbrella _ on Thursday as it grappled with a banking crisis that is ...
Struggling Iceland takes control of third bank - Rapid City JournalREYKJAVIK, Iceland - Iceland's government took control of the country's largest bank Thursday as it struggled to prevent an all-out collapse in its overweight banking system. The decision to take over Kaupthing means that all three of Iceland's major ...
Light Rail Lines - Primebuzz.kcstar.comA hub of news, discussion and analysis of light rail in KC . Submitted by liberal socialist on October 9, 2008 - 8:39pm. I want the polls to stay close up until election day. If it isn't close, a lot of people won't show up to vote. Submitted by ...
British taxpayer to be tied into £50bn bank bailout - Times OnlineTaxpayers will be committed today to providing more than £50 billion to bail out high street banks in an attempt to avert a cataclysmic failure of confidence. Alistair Darling was due to tell the City in an early morning announcement today that the ...

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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 |