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Obama's plan to change the economy - Salon
In the past quarter-century, there has probably never been a better time for a presidential candidate to charge into downtown Manhattan and make a speech arguing for more regulation of the financial industry. The moral authority of market ...

Boy Developer Ben Shaoul Wants to Live Forever - New York Observer
Instead of finishing community college, Ben Shaoul bought up his first building at age 19. Eleven years later, he controls over 1,000 rental units, is finishing up three new condos, and is about to erect his first hotel. A small real estate family ...

Health care costs hitting harder for Washington residents - Everett Herald
More than a million people in Washington state -- about one in four adults under age 65 -- are expected to spend more than 10 percent of their income on health care next year, according to a national study released Tuesday. The increase in health ...

Frank Raines - Slate
Mistakes Were Made! Frank Raines--Rhodes scholar, Harvard Law, Lazard Freres, potential future Treasury secretary, etc.--has blotted his copybook at Fannie Mae. (His bio has already ignominiously disappeared from its former spot on Fannie Mae's Web ...

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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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