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Is now the time to refinance? - ABC Action NewsThe holidays are likely to be a little more cheery at Kevin Coughlin's home. Coughlin refinanced the adjustable-rate mortgage on his Shorewood, Minn., house this week into a 30-year fixed-rate mortgage that's going to save him $200 a month. "It takes ...
Refinancing still on hold for Appco parent - Johnson City PressThe Texas-based company that bought Appalachian Oil Co. (Appco) in September 2007 will have to wait out the weekend for an 11th-hour debt refinancing to help it overcome a recent cash crunch that has left area Appco convenience stores without gas and ...
Appco owner seeks refinancing to end cash crunch - Kingsport Times-News
Fed Refills Tool Kit Amid Growing Signs Of Long Downturn - Investors Business DailyThe U.S. economy ended the year in a steep decline with housing, service sector and factory activity all contracting, reports showed Tuesday, as the Federal Reserve signaled the year-old recession could persist well into 2009. Fed staff predicted U.S ...
Risky Business: 12 Stocks for 2009 - Wall Street JournalCall it the Great Investing Paradox of 2009. There's a multitude of cheap, worthwhile candidates in which to invest. But everyone's worried that the ugliness of 2008 could linger into the new year or beyond. Still, investing pros offer one answer to ...
Building up to a standstill - Philadelphia Business JournalWhen Liberty Property Trust decided last month to pull the plug on developing a $55 million headquarters for Advanta Corp. , the move brought to a screeching halt a process that started more than a year ago. It’s a scenario that will likely be ...
Big S&P Rally Means Low Probability of IPO Rebound Before 2011 - BloombergJan. 5 (Bloomberg) -- Even if the Standard & Poor’s 500 Index rallies 24 percent this year, there’s little chance of a similar rebound in U.S. initial public offerings. It may take until 2011 for the number of companies going public to return to ...
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