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Dow slips below 8,000 on growing fear of deflation - KTAR.com
WASHINGTON (AP) - A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial ...

In Brief - Vancouver Sun
EAST RUTHERFORD, N.J. - Cleveland's LeBron James became the youngest player to score 11,000 career NBA points in Tuesday's game against the New Jersey Nets. The Cavaliers forward needed 13 points to succeed Kobe Bryant as the youngest player to reach ...

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 ...

More people find refuge with FHA mortgages - Atlantic City Press
The U.S. housing agency created in the depths of the Great Depression is once again doing a brisk business helping stabilize the mortgage finance market. Demand for loans insured by the Federal Housing Administration is soaring, after years of being ...

HUD offering new program to prevent foreclosures - Atlantic City Press
The U.S. Department of Housing and Urban Development has begun offering a new program to help homeowners facing the risk of foreclosure. Starting this month, Hope for Homeowners will refinance the mortgages of qualifying homeowners having trouble ...

Offshore plans for natural gas terminal still on track - Newsday
The company that first proposed a liquid natural gas processing terminal in January 2006 on a 60.5-acre man-made island south of Long Beach says it still is hard at work on the permitting process and hopes to hold the first series of public meetings ...

City hopes to save stake in tower - Union Leader
MANCHESTER – City officials are ironing out a deal to help the owners of downtown's Wall Street Tower pay off their debts on the 17-story apartment building. Manchester Economic Development Director Jay Minkarah said a refinancing package would ...

U.S. banks mine data and pitch to troubled borrowers - International Herald Tribune
Brenda Jerez hardly seems like the kind of person lenders would fight over. Three years ago, the New Jersey resident became ill with cancer and ran up $50,000 on her credit cards after she was forced to leave her accounting job. She filed for ...

U.S. Stocks Drop on Foreclosures, Earnings Slump; MGIC Slides - Bloomberg
Oct. 23 (Bloomberg) -- U.S. stocks fell for a third day, led by financial and consumer shares, after home foreclosures surged to a record and the credit crisis hammered earnings at asset-management and real-estate companies. MGIC Investment Corp ...

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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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