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GM to sell remaining Suzuki stake - Financial Times
General Motors is to sell its 3 per cent stake in Japan’s Suzuki Motor for Y22.4bn ($231m), in an effort to shore up its fast-dwindling cash reserve. The carmaker warned this month that it would approach the minimum $11bn to $14bn it needs in cash ...

More consumers fall into bankruptcy - Akron Beacon Journal
The economy's deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...

Bankruptcy filings up - over 100,000 in October - San Francisco Gate
Tara Siegel Bernard,Jenny Anderson, New York Times Plummeting home values, dwindling incomes and the near disappearance of credit have proved a potent mixture. While all the usual reasons that distressed borrowers seek bankruptcy - job loss, medical ...

More Americans slipping into bankruptcy - International Herald Tribune
The deep troubles of the U.S. economy are pushing a growing number of already struggling Americans into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near ...

Downturn Drags More Consumers Into Bankruptcy - Blueridgenow.com
The economy’s deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...

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 ...

Maryann Haggerty and Elizabeth Razzi - Washington Post
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi. Maryann has been with The Post for 18 years and has served as real estate editor for ...

Panda refinances West Texas manure-to-ethanol facility - Dallas Morning News
Panda refinances West Texas manure-to-ethanol facility 11:00 PM CDT on Monday, October 13, 2008 By ELIZABETH SOUDER / The Dallas Morning News esouder@dallasnews.com Panda Ethanol Inc. said Monday it has refinanced building a manure-to-ethanol ...

Greenspan denies blame for crisis, admits 'flaw' - Washington Post
House Oversight and Government Reform Committee member Rep. Elijah Cummings, D-Md. asks questions of the panel during a hearing of the committee on Capitol Hill in Washington, Wednesday, Oct. 22, 2008. (AP Photo/Lawrence Jackson) (Lawrence Jackson ...

General Growth stock closes down 64 percent - Las Vegas Sun
General Growth Properties Inc. of Chicago, developer of the Summerlin planned community and owner of several Las Vegas shopping malls, said Monday it may seek protection from creditors if it cannot refinance some of its debt. As a result of 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
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