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General Growth Properties retains Sidley Austin LLP in ‘advisory ... - Sacramento Business Journal
General Growth Properties has hired one of the nation's largest law firms as it considers filing for bankruptcy protection. Chicago’s General Growth Properties Inc. (NYSE: GGP) said in a statement that it has hired international law firm Sidley ...

A Municipal Market Year in Review: The Days of Easy Money and Simple ... - MSN MoneyCentral
SACRAMENTO, Calif. , Nov. 21 /PRNewswire/ -- This past year has brought significant market turmoil. But, arguably, the bankruptcy of "Bond King", Lehman Brothers, on September 15 , will be seen as the turning point for easy bond market access by ...

Sacramento County foreclosures squeeze poorest neighborhoods hardest ... - Sacramento Bee
Sacramento County's lowest-income neighborhoods continue to take the toughest, most destabilizing punches of the region's two-year foreclosure crisis, says a new report from the Sacramento Housing and Redevelopment Agency. And it's getting worse ...

Weaver Auto steers clear of foreclosure — for now - Union
KeyBank has decided to postpone foreclosure proceedings against Weaver Auto and Truck Center until at least April 17, owner Tom Weaver said Monday, averting plans to auction off the property on the courthouse steps next month. The decision gives ...

California Companies Take Courageous Step to Expand and Invest in ... - Biloxi Sun Herald
SACRAMENTO, Calif., Nov. 18 /PRNewswire/ -- Amid the current economic doom and gloom, there is a silver lining to new growth and economic development in some of the poorest sections of the state. The California Enterprise Development Authority (CEDA ...

Suthers cracks down on mortgage ads - Denver Business Journal
Three Colorado mortgage brokers have reached settlements with state Attorney General John Suthers to end what Suthers called the “deceptive use of teaser rates in mortgage-loan advertisements” in Denver newspapers. The agreements were part of a ...

Suthers cracks down on mortgage fraud - Rocky Mountain News
Colorado Attorney General John Suthers today said he has reached settlements with three mortgage companies as part of a crackdown on false advertising that he launched about two years ago. Suthers said that Denver’s Arbor Financial Inc., 5280 ...

Univision Announces 2008 Third Quarter Results - MSN MoneyCentral
Univision maintained its ranking as the #3 broadcast network in the country among all Adults 18-34 in the third quarter, and out delivered ABC, CBS and the CW during primetime, as measured by Nielsen’s NTI. Among Adults 18-49, Univision was once ...

General Growth Properties could face bankruptcy - Sacramento Business Journal
General Growth Properties Inc. reported in a regulatory filing Tuesday that it faces potential bankruptcy if it’s unable to refinance its debt. The Chicago-based company, which is building a mall in Elk Grove and manages the Palladio at Broadstone ...

Foreclosures Rose 71% in 3rd Quarter as Prices Fell (Update1) - Bloomberg
Oct. 23 (Bloomberg) -- U.S. foreclosure filings increased 71 percent in the third quarter from a year earlier to the highest on record as home prices fell and stricter mortgage standards made it harder for homeowners to sell or refinance, RealtyTrac ...

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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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