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Financial News
Kashkari: Treasury considering mortgage rate plan - Salon
Dec 4th, 2008 | WASHINGTON -- The head of the government's financial system rescue effort said Thursday the Treasury Department is considering a program to encourage banks to make mortgage loans at low rates to help revive the battered housing market ...

Italian gov't presents plan to boost economy - Xinhua News Agency
ROME, Nov. 28 (Xinhua) -- The Italian government on Friday presented a plan to boost the domestic economy and help the country pull out of the current global economic crisis. The plan was valued at 80 billion euros and included 16.6 billion euros for ...

OZ Minerals seeks extension for debt facilities - The Australian
OZ Minerals stunned the market today with a revelation it is struggling to refinance $US560 million of debt by Sunday. Debt deadline: A mine worker at Oz Minerals' Sepon gold mine in Laos. The company is struggling to refinance its debt. The dramatic ...

Prudent steps in hard times - News-Star
Monroe Mayor Jamie Mayo, in announcing a plan to hold down spending through the end of the fiscal year, continues to demonstrate the strong fiscal discipline that has allowed the city to build up a hefty rainy day fund. Good thing. It looks like rain ...

Mortgage rate drop spurs rush to lenders for refinancing - Detroit Free Press
A sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders. Following government efforts to unfreeze consumer credit, U.S. mortgage ...

Economic Wrapup - Daily Business Review
ptimists who took solace in a resurgence of consumer largess on “Black Friday,” the unofficial kickoff of the Christmas holiday shopping season, were forced to retreat Monday as government bond yields hit new lows and a prominent research ...

UPDATE 2-Gazprom sees state co-funding bigger investments - FXStreet.com
UKHTA, Russia, Dec 3 (Reuters) - Russia's Gazprom may ask the state to co-fund its investments in 2009 as it wants them to rise by 12 percent to a record $33 billion to speed up development of new Arctic fields, its head said on Wednesday. "We are ...

Casella Waste Systems Inc F2Q09 (Qtr End 10/30//08) Earnings Call ... - Seekingalpha.com
Good day and welcome everyone to the Casella Waste Systems second quarter fiscal year 2009 financial results conference call. Today’s conference is being recorded. At this time I’d like to turn the call over to the Vice President Mr. Joe Fusco ...

Gazprom sees state co-funding bigger investments - Forbes
UKHTA, Russia, Dec 3 (Reuters) - Russia's Gazprom may ask the state to co-fund its investments in 2009 as it wants them to rise by 12 percent to a record $33 billion to speed up development of new Arctic fields, its head said on Wednesday. "We are ...

EU agrees to ease path for state aid to banks - International Herald Tribune
BRUSSELS : In another sign of the strain placed on the European Union's economic rule book by the global financial meltdown, regulators agreed Tuesday to revise - again - guidelines that had been holding up some government aid to banks, after ...

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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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