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News about Mortgages:

Mortgage Monday: Do I Refinance? - ABC2 News
Many homeowners are thinking about refinancing their mortgages, but are not sure if this is the right time to do it or not. Jamie talked with Carl Delmont from Freedmont Mortgage about a few refinancing and mortgages questions that viewers sent in to ...

Mortgage Monday: Scams and Rates (10/13) - ABC2 News
Carl Delmont, Freedmont Mortgage, once again was in studio, talking this time with Megan about scams that could affect those looking to refinance; why you could be evicted, even though you are paying your rent on time; and how mortgage rates are all ...

Real Estate Report: What do those credit scores mean? - Evening Sun
Some are very clever and some prey on consumer fears of identity theft or a negative stigma associated with a low score. However, should you take advantage of their offers? Essentially, no. Nothing is free. You must subscribe to a monthly monitoring ...

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.

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