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October 2008 - Posts - MSNBC Firstread
SPRINGFIELD, Mo. -- Biden turned talk about the candidates’ associations back against McCain , saying that one of the choices voters have is not just between Obama and McCain, but between those who they’d enlist to help right the nation’s ...

Why bank shares are falling - bbc
The government announces massive, unprecedented financial support for our banks, and their share prices fall - well all of them but that of HBOS. Shome mishtake shurely. Well no, that's completely predictable on the basis of a decision by the ...

Smack smack - we're dead - bbc
1) National Savings has been overwhelmed by calls from anxious savers wanting to lend their money to HM Treasury rather than keep it in a high street bank. And there's also been such a rush to place deposits in taxpayer-owned Northern Rock that it's ...

Archives » October 2008 - Newsweek Blog
You're plummeting the national polls . You're hemorrhaging support in the swing states . If the election were held today, your rival would win 364 electoral votes--the highest tally since 1980 for a non-incumbent in a two-way contest. And your name ...

Subprime Suspects - Slate
The stock market rallied today after President Bush announced a deal under which mortgage lenders would cut subprime borrowers some slack and freeze rates. As such, it represents the latest effort by the financial-industrial complex to draw a bottom ...

Dropping Anchor: Bank's stock plummets, but officials optimistic about ... - Wisconsin State Journal
Madison's largest home-grown bank is smarting. Stung by a series of problem loans -- including $48 million in a bankrupt downtown Milwaukee condo project -- AnchorBank has seen its stock price plummet and its balance sheet deteriorate. Shares of ...

Dear Main Street: A Letter of Explanation From Wall Street - Wall Street Journal
Are you trying to make sense of what’s happening here on Wall Street? Don’t worry–you aren’t alone. A lot of people even here are trying to figure that out. It isn’t that complicated, but Wall Street is so full of mumbo jumbo that it’s ...

HBOS is worst hit by meltdown in markets - Scotsman
HBOS was the biggest casualty yesterday when London's leading shares plunged to a three-year low in the aftermath of the Lehman Brothers collapse. The Financial Services Authority (FSA) took the unusual step of issuing a statement supporting ...

Fishing in Troubled Waters - Huffingtonpost.com
As the events of the past 24 hours have shown, the Republicans lack both the leadership and the unity to bring home any variant on Paulson's proposed bailout deal. This has been a special fiasco for John McCain, and a richly deserved one. With the ...

Treasury’s Financial-Bailout Proposal to Congress - Wall Street Journal
Section 1. Short Title. This Act may be cited as _____. Sec. 2. Purchases of Mortgage-Related Assets. (a) Authority to Purchase.–The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and ...

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Edgemont Hot Springs Oelrichs Oral Smithwick

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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