Long Valley Mortgage Refinance and Information Online from competing Lenders

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New mortgage crisis looms amid current meltdown - East Valley Tribune
WASHINGTON - The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Meltdown far from over, new mortgage crisis looms - Napa Valley Register
WASHINGTON - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...

Obama: So far so good - Napa Valley Register
With the appointment of Christine Romer to head up his council of Economic Advisors, the key person to advise the President on economic policy, Obama has put in place an economic team that consists of centrists if not right of center policy makers ...

George Chamberlin's Money in the Morning - San Diego Daily Transcript
It's still more than a month before the Obama administration takes charge but there already appears to be some squabbling between the candidate for the top Treasury job and the current head of the FDIC. Reports say that Tim Geithner, the president of ...

Proposal could drop mortgage rates to 4.5 percent - San Jose Mercury News
Silicon Valley mortgage brokers could barely contain their enthusiasm as news leaked from Washington of a proposal to reignite the dormant housing market by driving down mortgage rates to the 4.5 percent range. The plan, which reportedly could be ...

The Buzz: Dispelling retail myths - Post-Crescent
Most people by now have gotten multiple copies of the e-mail circulating on the Internet about massive store closures. It's true some retailers are closing or cutting underperforming stores in this weak economy. The e-mail, however, contains some ...

Dutchess Count eligible for federal disaster aid - Mid-Hudson News Network
WASHINGTON - U.S. Senator Charles E. Schumer today announced that U.S. Department of Agriculture has designated Dutchess County as a contiguous disaster area due to losses caused by severe storms this past summer. "Dutchess County farmers who have ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Now that Hank Paulson has transformed the U.S. Treasury into Goldman Sachs South–buying, selling, lending to and merging companies–it ...

Commercial real estate seen as next crisis sector - Buffalo News
WASHINGTON — The full scope of the housing meltdown isn’t clear and already there are ominous signs of a new crisis — one that could turn out the lights on malls, hotels and storefronts nationwide. Even as the holiday shopping season begins in ...

Refinancing a viable option for certain homeowners - McAllen Monitor
McALLEN - It sounds silly to borrow more money to save money, but after interest rates plummeted last week, it's an attractive option. Refinancing is not as simple as just taking out another loan, but for homeowners it's a good bet - if they can ...

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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