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U.S. MBA's Mortgage Applications Index Climbed 2.8% Last Week - Bloomberg
Aug. 6 (Bloomberg) -- Mortgage applications in the U.S. climbed last week from a seven-year low as more Americans sought to refinance out of adjustable-rate loans. The Mortgage Bankers Association's index of applications to buy a home or refinance a ...

U.S. Economy: Pending Home Resales Unexpectedly Climbed in June - Bloomberg
Aug. 7 (Bloomberg) -- U.S. pending sales of previously owned homes unexpectedly rose in June as buyers swept up foreclosed and lower-priced properties. The index of pending home resales rose 5.3 percent after a revised 4.9 percent decline in May, the ...

Mortgage applications rise by nearly 3 percent - Daily Business Review
ortgage applications in the U.S. climbed last week from a seven-year low as more Americans sought to refinance out of adjustable-rate loans. The Mortgage Bankers Association's index of applications to buy a home or refinance a loan rose 2.8 percent ...

No Sign Of Relief From Foreclosures In Borderland - KFOX 14
EL PASO, Texas -- House after house in the borderland area have gone up for sale. "They don't want to lose their house but they're really in a bad situation, it's catching up to us, the economy is starting to hit El Paso and we're going to see a ...

Yesterday's top story: July's commodities purge offers long-term ... - Mineweb
Are we at the end of the commodity bull market or does this battered sector offer an attractive buying opportunity? That's the question on the minds of everyone trying to navigate one of the most complex and volatile markets we've seen in years. The ...

More Primary Articles - Nashua Telegraph
CINCINNATI (AP) – John McCain told the NAACP and some skeptical black voters... HIDALGO, Texas – As they race between Ohio and Texas in advance of their March 4 primary showdown, Sens. Barack Obama and Hillary Clinton are squaring off over who ...

NextAce Adds 27 New Counties in Four States and Washington D.C. - PR Newswire
ANAHEIM HILLS, Calif., April 11 /PRNewswire/ -- Title automation and business process optimization (BPO) company, NextAce(SM) Corporation ( http://www.nextace.com ), today announced that it has expanded production to include 19 new counties in ...

Senate may pass mortgage aid plan as soon as today - Reading Eagle
WASHINGTON - A mortgage aid plan is on track for passage in the Senate as soon as today. The massive foreclosure rescue bill cleared a key Senate test yesterday by an overwhelming margin, with Democrats and Republicans both eager to claim election ...

Countrywide Helped More Than 80,000 Financially Troubled Borrowers ... - PR Newswire
CALABASAS, Calif., Jan. 16 /PRNewswire-FirstCall/ -- Countrywide Financial Corporation (NYSE: CFC) today announced that it helped more than 80,000 borrowers retain their homes in 2007. Loan modifications accounted for 69 percent of all home retention ...

House to vote on $15 billion housing aid plan for foreclosed ... - Daily Oklahoman
WASHINGTON ( AP ) -- Democrats' plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush 's threatened veto and the backing of many ...

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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.

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