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Independent HBOS fight 'gaining pace' - ScotsmanTHE fight to save HBOS as an independent bank is still on, one of the two "banking knights" hoping to ride to its rescue told The Scotsman last night. Sir Peter Burt, HBOS's former deputy chairman, said the battle to stop the proposed takeover by ...
Viewer Stories: Living Paycheck To Paycheck - WSB-TV AtlantaThe economy has caused my employer to cut me to a 3/4 worker, cutting my wages but still putting me above the line to qualify for underemployment. I've spent months searching for a new job without luck. I refuse to look beyond the tri-city area ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
Has the economic crisis tripped up Alex Salmond? - Guardian UnlimitedHas the famously savvy first minister of Scotland finally slipped up? The sudden and dramatic sale of HBOS last week has put Alex Salmond's political and economic reputation under unwelcome scrutiny. First, his much-quoted claim that "spivs and ...
Lord Mandelson and Oleg Deripaska, the billionaire at bay - Times OnlineFor a few days each winter, political leaders, the super-rich and a scattering of conscientious rock stars congregate in the Swiss resort of Davos for a summit. Last January among their ranks was Oleg Deripaska, the Russian tycoon. Although the ...
Labour trying to undermine rival HBOS bids–Salmond - ScotsmanALEX Salmond increased the pressure on the UK government over the HBOS takeover yesterday, accusing Labour politicians of "leaking and briefing" in an attempt to undermine rivals to the Lloyds TSB bid. He also accused Gordon Brown, the Prime Minister ...
Federal help coming to deal with vacant homes - Kokomo TribuneThe downside of foreclosure is on full display at the Holiday Inn Express on a clear October day. Auctioneers from Dallas-based Hudson & Marshall have six homes on the block today, bank-owned repossessions from Marion, Bunker Hill, Sharpsville and ...
Darling details £50 billion bank bailout plan - Times OnlineChancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalisation plan with £50 billion of taxpayers' money. He said there ...
Buyers, owners see bailout's silver lining - Rocky Mountain NewsMark Bossard's timing to refinance his 2-year-old mortgage might be perfect, given the government's bailout of Fannie Mae and Freddie Mac. "It could be a boon for me," said Bossard, a software engineer. On Monday, a day after the government stepped ...
'REVISE STAMP DUTY NOW TO AID MARKET' - Estate Agency NewsCALLS for the Government to revise Stamp Duty to aid the housing market are increasing as house prices continue to tumble in the wake of the credit crunch. House prices in June were down one per cent on May according to figures from the Land Registry ...
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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