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County leaders concerned over plan to help foreclosure victims - Journal-NewsHAMILTON — "That was always my dream, was to have my own house," said a Middletown woman who asked to not be named. "Even though we're getting help, I'm so scared to lose it." She bought the house in November for $88,000. Almost the moment after ...
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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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