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News about Mortgages:
Centro tight-lipped in debt negotiations - ninemsnCentro Properties Group walked a tightrope between its securityholders and bankers on Friday, refusing to disclose information that may give away its negotiating tactics aimed at securing a 12-month extension to refinance its debt. Chairman Paul ...
Mortgage brokers seeing more refinancing - WRALRaleigh, N.C. — New numbers out Wednesday show national sales of new homes are at their lowest point in 18 years. But when it comes to pre-owned, the days of bargain hunting here may be over. The Federal Home Finance Agency reports prices are still ...
Warehouse developer's shares down 96 percent - Rocky Mountain NewsThe stock of ProLogis has fallen more than General Motors. Or Ford or Citigroup or most of the stocks hammered during this latest financial crisis. Denver-based ProLogis, by far the top competitor in the worldwide warehouse business, represents one ...
Borrowers could face $10,000 switch slug - ninemsnBorrowers who fixed their mortgages earlier this year in the hope of beating rising interest rates could face a $10,000 fee if they want to take advantage of cheaper loans. Fortunate consumers on an average $250,000 standard variable home loan are ...
Unhand that economy, villein! - Meganmcardle.theatlantic.comI've been thinking about this for awhile. How much of this current crisis is just a manifestation of the American--indeed human--will? We're always talking about politicians deluding us and Wall-Street manipulating us, and predatory lenders conning ...
TCW's Gundlach sticks to his knitting, sews up another award - BusinessWeekJeffrey Gundlach, co-manager of the TCW Total Return Bond Fund (TGLMX) with Philip Barach, just won Morningstar’s bond fund manager of the year award. He was also named one of the best by BusinessWeek for the fourth consecutive year back in March ...
GE dividend watch: Trouble ahead? - Globe and MailEarlier this year, General Electric Co. shocked investors when it failed to raise its dividend. Now, the market appears to be growing increasingly nervous that the mega-cap conglomerate could actually cut it. Jeffrey Sprague, an analyst at Citigroup ...
SBA trims losses, sees solid wireless demand - Palm Beach PostBOCA RATON — Despite missing analysts' third-quarter expectations, SBA Communications Corp. said it sees a "very favorable demand environment" for its wireless tower operations. The Boca Raton-based firm announced that it had trimmed third-quarter ...
General Growth Folds On Vegas Hand - ForbesThe REIT's Las Vegas properties will be sold to pay down debt; its stock falls as two executives resign over disclosure policy relating to loans taken out. Shares in mall and real estate owner General Growth Properties continue to spiral downward, as ...
Explaining a Volatile Week in Stocks - US News and World ReportSo far, it looks like we're holding above 9,000 on the Dow today, although I'll be the first to admit it doesn't mean much before the closing bell given the huge swings we've been seeing this week, especially late in the day. Witness Wednesday: Even ...
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.
View all Terms