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Borrowers get gift of lower mortgage rates - Seattle Post Intelligencer
Mortgage rates plunged after the Federal Reserve announced that it would buy up to $500 billion of securitized home loans. Rates on 30-year, fixed-rate, conforming mortgages fell well below 6 percent after the Fed announced Tuesday morning that it ...

$32M OK'd for marina - Leaf Chronicle
Clarksville City Council voted Monday to amend the city's capital project budget by $32 million to finance the revamping of Fairgrounds Park, including a marina and water park. The council voted last month to pursue the project in three phases ...

The SCAM behind NAIS - "Our Land: Collateral for the National Debt" - OpEdNews.com
I consider Wayne Hage one of the most intelligent men I ever met. On our very first visit he was explaining the World Bank, the International Monetary fund and how the world bankers planned on collateralizing the world debt with land. Not just the U ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Sometimes it takes a world-wide economic meltdown to remind you of how good you had it. It was just so for THL — former Thomas H. Lee ...

Latest Pictures - Newstrack India
Washington, Nov 30 (ANI): If scientists have their way, it may soon be possible to create a "hospital on a chip " for instant treatment to wounded soldiers even... of California, San Diego are working on developing a 'field hospital on chip Mumbai ...

Transcript: Howard Lutnick - Forbes
Welcome, I'm Steve Forbes. It's a pleasure and privilege to introduce you to our featured guest, Cantor Fitzgerald CEO Howard Lutnick. He'll tell us why October was his company's best month ever. But first...This ongoing financial crisis is driven by ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Hedging Their Debts - US News and World Report
San Francisco start-up Pay By Touch didn't take venture-capital money when it sought $130 million in new financing for its biometric fingerprint-reading system. The battered baker Krispy Kreme Doughnuts shunned banks when it wanted to refinance its ...

Obama wants to limit foreclosures - but how? - San Francisco Gate
Sunday, November 9, 2008 On the campaign trail, the president-elect proposed a 90-day moratorium on foreclosures, giving Bankruptcy Court judges the right to modify mortgages on primary residences, a $10 billion foreclosure-prevention fund and a ...

Best mortgage rates - Toronto Star
Canadians received more proof yesterday of the global credit crunch hitting home after this country's biggest banks began hiking their residential mortgage rates in an effort to recoup higher funding costs from their customers. The interest rate ...

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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