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Peru's inflation one of the lowest in Latin America - Xinhua News Agency
LIMA, Jan. 1 (Xinhua) - Peru's 2008 inflation is expected to be 6.65 percent, one of the lowest in Latin America, authorities said on Thursday. The Central Bank of Reserve (BCPR) said that according to projections of the main national and ...

TrainingPro Becomes Exclusive Education Partner of the Maryland ... - dBusinessNews.com
HUNT VALLEY--TrainingPro, the national leader in mortgage education, and the Maryland Association of Mortgage Brokers (MAMB) recently signed an exclusive agreement to unite in the mission of providing high quality, efficient mortgage training for the ...

Man Indicted In Mortgage Loan Scam - KPHO
PHOENIX -- A Glendale man has been indicted on charges connected to a mortgage assistance scam he allegedly orchestrated, victimizing at least 10 Valley homeowners facing foreclosure, the Arizona attorney general's office said. Bobby Herrera, 33, was ...

Mortgage applications remain at 5-year highs - Napa Valley Register
WASHINGTON - Mortgage applications remained at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans. While low rates are a great opportunity for borrowers with ...

MacNaughton, 86, helped transform Fort Bend County: His Quail Valley ... - TradingMarkets.com
An Alamagorda, N.M., native, MacNaughton arrived in Houston in 1946 to join First Mortgage Co., where he later became executive vice president. Later he joined his friend R.W. Carey to create Mac-Carey Properties, a firm that created some of the ...

Finance & law: 2008's top stories - San Jose Business Journal
In one of the first major events of the subprime mortgage crisis, Bank of America Corp. stepped in to buy struggling Countrywide Financial Corp. for $4 billion in stock. The move was widely seen as a deal shepherded by bank regulators who feared the ...

Magic Valley 2008: Bracing for the future - Twin Falls Times-News
The Magic Valley kept its eye on the future as time marched toward 2009. A landmark election reconfigured the face of law enforcement, as newcomers unseated longtime incumbents or their hand-picked successors. The Church of Jesus Christ of Latter-day ...

Mortgage company’s bankruptcy ties up nonprofits’ nest eggs - Rockford Register-Star
Among the 1,400 creditors whose investments are in limbo after the Commercial Mortgage & Finance bankruptcy are about 20 companies and nonprofit groups that tucked their nest eggs into the company’s promissory notes. The investments are minuscule ...

News & Features Navigation - Minnesota Public Radio
Minnesota Public Radio coverage of the foreclosure crisis. Photo: #Faith Burns has lived in this south Minneapolis home for 13 years, but must move out by May 6 because her mortgage is being foreclosed. Her attorney says she was sold a defective ...

Local business leaders hopeful for new year - Pasadena Star-News
WEST COVINA - After a year of layoffs, tightening credit, mortgage defaults and Wall Street woes, business leaders and operators around the San Gabriel Valley are hoping for a new year of better news. We talked to some of them this week, and they all ...

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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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