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Legislative leadership sees some changes - Omaha World-Herald
LINCOLN - Stormwater runoff problems in eastern Nebraska and water shortage woes in western Nebraska may get equal billing under the new chairman of the Legislature's Natural Resources Committee. State Sen. Chris Langemeier of Schuyler attributed his ...

Investors buy $558 million in mortgages from FDIC - Miami Herald
WASHINGTON -- A group of private investors including former executives of Countrywide Financial Corp. has purchased $558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, the ...

Despite an economic slowdown, many Omaha music clubs are still going ... - Omaha World-Herald
Most nights at the Slowdown music club, a few people inquire about the location of the bathroom. It's an odd measuring stick, but it helps judge how many new people are in the crowd. Dancers crowd the floor at Slowdown on New Year's Eve. "When we ...

Businesses lobby for forgiven-debt tax break - Daily Business Review
ommercial real estate companies, the U.S. Chamber of Commerce and companies partly owned by private-equity firms are pushing Congress for a temporary tax break on forgiven debt similar to relief given in 2007 to homeowners facing foreclosure. The ...

Trade Groups Seek Forgiven-Debt Tax Break Given to Homeowners - Bloomberg
Jan. 7 (Bloomberg) -- Commercial real estate companies, the U.S. Chamber of Commerce and companies partly owned by private- equity firms are pushing Congress for a temporary tax break on forgiven debt similar to relief given in 2007 to homeowners ...

Looking Back Part 2: 2008 ended on good note - Wahoo News
ASHLAND - In 2008, Ashland and the surrounding communities saw their share of triumphs and tragedy. The second half of the year began with more news on the closing of a local grain elevator and with the annual Stir-Up celebration that livened the ...

US bail-out plan needs someone who thinks like Buffett - Daily Telegraph
Warren Buffett's name should be high on the list. Sure, the legendary investor and chairman of Omaha, Nebraska-based Berkshire Hathaway almost certainly has more rewarding things to do. But it's worth a hypothetical look at how he might go about it ...

Buffett blames Wall Street for financial system's woes - Independent
The main man: Billionaire financier and Berkshire Hathaway chief executive Warren Buffett is the centre of attention during the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, at the weekend BILLIONAIRE Warren Buffett yesterday ...

Businesses Seek Tax Break on Canceled Debt Like Homeowners Got - Bloomberg
Jan. 6 (Bloomberg) -- Commercial real estate companies, the U.S. Chamber of Commerce and other business groups are pushing Congress for a temporary tax break on forgiven debt similar to relief given in 2007 to homeowners facing foreclosure . The ...

Nebraska not in the red, but budget won't show it - Sioux City Journal
LINCOLN, Neb. -- Nebraska's unemployment rate is half the national rate. State tax revenues are coming in on target. Nebraska is one of a handful of states not currently in a financial crisis. And state government is sitting on the biggest cash ...

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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