Hector Mortgage Rates and Information Online from competing Lenders

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FSA to speed up savings compensation - Times Online
Savers could receive compensation within seven days of a bank going bust, under plans from the City watchdog. Moreover, if the proposals published yesterday by the Financial Services Authority (FSA) are implemented, outstanding mortgage, credit card ...

Risky bailout? Bond agents changing financing deals as economy sours - Missoulian
A bond agent displays a flier near the entrance of the Santa Ana Jail in Santa Ana, Calif., recently. An increasing number of bond agents are helping accused criminals make bail through risky financing. Photo by Hector Mata/Associated Press SANTA ANA ...

AP source: Ex-eBay CEO to run for Calif. governor - Buffalo News
Former eBay Inc. chief executive Meg Whitman plans to run for governor of California, a person with knowledge of her political aspirations said Monday. The 52-year-old Republican plans to run in 2010 for the seat Gov. Arnold Schwarzenegger is leaving ...

Savers' compensation scheme: FSA wants payouts within a week - Daily Telegraph
The Financial Services Authority (FSA) is calling for banks and building societies to hold up-to-date information on their customers to allow claims to be processed quickly by the Financial Services Compensation Scheme (FSCS). It estimates that the ...

A get-out-of-jail card - Louisville Courier-Journal
SANTA ANA, Calif. -- Bail-bond agents are increasingly helping cash-strapped defendants get out of jail with ultracheap financing deals -- a practice that worries law-enforcement officials and insurers, and could endanger public safety. To bolster ...

PEBO Talks Trillions for Deficit, Purely Positive Words for Panetta - ABC News Blogs
ABC News' Jake Tapper and Jennifer Duck Report: President-elect Barack Obama forecasted close to a trillion-dollar deficit and potentially more trillion-dollar deficits "for years to come" after meeting for the second day with his economic team in D ...

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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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