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News about Mortgages:
Bernanke: more action needed to cut foreclosures - Oakland PressWASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country’s deep economic troubles. Although a flurry of actions have been ...
Torrey Pines Bank Names Noriko Oakland Senior Vice President - PR InsideWestern Alliance Bancorporation (NYSE:WAL) announced today that Noriko Oakland has been named Senior Vice President of the Los Angeles/Orange County Division of its Torrey Pines Bank subsidiary. Oakland was formerly with California Bank & Trust where ...
AP IMPACT: US diluted loan rules before crash - Oakland PressWASHINGTON – The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...
Reverse mortgages a lifeline for seniors - San Diego Union-TribuneBetty Falling is among a growing number of seniors using a reverse mortgage to avoid foreclosure. “I was in a bind,” Falling said. Seniors traditionally have used reverse mortgages to maintain their standard of living in retirement by tapping ...
Outrage at UC, Romero - Sacramento Uniondd the UC Board of Regents and the state Senate majority leader to the list of state government officials who need to be replaced. Two weeks ago, the regents were decrying draconian budget cuts and lamenting the possibility of tuition increases. Yet ...
Detroit rail line moves forward - Detroit NewsLANSING -- Key components of a plan to build a light rail line along Woodward Avenue in Detroit were approved without opposition by the state Senate on Thursday, and lawmakers said they plan to complete the multibill package when they resume session ...
Retirement Experts Share Year-End Tax Tips for Senior Citizens - EarthtimesOAKLAND, CA -- 12/01/08 -- As the end of a challenging financial year comes to a close, many senior citizens are searching for new ways to save money during their retirement. Retirement expert Eric Bachman and Certified Public Accountant Jeanne Duhe ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. See the complete Your Money Matters report. The 35-year-old software-development project manager, who lives in Cary, N.C., has been socking ...
Savings Strategies - Wall Street JournalThe Game Plan takes a look at how some individuals and families are saving for retirement. You're invited to share your own retirement-savings plans by sending an email to reports@wsj.com . See the complete Your Money Matters report. The 35-year-old ...
Home calendar - Detroit Free PressReal Estate Investors Association of Oakland County: Learn about the art of house-foreclosure short sales by Steve Dillon at 5:30 p.m. Dec. 11 at MSU Management Education Center, 811 W. Square Lake in Troy. $20 for nonmembers; free for members. 800 ...
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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