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Rich suburbs on mortgage stress list - News.com.au
Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? Mortgage delinquincies rose in six months to September Interest rate hikes earlier this year hit home Calculator ...

Rich suburbs of Gold Coast, Vaucluse on mortgage stress top 10 list - News.com.au
RETIREMENT mecca the Gold Coast and Sydney's blue-chip Vaucluse have joined struggling south-western Sydney as the areas suffering most from mortgage stress and loan defaults. More than 840,000 residential mortgages - valued at $140 billion - were ...

Fairfield County - Hartford Courant
Cyncy Abel laughs when talking about how her quality of life has improved since she and her husband, Mike, got a reverse mortgage on their Old Saybrook home. The reverse mortgage allowed her to retire from her full-time job so that she's able to work

GuardHill expanding, undeterred by downturn - Greenwich Time
Despite the slow economy, some companies in the residential finance sector are thriving, including a New York City business that plans to expand its New Canaan office. GuardHill Financial Corp., a New York City-based mortgage broker, has said it ...

Foreclosures hit newer subdivisions - Indianapolis Star
Although Hamilton County has been mostly spared from the job losses that have rocked Indiana this year, the wealthiest county in the state has seen its foreclosure rate skyrocket. Close to 1,400 Hamilton County homes have been foreclosed on so far in ...

More Business - San Francisco Gate
"A house is only worth what the bank says," said Terry Hastings, a partner at Hamilton Mortgage, in Ridgefield, Conn. "It's not worth what the buyer says anymore." Mortgage lenders determined to stave off additional losses are demanding more thorough ...

Australia Mortgage Delinquency Rates Rise, Fitch Says (Update1) - Bloomberg
Nov. 26 (Bloomberg) -- Australian mortgage delinquency rates worsened in regional and coastal areas, and are likely to increase as the economy slows, according to Fitch Ratings. Mortgages that missed one or more payments in the six months through ...

Local business people respond to economic turmoil - TriVallyCentral
Fairfield business people had the opportunity Tuesday to hear how their peers are responding to the national economic turmoil. A panel including banking lenders, business executives and owners and investment counselors told a crowd of more than 40 ...

Managing risks, awaiting rewards - Ottumwa Courier
FAIRFIELD — First-time events often take space as it is available. Established groups have more freedom to designate a place and stick to it. Habit has its own gravity and keeps things in place. That helps explain why the first of what organizers ...

Home owners struggle as Santa nears - Sydney Morning Herald
HOUSEHOLDS in Newcastle, the Central Coast and pockets of the Blue Mountains and eastern suburbs are falling further behind on their mortgage payments as the "mortgage stress" moves beyond western Sydney. Relative to borrowers in the United States ...

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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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