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Foreclosure aid on its way - Record
STOCKTON - Neighborhoods pummeled by the subprime mortgage debacle will start seeing a few new folks moving into foreclosed homes with help from federal funding on its way to San Joaquin County. On Tuesday, the Board of Supervisors approved a plan ...

Prepaid legal services catching on - Record
STOCKTON - The stack of fliers strategically displayed on the counters of downtown Stockton lunch spots offer access to a lawyer at a low cost, and it's just a phone call away, they say. "You'll be really glad you have one!" reads the red handout ...

Rescue Schemes - Modesto Bee
WASHINGTON -- The foreclosure sharks are circling the San Joaquin Valley. Homeowners beware. Just ask Fresno resident Patricia Ireland. A temporarily laid-off Internal Revenue Service employee, Ireland was scrambling to meet her mortgage payments ...

Loan foreclosure scams target Valley - Fresno Bee
WASHINGTON -- The foreclosure sharks are circling the San Joaquin Valley. Homeowners beware. Just ask Fresno resident Patricia Ireland. A seasonal Internal Revenue Service employee, Ireland was scrambling to meet her mortgage payments recently. Out ...

Residents to benefit from rescue package - News Guardian
North Tyneside Council is among the first authorities in the country to take applications from the Government's new mortgage rescue scheme. The package of measure and reforms has been put in place to make sure working people who suffer a loss of ...

REQUIRED READING - New York Post
You will want to read Naipaul's books. You will not want to invite him to your Christmas party. Trinidad-born literary giant V.S. Naipaul made fun of people with darker skin than himself, and was annoyed that his wife took too long to die of breast ...

House values decline again - Seattle Post Intelligencer
Values in King, Pierce and Snohomish counties decreased 9.8 percent from September 2007 and 1.4 percent from this August, according to Standard & Poor's S&P/Case-Shiller Home Price Indices. The year-to-year drop was the eighth consecutive record for ...

Report: Whatcom County home prices flat in third quarter - Bellingham Herald
It was a flat 12-month period for home price appreciation in Whatcom County, which might be considered a positive for local homeowners when compared to the rest of the state. At the end of September, home prices in Whatcom County had depreciated by ...

House values 'bound to get much worse' - Seattle Post Intelligencer
Seattle-area house values fell 10.1 percent from their recent peak in July 2007 to this September, according to a national index. Details: Here Values in King, Pierce and Snohomish counties were down 9.8 percent from September 2007 and 1.4 percent ...

Home values plummet to record levels, study says - East Valley Tribune
Home values in Arizona are approaching free fall. New figures Tuesday from the Federal Housing Finance Agency show the value of the average home in this state plummeted more than 6 percent in the three months ending Sept. 30. And year-over-year ...

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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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