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'White House' saved from foreclosure - KSDKDEKALB COUNTY, Ga. -- The current residents of the White House will not be moving out, after all. The residents of the "Atlanta White House," that is -- Fred Milani and his wife. Milani built and owns the Atlanta White House. It's a replica of the ...
The Madness of Crowds - Commentary MagazineFueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...
Dana Rubinstein - New York ObserverScalleja via flickr. At noon on Wednesday, about 50 retail brokers and landlords trickled into the Harvard Club on West 44th Street for a members-only Real Estate Board of New York Retail Committee luncheon, the first of the year. There was buttery ...
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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