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HSBC and Credit Suisse add to job losses - Financial Times
The banking sector was hit by another round of job cuts on Monday as Credit Suisse, the investment bank, announced it was axing about 650 employees on the same day that HSBC said it was cutting 500. Credit Suisse is trimming about 10 per cent of its ...

Price of oil falls below US$51 as OPEC doesn't cut output - Edmonton Sun
Oil prices fell over six per cent Monday, to below US$51 a barrel, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday and on more evidence the global economic slowdown will hurt demand for crude. By midday in Europe ...

BofA files foreclosure on 17-acre Miami site - South Florida Business Journal
Bank of America is seeking to foreclose on a 17.1-acre site in southern Miami-Dade County that was planned as a residential community by Miami-based Precious Homes . The Charlotte, N.C.-based bank filed the notice of foreclosure on Nov. 26 in Miami ...

OBENSHAIN: Radical feminism's mighty foe - The Washington Times
The victor in the 2008 election was surely not conservatism. It was Peggy Joseph , caught on NBC at an Obama rally the week before the vote, saying if Barack Obama were elected "I won't have to worry about putting gas in my car. I won't have to worry ...

TRUMBULL COUNTY - Vindicator
US Bank NA et al v. Travis Bachhofer, foreclosure. National City Bank et al v. Michael E. Bowser et al, foreclosure. Wells Fargo Bank NA v. Victor D. Byers et al, foreclosure. Deutsche Bank National Trust as trustee v. Anthony Cargill Sr ...

Matter Of Records: December 1 - Wichita Falls Times Record News
Kell Propane vs. M.A. Flaharity, 199 Homestead Ln., $211.40, V3308 P579. AT&T Advertising LP vs. Bruce Harris, 3002 Speedway, $4,396.00, V3308 P853. The Estate of Richard Lynn Fanchier, et al, vs. Wichita Falls Care Center Inc., 7473 Row 25, Orland ...

Erie County Real Estate Transactions - Buffalo News
• 63 Fairlawn Drive, Edmund Karnofsky to Squire Shop Inc., $348,700. • 92 South Rockingham Way, GMAC Mortgage Llc to John F. Marcolini; Angela J. Marcolini, $340,000. • 248 Running Brook Lane, Drew A. Gundlach; Sandra L. Gundlach to Robert M ...

UPDATE 1-SHK Prop revises down sales target to $2 bln - Forbes
HONG KONG, Dec 4 (Reuters) - Developer Sun Hung Kai Properties (other-otc: SUHJY.PK - news - people ) has cut its apartment sales target for this fiscal year as the global financial crisis hits Hong Kong's property market, but expects a market pick ...

South metro town briefs - Minneapolis Star Tribune
Dakota County commissioners will hold a truth-in-taxation hearing at 7 p.m. Thursday in the third-floor board room at the Administration Center, 1590 Hwy. 55, Hastings. The hearing, open to the public, offers residents an opportunity to ask questions ...

NEW State banks lag behind industry indicators - Yakima Herald Republic
Links SEATTLE -- Washington's economy may be doing better than the nation as a whole, but the banks based here are not. Although Washington state doesn't have the plummeting home values or mass foreclosures that have stunned Florida and California ...

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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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