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Home foreclosures on the rise in Franklin County - Public Opinion
More on the market: Foreclosed homes in Franklin County jumped from 16 last year to 28 today. In more typical economic times, the county has six to seven foreclosures on the market. Home foreclosures are up. The number of properties listed for ...

Gradual decline accelerates into quick shutdown - MSNBC
The end came swiftly, and suddenly, for Franklin Bank Corp. But the downfall slowly took shape more than a year ago when cracks formed in the holding company’s mortgage and loan operations across the country. Former executives in charge of Franklin ...

State Headlines - KCEN TV NBC 6
WASHINGTON (AP) - Regulators shut down Houston-based Franklin Bank and Security Pacific Bank in Los Angeles on Friday, bringing the number of failures of federally insured banks this year to 19. The Federal Deposit Insurance Corp. was appointed ...

People in business - Memphis Commercial Appeal
Ralph McNeely has joined Magna Bank’s Quail Hollow office, and Bill Brown has joined Magna Bank’s Bartlett mortgage office. Drew Nadler and Allen Parker , financial advisers with Shoemaker Financial in Franklin, Tenn., have passed their FINRA ...

Foreclosure: Goepfert - Pierce County Herald
Clinton Goepfert, Melissa Goepfert and Mortgage Electronic Registration Systems, Inc., acting solely as a nominee for First Franklin Financial Corp., an OP. SUB. of MLB&T CO, FSB, Defendants. PLEASE TAKE NOTICE that by virtue of a judgment of ...

Bocce courts beckon workers - Nashville Tennessean
FRANKLIN — It's a bit of an unusual site for a commercial center, or even a park for that matter. Surrounded by the restaurants, offices and shops at the growing Meridian Cool Springs development off Carothers Parkway are a pair of bocce courts ...

Empty homes a danger to fire fighters and a nuisance to officials - MetroWest Daily News
As the staggering economy leads to more foreclosures, local officials are left to deal with the problem of keeping the empty homes from becoming eyesores and safety hazards. On Labelle Street in Marlborough, the contents of a foreclosed home ...

Stop low-cost housing drain - Detroit Free Press
Addressing Congress nearly 75 years ago, President Franklin D. Roosevelt called adequate housing a right of every American family willing to work. Fifteen years later, the Housing Act of 1949 set national goals that included "a decent home and a ...

Our view: No victims here but the taxpayers - Eagle-Tribune
It is interesting to see and hear readers' comments on our Sunday story concerning a Haverhill woman and the worldwide financial crisis triggered by failed mortgages. Some readers posting on our Web site and others calling our office questioned ...

How Merril Lynch faltered & fell - Deccan Herald
To make matters worse, Merrill sped up its hunt for mortgage riches by embracing and trafficking in complex and lightly regulated contracts tied to mortgages and other debt. There were high-fives all around Merrill Lynch headquarters in New York as ...

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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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