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News about Mortgages:
Mortgage professional achieves certification - Poughkeepsie JournalJessica Schoen, owner of Shadowood Mortgage Corp. in Wappingers Falls, became one of nine mortgage professionals in New York state to be recognized as certified residential mortgage specialists. Schoen passed the written certification exam on Oct. 9 ...
What's new in the business scene - Poughkeepsie JournalJohn Murray, president and chief executive of Rose & Kiernan Inc. announced Tammy Holt has been ap-pointed a personal lines client manger in the insurance company's Kingston office. Holt previously worked at the John J. Liggan Insurance Agency in ...
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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