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News about Mortgages:
Fire alarm: The cost - NewsdayBack in the 1930s when Coram was little more than a wide spot in a woodsy country road, its volunteer firefighters held Halloween dances and chicken barbecues to pay off the firehouse mortgage. Seventy years later, with about $5 million in annual tax ...
Be a pit bull, Boris - grab London any cash on offer - Evening StandardLondoners already look back at the peak of the bubble as if remembering a dream world. Did we really think it was wise to mortgage ourselves to the hilt to buy jerry-built hutches in areas the estate agents called "up-and-coming" and our friends ...
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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