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Business Browser - Free Lance-StarBlack Friday marked the official start of the holiday shopping period, but today is the ceremonial kickoff for online retailers. For the past several years, the Monday after Thanksgiving has been called "Cyber Monday." The term was coined after ...
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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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