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Ala. governor in talks over county debt crisis - Miami Herald
BIRMINGHAM, Ala. Gov. Bob Riley negotiated with creditors Friday over whether Alabama's largest county should seek a deal on its $3.2 billion sewer debt or file the largest bankruptcy in U.S. history. The meeting - held at the Capitol in Montgomery ...

Jon Carroll - San Francisco Gate
Had they just gotten into the subprime mortgage business two years ago, they could have robbed citizens of gigantic sums of money without making any capital investment in masks. See, bad career choices are the bane of so many of our nation's young ...

Alabama governor in talks over county debt crisis - Canton Repository
BIRMINGHAM, Ala. — Gov. Bob Riley negotiated with creditors Friday over whether Alabama's largest county should seek a deal on its $3.2 billion sewer debt or file the largest bankruptcy in U.S. history. The meeting — held at the Capitol in ...

Bank staff meet new CEO Head of First Tennessee parent talks of new ... - TradingMarkets.com
Bryan Jordan, the affable incoming president and CEO of First Tennessee Bank parent company First Horizon National Corp., gave employees and board directors a bit of face time. "I am relatively new to the company, so it's a twofold opportunity," Mr ...

New York housing shines - for now - CNN Money
NEW YORK (Fortune) -- At a time when most housing markets continue to sour, the Big Apple remains in a relative sweet spot. Whether it can stay there may go a long way toward determining how much longer the economy remains in a funk. Numbers released ...

Kohlberg Kravis Roberts favourite to bid for key Lehman Brothers ... - Times Online
Dick Fuld, the chairman and chief executive of Lehman Brothers, is seeking to complete a crucial deal for the Wall Street bank within three weeks as Kohlberg Kravis Roberts (KKR), the private equity group, emerged as favourite to bid for the bank's ...

Auto Club predicts more homebodies over Labor Day - Riverside Press Enterprise
High gasoline prices won't keep Colin Wilson, of Corona, cooped up this weekend. Wilson, 26, the webmaster for a small Riverside mortgage company, spends his work day in a cubicle, so he prefers to spend his holidays someplace with a better view. "We ...

A pillar of town gets vital support - Bridgeton News
The Essex County sheriff's officer showed up at Annie Anderson's house in Irvington on a recent morning. He was at the front door to evict the 83-year-old woman. She looked past him and saw the truck outside. It was there to take the baby playpens ...

Program seeks to keep 'em in Glassboro - Bridgeton News
GLASSBORO People who work in Glassboro may soon be able to apply for low-interest mortgage loans to buy homes here Ð part of a state program that is being adopted by other communities throughout New Jersey. The borough council approved a resolution ...

Trade show focuses on selling houses in a harsh business climate - Frederick News-Post
Lynnfield Event Complex was filled with the Frederick County Association of Realtors Trade Show on Tuesday, which saw about 250 attendees. Despite a challenging real estate market, nearly 250 visitors attended the annual Frederick County Association ...

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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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