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News about Mortgages:

Zaff: No light at the end of the tunnel - Milford Daily News
There's a certain incomprehensibility to the current economic crisis. The numbers are so large, the effects so pervasive, the causes so abstract. Bureaucrats worldwide are scurrying, but no matter what they do, the results only seem to have one thing ...

Family avoids foreclosure as community gives $7G - New Haven Register
MILFORD — Milford Special Education PTA President Susan St. Pierre calls it a "Holiday Miracle Story." Sharon Jansen described it as an "emotional roller-coaster" that has left her family touched by the outpouring of generosity from the community ...

Editorial: Stemming the tide of foreclosures - Enterprise
The national numbers are staggering: An estimated 1.5 million homeowners went through foreclosure last year, and another 1.2 million in the first six months of this year. The FDIC estimates that unless something is done, between 4 million and 5 ...

High electric rates concern RTM - TriVallyCentral
BRANFORD - The Representative Town Meeting is considering taking a stance against the state's escalating electric rates. The grass-roots organization, Fight the Hike, has asked Branford officials to sign a resolution that will be presented to state ...

Business Digest - Providence Journal
FM Global to increase work force FM Global, the property insurer based in Johnston, plans to increase its information-technology work force by 6 percent by year’s end. It plans to hire 26 information-technology professionals and a dozen paid ...

Foreclosures increase in Connecticut - Danbury News-Times
On the same day a national report said Connecticut suffered the biggest yearly increase in foreclosures of any state in October, Webster Bank announced plans to suspend all foreclosure activity for 90 days. California-based RealtyTrac.com, which ...

Bonnie Miller Earns Certified Mortgage Instructor Designation from ... - PR.com
Bonnie Miller, CMI, recently qualified for the Certified Mortgage Instructor (CMI) designation through the National Association of Professional Mortgage Women (NAPMW) Institute of Mortgage Lending (IML) training program. Milford, MI, October 11, 2008 ...

Former Prosecutor In Milford Charged In Thefts - Hartford Courant
A pedestrian was struck in the head during a robbery on Franklin Avenue Monday, police said. The holdup was reported about 3:30 a.m., police said. The male victim was walking in the area of 156 Franklin Ave., when a black Toyota pickup pulled up. A ...

Community rallies around sick girl - New Haven Register
MILFORD — When Sharon Jansen’s severely ill 7-year-old daughter, Claire Kenny, almost died in her arms before being revived, she thought she’d seen the worst. After more than 10 surgeries, Claire is beginning the long road to recovery, but last ...

Pork grilling for Arlen Specter in Milford - Pocono Record
MILFORD — The pork filled $700 billion bank bailout was the top topic at a Milford town hall meeting with U.S. Sen. Arlen Specter, R-Pa., on Monday. During congressional fall recess, Specter is making 26 stops throughout Pennsylvania hearing ...

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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