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Owner, 32, looted East Providence title business - Providence Journal
PROVIDENCE — The former owner of a title insurance firm in East Providence pleaded guilty yesterday to a federal fraud charge for looting more than $1.3 million from company accounts and using the money for vacations, hair care, cosmetics and ...

Providence wants bigger piece of housing pie - Providence Journal
PROVIDENCE — The city is expected to receive more than $9 million to stimulate investment and stabilize neighborhoods hardest hit by home foreclosures under a plan the state is submitting to the federal government on Monday. But the city, which is ...

Economy’s slow pulse doesn’t hurt health jobs - Portland Tribune
Erin Bruner (left) draws a shot of insulin for one of her patients as co-worker Heather Cox verifies the medication at Providence Portland Medical Center. Bruner recently changed careers to became a nurse because future job prospects seemed bright ...

BCE’s Buyers Said to Propose Alternative to Takeover (Update1) - Bloomberg
Dec. 4 (Bloomberg) -- The private-equity firms that agreed to buy BCE Inc. for C$52 billion ($42 billion) may instead seek to acquire a minority stake in the Canadian phone company, according to two people with knowledge of the plan. The firms have ...

BCE’s Buyers Said to Propose Alternative to Leveraged Buyout - Bloomberg
Dec. 4 (Bloomberg) -- The private-equity firms that agreed to buy BCE Inc. for C$52 billion ($42 billion) may instead seek to acquire a minority stake in the Canadian phone company, according to two people with knowledge of the plan. The firms have ...

Ex-owner of RI closing co. pleads guilty to fraud - Boston Globe
PROVIDENCE, R.I.— The former president of a real estate closing company has pleaded guilty to spending more than $1.3 million in company money on her personal expenses. Thirty-two year old Angela Raposa, of East Providence, pleaded guilty Monday to ...

In four Union towns, taxes hit five figures - Newark Star-Ledger
The average homeowner's tax bill in four of Union County's 21 communities has now crossed the $10,000 mark, according to county tax officials. In Summit, Westfield, New Providence and Scotch Plains, the average homeowner is now looking at an annual ...

General Growth wins extension on $900M loans - Providence Business News
CHICAGO – General Growth Properties Inc. (NYSE: GGP) has been granted a two-week extension for $900 million of short-term mortgage debt that had been set to expire last Friday. The loans are secured two Las Vegas malls for which the company is ...

'Extreme Makeover: Home Edition' chooses Girard family from Voluntown - New London Day
Ty Pennington, of ABC's “Extreme Makeover: Home Edition” knocked on the door of Carol Girard's mother's house in Old Lyme at 32 Sunset Drive at 8:22 this morning, officially making the Girard family of Voluntown reality TV stars. Opportunity ...

RI, Michigan lead the nation in unemployment - CNBC
PROVIDENCE, R.I. - Rhode Island and Michigan lead the nation in unemployment during the ongoing recession. Both states reported seasonably adjusted unemployment rates of 9.3 percent in October. Results released Tuesday by the U.S. Bureau of Labor ...

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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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