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News about Mortgages:
Mortgage company begins foreclosure process on Guerra’s home - Brownsville HeraldRAYMONDVILLE - A mortgage company is foreclosing on District Attorney Juan Angel Guerra's house, according to notice posted at the Willacy County courthouse. Chase Home Finance of Columbus, Ohio, has begun the foreclosure process on the house that ...
Lender aid expected to trickle down - Santa Rosa Press DemocratIf you're buying a home, refinancing a mortgage or seeking an auto or student loan, the new government plans to make borrowing cheaper and easier sound like a gift. One problem, however, is that whole categories of people may be ineligible. If you ...
Mortgages head down - MarketwatchCHICAGO (MarketWatch) -- The 30-year fixed-rate mortgage dropped below 6% on average this week, a seven-week low for the mortgage, according to Freddie Mac's weekly survey, released on Wednesday. The mortgage averaged 5.97% for the week ending Nov ...
Willacy DA's house being foreclosed - McAllen MonitorRAYMONDVILLE - A mortgage company is foreclosing on District Attorney Juan Angel Guerra's house, according to notice posted at the Willacy County Courthouse. Chase Home Finance of Columbus, Ohio, has begun the foreclosure process on the house that ...
Business Comment » - yorkshirepostBernard Ginns: Back to basics as the bias against spending hits home A LETTER from my mortgage lender arrived at the end of last week. Blackfriar: It's about time the banks accepted some responsibility HINTS from The Monetary Policy Committee that it ...
Lenders told to treat mortgage holders fairly or face action - HeraldMortgage lenders were warned by regulators yesterday they must take "urgent" steps to ensure fair treatment of customers in arrears. Lenders may face disciplinary action if they do not comply with new rules by a January 31 deadline, the Financial ...
Newspaper round-up - Reuters UKTory leader David Cameron on Wednesday challenged Gordon Brown that the Treasury had considered raising value-added tax to 20 percent or even higher in 2011, thus concealing a "tax bombshell". Mr Brown responded by saying that "we considered all ...
Easier lending may take time - The Money TimesWashington -- Two new U.S. government programs to kick-start loans for consumers will take time to kick in and do not help borrowers with bad credit, experts said. The government moved Tuesday to lend $200 billion to investors to buy asset-backed ...
PRESS DIGEST - Financial Times - Nov 27 - Reuters UKTory leader David Cameron on Wednesday challenged Gordon Brown that the Treasury had considered raising value-added tax to 20 percent or even higher in 2011, thus concealing a "tax bombshell". Mr Brown responded by saying that "we considered all ...
New U.S. relief plan may take time - International Herald TribuneFor U.S. consumers buying homes, refinancing mortgages or seeking auto or student loans, the new government plans to make borrowing cheaper and easier sound like a gift. One problem, however, is that whole categories of people may be ineligible ...
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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