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Mortgage relief at last, if the banks play ball - News.com.au
THE Rudd Government and homeowners can today look forward to the first piece of good interest rate news in more than seven years - a 0.25 per cent cut. And the Government last night prepared for the long-awaited rates cut by pledging a $76 billion ...

CDBG money usage drawing questions - Jonesboro Sun
JONESBORO — The Jonesboro City Council approved $80,000 in public service subcontracts from the city’s annual Community Development Block Grant Thursday. However, some aldermen questioned whether that was the best use of the money. CDBG money is ...

Government may soon back troubled mortgage giants - WTOP Radio
You and me. Us taxpayers. Sheesh, I sure don't want to pay for other person's greed - in the banking industry making the loans, or mortgage debtors too dumb to know they overextended themselves. The bank loaners need to accept responsibility but so ...

Evening classes are go! - Independent
Kevin Brannigan: 'Technology has made courses more accessible than ever before' The adult-education sector has been growing at a phenomenal rate over the past decade. And it's an area that is set to undergo further expansion -- thanks to the current ...

Program seeks millions to get kids into science - Wichita Eagle
Jim Pugh, who teaches a pre-engineering class at West High School, works with Marlo Griffith on a project. The class is part of Project Lead the Way, a program that is aimed at attracting students to engineering. Supporters hope to expand it. An ...

Lehman may split off weak holdings - International Herald Tribune
NEW YORK : Lehman Brothers, the ailing Wall Street investment bank, is working toward a radical solution in its fight for survival: splitting itself into a "good" bank and a "bad" one. Lehman, which has been searching for a financial lifeline from ...

Canadians support government's handling of economy: Flaherty - Globe and Mail
David Hogg from Victoria, Canada writes: Mr. Flaherty and his cabinet colleagues are economic heroes and legends in their own tiny little minds. The biggest difference in the US economy and ours is reflected in the mortgage market and housing market ...

Lehman weighs splitting in two to rid itself of troubling loans - International Herald Tribune
Lehman Brothers, the ailing Wall Street bank, is working toward a radical solution in its fight for survival: Splitting itself into a "good" bank and a "bad" one. Lehman, which has been searching for a financial lifeline from outside investors, is ...

Associations win grant rates battle - InsideHousing
Housing associations are to be offered more generous government grants in a bid to keep them building through the housing market crisis. The Communities and Local Government department this week announced plans to deliver 5,500 more social homes over ...

The Fine Print - Marion Chronicle-Tribune
Circle K 2220 , 863 S. Main St., Upland, Aug. 18, routine; 1C, 6NC, 1R; NC, the lights in the Noble Roman’s display case are not shatter resistant or plastic covered, five days; NC, employees personal drinks not stored properly in designated areas ...

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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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