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Mortgage Insurers Won't Pay on Bad Loans - CNBCMortgage Insurers Won't Pay on Bad LoansCNBCWhether now is the time to get in on banks, with Michael Farr, Farr, Miller & Washington; Anton Schutz, Mendon Capital and the bad loans that could cost big ...and more »
AIG, Citigroup, Fannie Mae, Freddie Mac Shares Surge - BusinessWeekAIG, Citigroup, Fannie Mae, Freddie Mac Shares SurgeBusinessWeek“You don't know what the government might do across the board, good or bad,” said Anton Schutz, who manages $225 million of financial stocks at Mendon ...and more »
Chamber show: Better days ahead - Rutland HeraldChamber show: Better days aheadRutland HeraldYet, Joe Eaton of Allen Pools & Spas in Mendon said spa sales have picked up and business is better than a year ago. A traditional indicator of economic ...and more »
Money briefs - Worcester TelegramMoney briefsWorcester TelegramMENDON — Company owner and real estate broker Judith A. Leonelli of Century 21 Millennium announced that later this month the company will be known as ...and more »
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.
View all Terms