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Moody's reaffirms A3 stable bond rating for Monongahela Valley ... - Pittsburgh Business TimesMoody’s Investors Service has reaffirmed an A3 stable rating for $12.4 million 2000 issue bonds for Monongahela Valley Hospital. The rating is based on the hospital’s strong balance sheet, market share and operating revenue growth, according to ...
Q&A: Small business and retail - San Jose Business JournalFehrenbach took his current position with the 650-member chamber in July. He is a loan officer at Palo Alto’s Stern Mortgage Co. A: It will be a pretty tough year. I think you will see a return to the old-school methodology where things that have ...
What you need to know about refinancing - WSLSDebi Clingempeel has been waiting patiently for almost a year now. With interest rates nearing historic lows, Clingempeel has been waiting to refinance. “My current interest rate is at seven percent, and I wanted to get it down to about 5.5 ...
Ormat Technologies Signs a $105 Million Long-Term Senior Debt ... - EarthtimesAuthor : Ormat Technologies, Inc. RENO, Nev. , Jan. 8 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that on January 5, 2009 , its wholly-owned subsidiary, Orpower 4, Inc., signed loan documents for project financing ...
IRS agents soften heart for delinquent taxpayers - Napa Valley RegisterWASHINGTON - As the nation sinks deeper into recession, the IRS is offering to waive late penalties, negotiate new payment plans and postpone asset seizures for delinquent taxpayers who are financially strapped, but make a good-faith effort to settle ...
Rates are low, but loans difficult to get - San Jose Mercury NewsMortgage rates are at their lowest level in decades, but thousands of Silicon Valley residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the most bullet ...
County foreclosures soared 171 pecent in 2008 - East Valley TribuneForeclosures in Maricopa County jumped 171 percent last year compared with 2007, with Chandler, Gilbert and Mesa among the hardest-hit cities. That's according to a new report by Default Research, which provides foreclosure information on the Valley ...
Low mortgage rates tough to get - Inside Bay AreaMortgage rates are at their lowest level in decades, but thousands of Bay Area residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the most bulletproof ...
Commercial real-estate market faces worsening slump - Inland Valley Daily BulletinLike the housing market, the Inland Empire's commercial real estate market could become the poster child of a worsening nationwide commercial slump. "2009 should be a challenging year for owners," said David Salazar, managing director at ...
Taking advantage? - Sauk Valley Daily GazetteDo you see an ethical dilemma involved in buying things like repossessed cars, houses that have been through foreclosure, or even pawn shop items? While these kinds of purchases can be smart and thrifty, I worry sometimes that I'm taking advantage of ...
Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
View all Terms