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Just the Facts... - Safe Haven
For the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Now that Hank Paulson has transformed the U.S. Treasury into Goldman Sachs South–buying, selling, lending to and merging companies–it ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Bailout bucks aren't designed to bail you out - News-Press
That's the message from experts who say individuals with mortgage problems should not count on any of the $700 billion authorized by Congress two weeks ago to go directly for their benefit. Instead, concentrate on keeping your payments current and if ...

Charter Chairman Fields ‘Informal Inquiries’ - Multichannel Online
Charter Communications said its chairman and controlling shareholder Paul Allen was recently approached by unnamed investors inquiring about possible investments or transactions with the St. Louis-based cable company. According to a document filed ...

'Muzzled' Biden's Halloween Present: A Press Avail - ABC News Blogs
ABC News' Matthew Jaffe reports: Earlier this week, Republicans claimed that Sen. Joe Biden, D-Del., had been “muzzled” by the Democratic campaign, noting that he had not held a full-fledged press availability with traveling reporters since a ...

Look, I don't mean to sound like a dufus, but how much of the bail out ... - OpEdNews.com
My PhD is math and I encourage my students (when I teach) to feel free to ask questions, since they typically block themselves by thinking they're the only one in the room for whom this material is a black hole. The reality, of course, is that ...

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Today's Mortgage Terms starting with S

  • Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
  • Sellers 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
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