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Retail downturn rains on Macy's parade - AZCentral.comWhen Macy's Inc. paid $11.5 billion to acquire rival May Co. in 2005, investors asked whether consolidation could save the department store, or just prolong its decline. So far it looks more like the latter. The company lost $30 million in the first ...
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Touro University looks to refinance $23.5 million debt - Las Vegas SunTouro University is seeking Henderson's approval to issue $23.5 million in tax-exempt bonds to refinance the university's debt from purchasing its two-building campus in Green Valley. The measure was introduced to the City Council Tuesday and is ...
Davis + Henderson Reports Third Quarter 2008 Results - CNW GroupDavis + Henderson reported solid financial results for the three and nine months ended September 30, 2008. TSX Stock Symbol: "DHF.UN". Website: www.dhltd.com >> TORONTO, Oct. 28 /CNW/ - Third Quarter Highlights - Revenue in the third quarter of 2008 ...
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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.
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