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News about Mortgages:
Jim Freeman - OpEdNews.comTHE TRICKLE-UP BAILOUT--BUY THE HOUSES, NOT THE DERIVATIVES (5 comments) The government could offer to refinance all mortgages issued in the past five years with a fixed-rate, 30-year mortgage at 6 percent. No credit scores, no questions asked; just ...
Online-only letters - Seattle TimesDemocrats are suing Washington's secretary of state to force Dino Rossi to list himself as "Republican" rather than "GOP." Judging by Elway polls quoted by Democrat party leaders, a fair number of Democratic voters are too stupid to know that the ...
Colonie Center co-owner records $78.9M loss in 2Q - Albany Business JournalFinancial problems continue to mount for the co-owner of Colonie Center in Colonie, N.Y. If Feldman Mall Properties can’t raise more money or refinance its debt, it won’t be able to pay for operations by the fourth quarter of this year and may ...
Whatever the plan, is Paulson the man? - American ThinkerIf there's potential for a conflict of interest related to resolving the current financial "crisis," Treasury Secretary Paulson's relationship with and ties to China might seem to fit the bill. Mind you, there's nothing to suggest anything ...
Top 10 Other Benefits of Your AAA Membership - Edmunds.comIf you're like a lot of people, you're an American Automobile Association (AAA) member who rarely or never whips out the card. And you're grateful for this, since you figure AAA benefits are only of value in emergency situations. But we've got news ...
Reid Disses McCain's Plan to Come to DC: 'Trying to Divert Attention ... - ABC News BlogsSenate Majority Leader Harry Reid, D-Nev., just took some swipes at Sen. John McCain, R-Ariz., at a press availability with Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, after the Democratic Senate Caucus met this evening with ...
State of the Union Address by the President - ChristianNewsWireSeven years have passed since I first stood before you at this rostrum. In that time, our country has been tested in ways none of us could have imagined. We faced hard decisions about peace and war, rising competition in the world economy, and the ...
September 2008 - Meganmcardle.theatlantic.comContra Julian , I think it's fair to blame her handlers on the extent of her disaster on Katie Couric; she would have done better answering the questions off the cuff and admitting genuine ignorance. Instead they tried to cram her with answers to ...
Greenspan Calls for Action on Financial Crisis - Wall Street JournalThe U.S. economy is in the grip of the most severe financial crisis since the Great Depression. Even highly credit-worthy businesses are paying unprecedented premiums for borrowing. A large fraction of businesses are shut out of the credit market ...
Political Punch - ABC News BlogsJake Tapper is ABC News' Senior National Correspondent based in the network's Washington bureau. He writes about politics and popular culture and covers a range of national stories. A Democrat tells ABC News that, in a phone call late this afternoon ...

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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 |