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News about Mortgages:
General Growth Properties retains Sidley Austin LLP in ‘advisory ... - Business CourierGeneral Growth Properties Inc. , the owner of Kenwood Towne Centre and Florence Mall locally, has hired one of the country’s largest law firms as it considers filing for bankruptcy protection. Chicago-based General Growth (NYSE: GGP) said in a ...
General Growth Properties retains adviser - Milwaukee Business JournalGalleria parent retains Sidley Austin LLP in ‘advisory role’ General Growth Properties retains Sidley Austin LLP in ‘advisory role’ USAA buys full ownership of Chelmsford building General Growth's woes may delay Ridgedale Trader Joe's store ...
Meltdown of economy detailed in local reports - Birmingham Business JournalEconomic wreckage is spread across the country, in virtually every sector, starting with housing, with one in every 452 U.S. housing units receiving a foreclosure notice in October. The Federal Reserve Bank of Atlanta's vice president delivered grim ...
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