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Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. When Deal Journal told people we were going to cover an event honoring the 25 Most Powerful Women in Banking, a common reaction was: “There ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd 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 ...
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Localities Firming Up Foreclosure Aid Plans: Proposals Due Soon On ... - Washington PostThe massive housing bill that passed Congress this summer will deliver $22 million to the Washington region's jurisdictions, and local governments must decide in the next few weeks how to spend that money to erase the blight of abandoned and ...
To build hotel, Dallas to pay $25 million more on convention center - Dallas Morning NewsTo construct a $550 million convention center hotel complex downtown, Dallas must also incur millions of dollars in additional debt payments on the convention center itself, a cost some at City Hall have been reluctant to connect directly to the ...
For local banks, credit still flows - North Bay Business JournalLenders sending dramatically fewer foreclosure notices Roundup of North Bay bank earnings Banking: Financial advisers urge clients to employ discipline Business Journal Q&A: Exchange Bank president looks ahead BANKING: Banker Glen Terry named new CEO ...
U.S. moves to prop up those at risk of foreclosure - Globe and MailReality Check from Golf green on Bloor St., Canada writes: I don't like this at all. Do you hear the can of worms opening up? "To qualify, borrowers would have to be at least three months behind on their home loans, and would need to have home loans ...
Mall owner eyes bankruptcy, but outlet should stay open - Staten Island AdvanceSTATEN ISLAND, N.Y. -- A possible bankruptcy filing by General Growth Properties is not likely to affect the operations of the Staten Island Mall or any of its other properties, a retail expert told the Advance. Shares of GGP (NYSE:GGP) plunged for ...
Republican leaders rouse crowd waiting for McCain in Coral Gables - Palm Beach InteractiveCORAL GABLES — John McCain was still campaigning in New Hampshire when the doors at the Bank United Center opened tonight and the arena began filling with thousands of his supporters. The Republican presidential nominee himself isn't expected to ...
Governor looks to aid banks and homeowners - Newark Star-LedgerAs part of a sweeping plan to carry New Jersey's economy through the global financial crisis, Gov. Jon Corzine plans today to propose investing $250 million from the state pension fund in community banks to spur lending to small businesses, and ...
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