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Dry up those tears... Real estate recovery will happen - Fallbrook Bonsal Village NewsForest Rhodes photo. Tears shed over Fallbrook real estate values may be likened to a breathtakingly beautiful, greatly admired actress with one giant, sparkling-clear crocodile tear slowly trailing its way down her flawless face. In other words, as ...
Lantigua, others seek six-month moratorium on foreclosures - Eagle-TribuneBOSTON — With more homeowners falling behind on mortgage payments, Rep. William Lantigua, D-Lawrence, and a group of lawmakers are proposing a six-month moratorium on foreclosures. The proposed moratorium is among three bills unveiled yesterday ...
Foreclosures on rise in N.H., nationally - Portsmouth HeraldThe number of home foreclosures in Rockingham County are increasing, following the national trend. In the county, the number of foreclosures in September were 33, compared to 19 in September a year ago, according to information released by Real Data ...
Saving the ranch: As foreclosures mount, help may be on the way - if ... - Eagle-TribuneYou're not alone. That's the message from federal, state and local government agencies, as well as some area nonprofits, to homeowners facing the loss of their homes due to bank foreclosure. Furthermore, say state and federal regulators, a host of ...

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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.
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