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Marriott Executive to Stake Out His Own Place in Hotel World - Washington Post
After 16 years at Marriott International , Norman Jenkins is walking away from what appears to be a secure corporate job and stepping out on his own at a time of high economic turbulence. "I'm a contrarian, and I think it's a good time," says Jenkins ...

Staking Out His Own Place in Hotel World - Washington Post
After 16 years at Marriott International , Norman Jenkins is walking away from what appears to be a secure corporate job and stepping out on his own at a time of high economic turbulence. "I'm a contrarian, and I think it's a good time," says Jenkins ...

Louisiana Tech defeats Fresno St. 38-35 - FOX News
RUSTON, La. — Daniel Porter rushed for 189 yards and two touchdowns to help Louisiana Tech hold off Fresno State 38-35 on Saturday. Tom Brandstater, who was 23 of 38 for 296 yards and four touchdowns for Fresno State (5-3, 2-2 Western Athletic ...

Ryan, defense lead Falcons over Saints - FOX News
ATLANTA — When John Abraham wasn't bearing down on him, Drew Brees had to contend with all those pesky Atlanta defensive backs, constantly getting in the way of his throws. It was a miserable afternoon for the NFL's most prolific passer. While ...

Q&A with 6th district candidates - WTOP Radio
As a conservative, I understand that only businesses and entrepreneurs create both jobs and wealth. Governments can hire people to do important jobs -- but only by transferring wealth from taxpayers. I support taxpayers to know better than ...

Wachovia Names David Pope President for Mortgage and Retail Credit ... - PR Newswire
CHARLOTTE, N.C., Jan. 24 /PRNewswire-FirstCall/ -- Wachovia Corporation announced today that David Pope has been named president of Wachovia Mortgage and Retail Credit. In his new role, Pope will be responsible for leading the daily sales ...

O'Brien's blog - Atlanta Journal Constitution
The entry titled "Which Braves prospects are untouchable?," and any of the comments about it. Philadelphia — I’m in chilly Philly and Braves officials are not. But neither are officials from most other teams, save for the participating Phillies ...

300,000 BRITS DEVASTEATED BY HOLS DISASTER - Daily Star
AROUND 300,000 Brits have been left devastated by the biggest holiday firm meltdown in UK history. XL Leisure Group – the third biggest in Britain, with 1,700 employees and 21 planes – went into administration at 3am yesterday, causing chaos and ...

Firstwatch: What's ahead in the news today - Milwaukee Journal Sentinel
There was the thrill of selection, the agony of its top snapping off after it was cut down, the humiliation of it being joked about on cable news. Today the 45-foot Colorado blue spruce will finally get to serve its purpose. Milwaukee County ...

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

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