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Banner completes acquisition of Sun Health - AZCentral.comBanner Health this week completed its $316 million purchase of Sun Health Corp. and immediately swapped out the management teams and changed the names of Sun Health's two hospitals located in the Sun City area. Long-time fixtures in the Sun City and ...
Billionaires Up, America Down - Common DreamsWhen it comes to producing billionaires, America is doing great. Until 2005, multimillionaires could still make the Forbes list of the 400 richest Americans. In 2006, the Forbes 400 went billionaires only. This year, you'd need a Forbes 482 to fit ...
M’sian tycoon to pay RM16b for Maxis - ComputerworldAnanda Krishnan has offered to pay RM16 billion to buy out the remaining shares of Maxis Communications, making it the largest telecommunications takeover deal and privatisation effort in Malaysia in recent years. The Malaysian tycoon’s firm Usaha ...

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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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