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Mel Karmazin On Madison And The Merger - Forbes
I don't often leave my office for lunch, and I am told that neither does Sirius XM CEO Mel Karmazin. So you can imagine my surprise when we encountered each other on Madison Avenue a few days ago. Is your portfolio ready for recovery? Small-caps ...

Week in Review - Thursday, Sep 4 - Delaware Online
ST. PAUL, Minn. -- Overheard at a Michigan delegation breakfast: "I think Joe Biden was great last night, don't you." UD STUDENT ROBBED: A 21-year-old University of Delaware student was assaulted and robbed late Tuesday as she walked through the ...

Investment Sales - New York Observer
Macklowe Properties Chairman Billy Macklowe. Hot damn! The Real Deal is reporting that Deutsche Bank is suing Macklowe Properties "to foreclose on $482 million in principal loaned to develop the Drake Hotel site at Park Avenue and 56th Street ...

Bush Stands By Petraeus; New Showdowns With Hill Loom - US News and World Report
In remarks at the White House yesterday morning, President Bush said he would give Gen. David Petraeus "all the time he needs" in Iraq before proceeding with further reductions in US troop levels. Bush also said, as the CBS Evening News reported ...

01/16 - 01/23 (1) - Dakota Voice
Badlands Blue Dakota 21 Dakota Today DakotaWomen GraceLife Haggard News Hog House Blog Jay Reding.com Jim Rivers Report Mount Blogmore (RC Journal) Northern Valley Beacon Proud Liberal RadioActive Chief Rage in the Cage Robbinsdale Radical School-of ...

LOOK TO LARRY - New York Post
Billionaire real estate mogul Larry Silverstein is gunning to buy the iconic GM Building from beleaguered developer Harry Macklowe in a deal that could fetch about $3.5 billion ahead of a deadline for bids, according to sources familiar with the ...

Great Wolf Resorts Closes $55 Million Mortgage Loan - PR Newswire
MADISON, Wis., Feb. 6 /PRNewswire-FirstCall/ -- Great Wolf Resorts, Inc. (NASDAQ: WOLF) , North America's leading family of indoor waterpark resorts, today announced that the company has closed on a $55 million mortgage loan. The loan is secured by ...

ITC Holdings Corp. Prices Its Equity Offering - PR Newswire
NOVI, Mich., Jan. 17 /PRNewswire-FirstCall/ -- ITC Holdings Corp. (NYSE: ITC) today announced that it has priced its public offering of 5,583,250 shares of common stock at $50.15 per share and has granted the underwriters a 30-day option to purchase ...

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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.

    View all Terms
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