Flat Rock Mortgage Refinance and Information Online from competing Lenders

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House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

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 ...

An Invitation to Our Readers - BusinessWeek
Earlier this year, we launched a new and innovative feature on BusinessWeek.com to prominently highlight the insights of our readers. Called In Your Face , it calls attention to the most substantive comments left on our site by our readers. Not only ...

What is the single most important ramification of the election? - Atlanta Journal Constitution
Before I tackle this week’s topic, I must first congratulate Barack Obama. Even the election of a man with whom I deeply disagree makes me proud to be an American. I will probably object to his policy priorities, but the ascendance of our first ...

Is an equity accelerator program for you? - Everett Herald
Last year Jennifer and Mike Wheat refinanced to a new kind of mortgage that could help the Lake Stevens couple pay off their loan in about 11 years for thousands less than if they had opted for a traditional, fixed-rate 30-year loan. Variations of ...

Viacom, Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Good day everyone and welcome to the Viacom third quarter 2008 earnings release teleconference. Today’s call is being recorded. And at this time I would like to turn the call over to the Senior Vice President of Investor Relations, Mr. Jim ...

A very sorry banker - bbc
It's very rare indeed for a bastion of Britain's corporate establishment to say sorry about anything - let alone say it in a public meeting. So Sir Tom Mckillop's big sorry to shareholders, customers and employees is a proper event. Royal Bank has ...

Brown tells the lenders to cut mortgage rates - Scotsman
BANKS were under growing pressure last night to pass on dramatic savings to borrowers after the Bank of England slashed interest rates by 1.5 percentage points. Only Lloyds TSB confirmed it would adjust mortgage rates immediately, despite demands ...

Bank of China sniffs HBOS - bbc
Bank of China , the giant Chinese bank, is the mystery bank that Jim Spowart and European American Capital hope will make an offer for HBOS to stymie the takeover bid from Lloyds TSB. It would be quite an event were it to happen. If Bank of China ...

Credit Crisis: How Did We Get Here? - Huffingtonpost.com
In a recent blog I discussed the reasons for the credit mess we are in. I want to now focus on the companies that failed and triggered this panic wave. Let's start with the Government Sponsored Entities, the GSE's, namely Fannie Mae and Freddie Mac ...

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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