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AB Inbev issues $5 bln in bonds - Raw Story
Anheuser-Busch InBev said Friday it was issuing five billion dollars (3.6 billion dollars) in bonds to help refinance the merger that created the brewing giant last year. The company said it had priced 1.25 billion dollars in five-year notes yielding ...

Nationalising Tories - bbc
If there was even a scintilla of doubt that we're in a very painful recession, that doubt must be eliminated by the release today of statistics on manufacturing output and industrial production in November. These were truly shocking. The seasonally ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Call InBev’s board proposal self-serving? Check. Play up experience, independence and sophistication of existing A-B board? Check. Make ...

Dear Mr. President - Las Vegas Sun
The new year will bring the inauguration of a new president, Barack Obama. The Sun invited several Southern Nevadans to write the president-elect, sharing their priorities for his administration and their hopes and dreams for themselves, the ...

CapeCodToday Blog Chowder - Cape Cod Today
Welcome to CapeCodToday's Blog Chowder! This page aggregates the most recent postings from all the CapeCodToday bloggers for your convenience. Bookmark this page or see below left for RSS options. I remember the OJ trial. There was a lot of evidence ...

The World Newser - ABC News Blogs
George Stephanopoulos interviewed Israeli Foreign Minister Tzipi Livni briefly today on Israel's decision to reject international calls for a 48 hour cease-fire . Livni said that a cease-fire "doesn't serve Israel" because Hamas will "abuse any kind ...

Does the Bank Rate matter? - bbc
There is a good deal in Evan Davis's remarks this morning on Today that all the fuss about whether the Bank of England should cut interest rates may be the equivalent of bald men arguing over who should have the comb - and his apology to my old ...

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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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