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Bankruptcy filings up - over 100,000 in October - San Francisco GateTara Siegel Bernard,Jenny Anderson, New York Times Plummeting home values, dwindling incomes and the near disappearance of credit have proved a potent mixture. While all the usual reasons that distressed borrowers seek bankruptcy - job loss, medical ...
Employee robbed at Citgo on northwest side - Milwaukee Journal SentinelThe man asked the victim for help with a stalled car, police said. Once the two were outside, the man implied that he had a handgun and robbed the victim. Police did not say how much money was taken. The suspect is described as a black male, 6 feet ...
Economist: It's going to get worse before it gets better - Santa Rosa Press DemocratJobless ranks could hit 10 percent and home prices will continue to fall across California, with Sonoma County feeling its share of the worsening downturn, according to an economic forecast released Friday. The worst recession to hit the state and ...
More Shasta County residents can afford to buy a home - Record SearchlightThe number of people who can afford to buy a home in Redding has reached the highest level in more than four years — thanks to falling values and low interest rates. Of the new and existing homes sold in the third quarter, 40 percent were ...
Car fire on 94 at 121st - Milwaukee Journal SentinelNov. 21, 2008 6:53 a.m. | A car fire is backing up the commute on westbound I-94 near 121st St. Here's the look from the DOT camera . The fire is causing major delays. The trip from downtown to Moorland Rd ., normally a ten minute drive, was taking ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
Ritter Proposes State's Own Stimulus Package - Denver ChannelDENVER -- Lawmakers are questioning the need for Colorado to have its own economic stimulus package after Gov. Bill Ritter offered one Thursday. Ritter told the Legislature's Joint Budget Committee he wants to set aside $2.5 million to help small ...
Money Help: Transfer your balances and you will speed forward to debt ... - Anderson Independent-MailIf you have debt and are marching toward debt freedom, the following information could be worth thousands of dollars and could help you reach debt freedom months, or even years, earlier than you thought possible. Start by asking yourself the ...
Granholm to release $150 million for banks to loan out - Detroit Free PressShe also said she'll ask lawmakers to allow a 90-day freeze on home foreclosures to give homeowners time to refinance their loans with lenders. Granholm also warned, just five weeks into the budget year that began Oct. 1, of more state budget cuts by ...
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