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Water park in idea phase - Leaf ChronicleI've committed to providing a nice water park with nice amenities to it," Piper said Friday. "It's not something I intend on doing in a small way." The City Council approved the idea of the water park — and spending of about $32 million on the ...
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 ...
Mall owner struggles to regain solvency - Bartlesville Examiner-EnterpriseGeneral Growth Properties Inc., which owns Washington Park Mall in Bartlesville, may be forced to file bankruptcy if it is unable to extend or refinance its nearly $1 billion in debt due in December. Steadily declining this year, its stock market ...
Intrawest plans layoff statement today - Rocky Mountain NewsCanadian resort operator Intrawest will make an announcement about layoffs this afternoon that will likely affect some workers at its Colorado ski areas - Steamboat, Copper Mountain and Winter Park. "We're working on something right now," said Ian ...
Fitch Rates Chicago Park District, Illinois' $167MM GOs 'AA+' - PR Inside--$35 million general obligation (GO) unlimited tax park bonds, series 2008E (special recreation activity alternate revenue source); --$20 million GO limited tax park bonds, series 2008F; --Approximately $40 million GO limited tax refunding bonds ...
Preserving Homeownership - Voiceof San DiegoMayor Jerry Sanders formally announced the city's plan to spend $9.4 million in HUD grants at a press conference earlier this afternoon. Housing Commission officials are slated to present the plan this afternoon in the City Council meeting. Along ...
In Brief - Vancouver SunEAST RUTHERFORD, N.J. - Cleveland's LeBron James became the youngest player to score 11,000 career NBA points in Tuesday's game against the New Jersey Nets. The Cavaliers forward needed 13 points to succeed Kobe Bryant as the youngest player to reach ...
Business Briefs - KPNews.commillion American-British investment. U.S. senator concerned over investment threat; Automakers say they need taxpayer bailouts; EBRD loans money to Ukraine’s state railway; Insurer postpones its plans for expansion; Automaker freezes plans for new ...
Consider the source when buying gift cards - Evening StarGift cards are a popular holiday purchase, but buyers and recipients should remember the cards are only as good as the issuer. Federal law does not require retailers and other gift-card issuers to honor the cards in the event of bankruptcy because ...
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 ...
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