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Pike officials pushing tolls as hedge against 'swaption' costs - Abington Mariner
Massachusetts Turnpike Authority officials are warning lawmakers that millions in Big Dig debt could explode if House efforts to limit toll increases, with a gas tax hike or by stripping the agency of toll-levying power, gain traction.  Turnpike ...

FORECLOSURE: for 22 months, Nevadans have faced worst of national ... - Reno Gazette
Shelly Griese hates to move. But in the last four months, the 47-year-old Reno resident found herself doing exactly that. Twice. Packing boxes on a clear November afternoon, a tired and dejected Griese expressed disbelief on how quickly her life has ...

Home Value Highwire - WTOP Radio
On Monday, we featured the Ninmag family in our weekly Home Value Highwire. Mark Ninmag gave up his new job to care for his wife who had colon cancer that spread to her liver. He's now received the second foreclosure notice on his Herndon home. "At ...

State Supremes: unsubstantiated allegations of teacher sexual ... - Spokane Spokesman-Review
In a case where the 11 petitioners are all known as John Doe, the state Supreme Court ruled 6-3 this morning that unsubstantiated allegations of teacher sexual misconduct can be withheld from public disclosure. School districts can investigate any ...

November 2008 - Weblogs.baltimoresun.com
Reader Dave sends this nice letter to Obama's change.gov Web site, a propos of Saturday's column on layoffs. Dear President-elect Obama, Normally, I do not comment or send letters to elected officials, but since we are all looking for positive change ...

With markets in turmoil, how to buy gold bars - Globe and Mail
As the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top. With the market in turmoil, I may buy some gold ...

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 ...

U.S. banks mine data and pitch to troubled borrowers - International Herald Tribune
Brenda Jerez hardly seems like the kind of person lenders would fight over. Three years ago, the New Jersey resident became ill with cancer and ran up $50,000 on her credit cards after she was forced to leave her accounting job. She filed for ...

Maryann Haggerty and Elizabeth Razzi - Washington Post
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi. Maryann has been with The Post for 18 years and has served as real estate editor for ...

'07 Horse of the Year Curlin to be retired - FOX News
Majority owner Jess Jackson, who has an 80 percent stake in the horse, said in a statement issued Sunday that he'll consider offers from farms in Kentucky before deciding where Curlin will stand at stud. "He always gave it his all and has done ...

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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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