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How Private Equity Strangled Mervyns - BusinessWeekBy Emily Thornton Morris, founder of Mervyns at the site of the original store in San Lorenzo, Calif. Eric Millette The site of the original store in San Lorenzo, Calif. On the morning of Oct. 23, Mervin G. Morris went to the Hayward (Calif ...
Taylor thinks Jaguars career could soon be over - FOX NewsTaylor said Wednesday he wants to play another NFL season, but realizes it might not be in the same place he spent the first 11 years of his career. "You do the math," Taylor said. "If you were on the outside looking in, you would think a change was ...
Maid-Turned-Realtor Ran Vegas Mortgage Scam, Prosecutors Say - BloombergOct. 30 (Bloomberg) -- Eve Mazzarella was a Las Vegas success story. The high-school dropout and former housemaid moved to the Nevada city in 2000 from Seattle, got a certificate from the ABC Real Estate School and started selling houses in what ...
Washington Hospital helps bail out St. Rose - Inside Bay AreaFREMONT — Washington Hospital has approved a $1.5 million grant to help keep St. Rose Hospital in Hayward afloat. The grant, approved last week at the urging of Alameda County health officials, is part of a plan to help St. Rose refinance its debt ...
Sales of private firms drop as credit shrinks - International Herald TribuneLONDON : Sales of private companies plunged in the third quarter due to the intensifying bank crisis, but deal valuations held steady as owners resisted selling out cheaply, a study released on Monday showed. Accountants BDO Stoy Hayward said the ...
Need to know: M&S down ... FirstGroup profits ... Virgin Media debts - Times OnlineInterest rates : The Bank of England is forecast to cut interest rates by half a point to 4 per cent on Thursday, although some economists are forecasting a full one-point reduction. Manufacturing activity : The manufacturing purchasing mangers ...
Eastridge owner's stock tumbles - San Jose Business JournalStock in General Growth Properties Inc. , the Chicago real estate investment trust that owns Eastridge shopping center in San Jose and five other major Bay Area shopping centers, tumbled to a 52 week low Thursday after falling 37 percent Wednesday ...
Mall owner’s stock tumbles - Sacramento Business JournalGeneral Growth Properties Inc. , the Chicago real estate investment trust behind the stalled Elk Grove Promenade shopping center and another project in Folsom, saw the value of its stock fall 37 percent Wednesday amid concerns about the company's ...
'Straw' buyers land loans - Las Vegas Review JournalThe pair, real estate agent Eve Mazzarella and husband Steven Grimm, recruited fake -- or "straw" -- buyers to apply for loans to buy 227 properties worth nearly $110 million. The recruits often were their own employees, people with good credit, who ...
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