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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
Lamar mortgage rates news:
Financial News
Senate hopefuls ponder bailout - Daily News Journal
Republican U.S. Sen. Lamar Alexander compared the nation's problems with the economy to "a wreck on the highway" that "just needed to be cleaned off" during a campaign stop here Wednesday. Alexander was joined by state Sen. Jim Tracy, R-Murfreesboro ...

New Wave Of Rita-Related Lawsuits Filed Against Countrywide - Insurance News Net
Feb. 4--With Hurricane Rita threatening the Gulf Coast in September 2005, Samantha McCormick left her Lumberton home for the Texas Hill Country. Unable to transmit her mortgage payment because of storm-related power failure back in Southeast Texas ...

Enterprise Expands Loan Products to Finance Housing and Healthcare ... - PR Newswire
COLUMBIA, Md., Feb. 21 /PRNewswire/ -- Enterprise Community Investment, Inc., a national leader in affordable housing finance and investment, today announced the expansion of debt products available in its Multifamily Mortgage Finance group ...

Tennessee: Staying beneath the debt cap - Chattanooga Times Free Press
For the Tennessee Valley Authority to build more nuclear plants and install pollution controls on its existing coal plants, Congress may have to raise the agency’s debt ceiling. But even after three decades without any increase in its debt cap, TVA ...

U.S. Audio/Video - NPR - Yahoo News
Spies and reporters know the value of blending in, of observing without attracting attention. That wasn't going to happen in Iliamna, a tiny Alaskan town where everyone knows one another. To rent a car, I had to borrow one. In Alaska, A Pageant For ...

Does McCain’s big lead here hurt Tennessee? - Nashville City Paper
The 2008 Republican National Convention in St. Paul, Minn. has come to a close — a convention that was threatened by a hurricane but over four days built up a strong wind of its own and has given Republicans the fuel they need to storm the country ...

The Education Department’s Activist Agenda - Inside Higher Ed
Education Secretary Margaret Spellings continues to try to counter the twin perceptions of her Education Department as lax on enforcement on the one hand and inappropriately meddling in the affairs of colleges on the other. During a news conference ...

Will UK rescue banks too? - bbc
It's a bit early for definitive judgements about Hank Paulson's plan to rescue Goldman Sachs and Morgan Stanley - sorry I meant the US economy - because today's statement from the US Treasury Secretary is short on detail and elaborates very little on ...

September 2008 (201) - MSNBC Firstread
SEDONA, Ariz. -- In between her debate-prep sessions here, Palin called into the conservative Hugh Hewitt radio program Tuesday, decrying the lack of journalism ethics and repeatedly referring to herself as “Joe Six Pack.” Oct. 1: Sarah Palin ...

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