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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
Dunn mortgage loans news:
Financial News
Oxford Leads Mortgage Turn-Around - Market Wire
HOUSTON, TX--(Marketwire - December 4, 2008) - Every day's headlines announce a new government program or bailout to help homeowners restructure their mortgages and save their homes. Oxford ( PINKSHEETS : OXFD ) has been a leader in this process for ...

Matter Of Records: December 1 - Wichita Falls Times Record News
Kell Propane vs. M.A. Flaharity, 199 Homestead Ln., $211.40, V3308 P579. AT&T Advertising LP vs. Bruce Harris, 3002 Speedway, $4,396.00, V3308 P853. The Estate of Richard Lynn Fanchier, et al, vs. Wichita Falls Care Center Inc., 7473 Row 25, Orland ...

How to request your own Homeland Security file... - Spokane Spokesman-Review
Via the First Amendment Project, here's an easy-to-use website that walks you through requesting a copy of whatever dossier the Department of Homeland Security might have compiled on you so far. From the website: The Department of Homeland Security ...

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 ...

On politicians’ pay, parents’ responsibility - Atlanta Journal Constitution
Atlanta’s next mayor should be paid $225,000, up from $147,500, advises one of those commissions that politicians appoint to provide pay-raise cover. Ostensibly the higher pay is to attract better candidates. That assumes, of course, that losers ...

November 2008 - Weblogs.baltimoresun.com
In an analysis of TV journalism on Wednesday night, I wrote that a red-ball event like the terrorist attacks in Mumbai often provided a great look into a news oganization. But in expressing my dismay at the way MSNBC couldn't let go of the comedic ...

Christmas costs top debt lines' calls - Guardian Unlimited
Deep anxiety over the approaching cost of Christmas, fears of redundancy and the recession are prompting unprecedented numbers of people to call debt charities for financial help. Last week, 9,000 callers tried to contact the Consumer Credit ...

News from Thursday, November 13 - The Ledger
Around Tampa Bay 11/13/2008 Dunn's Book is Powerful 11/13/2008 Dolphins' Pennington Added to Injury List 11/13/2008 Running Collision 11/13/2008 The AR-15 Is a Suddenly a Popular Rifle 11/13/2008 Entertainment Activities 11/13/2008 Weekly Offerings ...

Financial dilemma: For many Muslims, conventional loans can be a sin - Minnpost.com
Seven years ago, staff at the Neighborhood Development Center made a realization. Plenty of Somalis and other Muslim immigrants had attended the St. Paul-based center's trainings for small-business entrepreneurs — but in more than a decade, not one ...

Home builder sentiment tumbles to another low - USA Today
NEW YORK — Fear of job loss, financial market upheaval and recession hammered U.S. home builder sentiment to another record low in November, the National Association of Home Builders said Tuesday. The NAHB/Wells Fargo Housing Market index slumped 5 ...

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