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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
Scott mortgage quotes news:
Financial News
UPDATE 1-MOVES-Citigroup, PGGM, ACE, Virgin Money - Forbes
Dec 4 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. Ace Ltd said it appointed Jim Duncan as Property & Casualty (P&C) country ...

WRAPUP 2-U.S. layoffs spread, CEOs see more pain ahead - Forbes
By Scott Malone BOSTON, Dec 4 (Reuters) - Fear of a deepening recession is spreading throughout corner offices across corporate America, prompting chief executives in all sectors to slash thousands of jobs as they scramble to find ways for their ...

Nov 30 - Dec 06 (176) - Andrewsullivan.theatlantic.com
If you're like me, you're putting your monthly retirement account statement directly into the trash without opening it. But it could be worse. An Economist writer who taught financial literacy to homeless single mothers noticed something wild : One ...

The upside of "zero privacy" - Reason.com
If you haven't noticed it already, flip back a few pages and take a good look at the front cover . Unless you picked this magazine up on a newsstand, you should see your neighborhood's grinning mug shot, exposed in all its glory from above. Depending ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. In a few minutes, the leaders of the nation’s automakers will go before Congress and attempt to explain exactly how their companies are ...

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 ...

Atlanta Journal-Constitution - Atlanta Journal Constitution
The entry titled "Hampton is gone, while Peavy is ...," and any of the comments about it. Come back … no, good riddance … Please stay, we need you … no, please just go. Does that pretty much summarize the polarizing presence that was Mike ...

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 ...

Brother, can you spare a sub-prime (insurance policy)? - Salon
Wanna raise hackles on Wall Street? Sneak up behind an investment banker and whisper the words "systemic risk." As in: The miseries currently being experienced by subprime mortgage lenders are causing enough problems in derivatives trading markets so ...

Stock & fund quotes - ninemsn
This weekend in Washington saw a meeting of what is known as the "Group of 20" nations - those representing the most powerful economies in the world. It's a little bit of a misnomer, as the G20 is actually 19 nations plus the European Union. The ...

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