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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.

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Brazoria home equity loans news:
Financial News
Bank of America Announces Customer Disaster Relief Program in Wake of ... - PR Newswire
HOUSTON, Sept. 17 /PRNewswire/ -- Bank of America today announced its disaster relief program for 29 counties in Texas and 14 parishes in Louisiana that have been most heavily impacted by Hurricane Ike. (Logo: http://www.newscom.com/cgi-bin/prnh ...

BUYINS.NET: (PRSP) SqueezeTrigger Price is $31.727. There is $162,941 ... - TMCnet
BUYINS.NET / www.squeezetrigger.com is monitoring Prosperity Bancshares Inc. - Common Stock (NASDAQ:PRSP) in real time and just received an alert that is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any ...

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