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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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Kimble home equity loans news:
Financial News
Huntington Bancshares Inc. Q3 2008 Earnings Call Transcript - Seekingalpha.com
Huntington Bancshares Inc. (HBAN) Q3 2008 Earnings Call October 16, 2008 1:00 pm ET Executives Tom Hoaglin - Chairman, President, and CEO Don Kimble - EVP and CFO Tim Barber - SVP of Credit Risk Management Nick Stanutz -SVP of Auto Finance and Dealer ...

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