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Recession impacts bay area wood products industry - Ashland Daily PressYou don't have to look very far to see the impact of the current recession in the Chequamegon bay area's woods products industry. The spiraling downturn in the economy, exacerbated by the collapse of the home mortgage market, has meant tough times ...
Judge reinstates Islamic group's wiretapping suit - Buffalo NewsA federal judge on Monday reinstated an Islamic charity's lawsuit challenging a Bush administration surveillance program. U.S. District Judge Vaughn Walker said there is enough primary evidence showing the charity might have been the target of ...
Here we go again - Medford Mail TribuneRegarding "A chance for consensus," Sunday, Dec. 28: Risking the Reaganesque "here we go again," the "we-did-the-right-thing" trio of McCain, Lieberman and Graham are trying to regale us again with a justification for a war that should never have ...
Endangered arts - Times ReporterPoet Langston Hughes once wrote that “money and art are far apart.” In these tough economic times, the Tuscarawas County Center for the Arts at New Philadelphia is hoping to bring the two a little closer together. Like many other non-profit ...
Real Estate Transactions - Charleston Post & CourierThe transactions listed below include properties sold for $200,000 or more and recorded Nov. 10-14. McAlister Togant Kiawah LLC sold 6005 Green Dolphin Way, The Maritime at Kiawah to Robert A. and Bette T. Kennedy for $2.4 million. Mount Pleasant ...
Wendy Ishii: Colorado's 2008 Theater Person of the Year - Denver PostThe Denver Post's Colorado theater person of the year: Wendy Ishii, co-founder of Bas Bleu Theatre. Ishii was buried up to her neck on the set of Samuel Beckett's "Happy Days." Toasting Ishii are Bas Bleu supporters Matt Strauch, left, Laura Jones ...
Readers’ Choice: The Law Blog Newsmaker of 2008 - Wall Street JournalBefore you close your browsers for the last time in 2008 and head off to well-deserved celebrations, we’re going to call on you one last time, Loyal Law Blog Readers. After much deliberation (and some spirited argument) we’ve compiled, for your ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Before you close your browsers for the last time in 2008 and head off to well-deserved celebrations, we’re going to call on you one last time ...
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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