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Business briefs - Jackson Clarion-LedgerThe 460,000-square-foot property was sold for $47.5 million. Parkway received net cash proceeds from the sale of approximately $45.8 million, a majority of which was used to pay off a mortgage on the property and pay down some company debt.
Premier Capital Arranges $22.5 Million Financing for Four Hotels in ... - ForbesBELLEVUE, Wash., Sept. 4 /PRNewswire/ -- Premier Capital Associates, LLC, a national, full-service real estate investment company specializing in obtaining debt for hospitality real estate, announced today that it had arranged and successfully closed ...
Jackson Auto closing Nimitz dealership - Honolulu Star-BulletinJackson Auto Group has closed its N. Nimitz Highway dealership amid a continuing soft economy and slumping auto sales. Its Lincoln-Mercury franchise is being assumed by Honolulu Ford in a buyout, pending approval from Detroit-based Ford Motor Co ...
GMAC's mortgage arm cutting jobs - Detroit Free PressThe nation's mortgage and credit problems claimed another big victim Wednesday, as GMAC Financial announced that its home mortgage arm would lay off up to 5,000 workers and close 200 consumer offices nationwide. The majority of the layoffs will take ...
H&R Block Done Selling Units, New Chief Smyth Says (Update2) - BloombergSept. 5 (Bloomberg) -- H&R Block Inc. , the largest U.S. tax preparer, is done with its strategic overhaul after exiting subprime lending and will keep its bank and consulting units, Chief Executive Officer Russ Smyth said. The company will focus on ...
MORTGAGE FORECLOSURE PLOT: Lawyer Pleads Guilty in Metropolitan Money ... - Washington PostA lawyer who was charged with participating in the Metropolitan Money Store mortgage foreclosure scheme pleaded guilty yesterday to conspiracy to commit mail and wire fraud, the U.S. attorney's office in Maryland said. Richard Allison, 37, was doing ...
Comments about: Elated at news of Palin's candidacy - MaineToday.comWelcome to onlinesentinel.com's reader comments forum, which is offered as a "public square" for our audience. We view this space as our readers' section of the Web site, separate from our journalistic offerings. We hope you will use the forum to ...
Ga. town claims victory over strip club that snuck in; bonfire where ... - Minneapolis Star TribuneMcCain & Palin hit the campaign trail Rev. Jesse Jackson released from Chicago hospital U.S. highway fund almost empty Poll: Only 4 in 10 say Palin has enough experience Georgia GOP congressman calls Obamas `uppity' LAVONIA, Ga. - The windowless ...
Wal-Mart, Toll Brothers, Tyson Foods big movers - ForbesThe world's largest retailer said groceries and back-to-school items helped its August same-store sales top expectations, but shares fell amid a broader market dive. Toll Brothers Inc., up 27 cents at $25.07 The homebuilder swung to loss in its ...
SATURDAY MAGAZINE - Permits and Transfers - Daily News-RecordLumax LLC to Thomas M. and Wendy E. Oskinkosky Jr., lot in northeast section of the city, adjoining the Jewish Cemetery, $165,000. Aug. 21 Heritage Estates LLC to Thomas W. and Sherry R. Hester, 1782 Sherry Lane, $515,726. Gregory Allen Love to Alan ...

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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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