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Federal lien halts Natasha’s auction today - Emporia gazette.com
The Natasha’s auction that was to have taken place at the courthouse this morning was canceled. According to Larry Putnam, of Patton & Putnam, P.A., the sheriff’s sale was canceled because of a notice of a federal tax lien filed by the IRS on Nov ...

Natasha’s:Debt greater than appraisal - Emporia gazette.com
When Natasha’s Billiards and Lounge, a once-popular downton Emporia gathering spot, goes on the auction block Monday morning, bidders will need to ante up almost $350,000 to clear its debts. The land, building and inventory at 627 Commercial St ...

Piedmont Community Bank Group, Inc. Announces Third Quarter Earnings - PR Inside
Piedmont Community Bank Group, Inc. (OTC Bulletin Board: PCBN) today announced results for the third quarter of 2008 which included a 90% decrease in net income as compared to the same period of 2007 and a 33% decrease in net interest income as ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Warren Buffett: Once again, the Oracle of Omaha tops the list of winners, striking a similar deal with General Electric as the one he signed ...

Mortgage tax receipts - Daily Freeman & Sunday Freeman
Commissioner of Finance William Carlin went further: "In all my 20 years in county government, I've never seen economic conditions so bad. The fall off in our mortgage tax revenue is indicative of the huge problems with housing and the economy at ...

MortgageBrokers.com Strengthens its Management Team, Appoints New ... - CNW Group
TORONTO, Nov. 5 /CNW/ - Mr. Alex Haditaghi Chairman and Chief Executive Officer of MortgageBrokers.com Holdings inc (OTCBB: MBKR - News), one of North America's leading mortgage brokerage brand and consolidation firms, is pleased to announce the ...

Area foreclosure filings decrease - Seattle Post Intelligencer
Douglas Putnam refinanced his Woodinville home of 30 years in 2004, taking out equity to pay off credit card debt. But the new mortgage, from Countrywide Financial, allowed him to pay less than the monthly interest. "My balance had gone up $40,000 ...

Universal Technical Institute Announces Interim Chief Financial ... - PR Newswire
PHOENIX, Feb. 11 /PRNewswire-FirstCall/ -- Universal Technical Institute Inc. (NYSE: UTI) , a provider of technical education training, today announced that Eugene S. Putnam, Jr. assumed the role of Interim Chief Financial Officer of the Company. Mr ...

Unfinished Business - Seattle Times
At 89, Bill Cumming, rancher, former communist and a member of the famed Northwest School of artists dating back to the 1930s, is still painting and teaching and has no plans to retire. His wife, Dena Lee-Cumming, 55, was his model in the 1970s ...

Business Briefing - Seattle Post Intelligencer
BOISE -- Boise Inc. will discontinue pulp production at its plant in St. Helens, Ore., curbing annual paper-production capacity by 200,000 tons. The restructuring will slash about 325 jobs, boost operating margins and end production of Boise's least ...

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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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