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News about Mortgages:
Church on auction block - Cincinnati.comIt might take a miracle to save a Hamilton Township church from the auction block. The mortgage holder for Crosspointe Community Church has called in its loan. Now, the multi-purpose building and 26 acres on Cozaddale-Murdock Road in Warren County is ...
The Dining Scene: Financial Woes Inspire Menu - Everything Alabama BlogIf the economic crisis has got you down, the Silverton Cafe has some food-and-drink specials that could lift your spirits. Or at least make you laugh. The Forest Park bar and eatery has come up with some tongue-in-cheek menu additions to help ...
Rocky Mountain high - Arkansas TimesMax here in beautiful Durango, Colo., just catching up on news from home. I swore this was going to be a few real days off. But then I read that the NLR Chamber of Commerce was recommending that the city take out a mortgage to cushion the coming ...
Business Agenda - Cincinnati.comJob Search Focus Group: 9-11 a.m., Hyde Park Community United Methodist Church, 1345 Grace Ave., Hyde Park. New member orientation begins at 8 a.m. $1. JSFG is a non-denominational networking and educational organization for people in career ...
Same sex marriages banned; legal action threatened - Record SearchlightCalifornia's new same-sex marriage ban has taken hold in Shasta County. "At this point ceremonies and licenses (for same-gender couples) are suspended until we have a definitive answer from the courts or the state," Shasta County Clerk Cathy Darling ...
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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