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'Holiday Fest' to light up downtown tomorrow - Louisville Courier-JournalNew Albany will hold its "Holiday Fest" tomorrow from 2 to 7 p.m., with entertainment at several downtown locations. Santa Claus is slated to arrive at 6:30 p.m. to turn on the Christmas lights. There also will be cookies, drinks, pictures with Santa ...
$20.6 Million in Low Income Housing Tax Credits Will Create Jobs, Help ... - EarthtimesLANSING, Mich. , Nov. 25 /PRNewswire-USNewswire/ -- Governor Jennifer M. Granholm today announced that over 2,100 units of affordable rental housing will be built or renovated for low to moderate-income Michigan families, the elderly, people with ...
Kentucky banks in relatively good shape and so is home ownership - Richmond RegisterSome things about the economy are actually better in Kentucky, but as usual, it’s a good news-bad news scenario. Two university economics professors told the General Assembly’s Banking and Insurance Committee Tuesday that Kentucky banks are ...
Wintrust Financial Corporation Selected To Participate in U.S ... - MSN MoneyCentralLAKE FOREST, Ill. , Nov. 26 /PRNewswire-FirstCall/ -- Wintrust Financial Corporation ("Wintrust" or "the Company") WTFC is pleased to announce that it has received preliminary approval to participate in the U.S. Treasury Department's Capital Purchase ...
Kentucky Datebook - Lexington Herald-LeaderThe Corporate and Community Development Office of Bluegrass Community and Technical College will offer online continuing education training to health care providers in the areas of end of life care, gerontology and bioenergy and spiritual healing ...
Ky. Governor Says State Economic Future Uncertain - WTVFKentucky Governor Steve Beshear held a press conference Thursday to talk about concerns over the future of the state's finances. (Photo courtesy governor.ky.gov) (AP) FRANKFORT, Ky. - Kentucky Gov. Steve Beshear said state revenue dropped by 4.6 ...
Candidates face off for 81st District House seat - Herald NewsState Rep. Renee Kosel, R-New Lenox, is running to keep the seat she has held since 1996 against Rich Kelly, D-Orland Park. Kelly also holds the office of Orland Township tax assessor. The 81st District covers Frankfort, Mokena, New Lenox Township ...
Kentucky governor says state economic future uncertain - Evansville Courier-PressFRANKFORT, Ky. — Kentucky Gov. Steve Beshear says state revenue dropped by 4.6 percent in September, signaling that “storm clouds continue to gather over our economy.” Beshear said in a press conference today that he has assembled a team of top ...
This economy is frightening - Glasgow Daily TimesRemember the scene in the second Star Wars movie where Yoda sent Luke Skywalker into a tunnel to test his nerve? Skywalker said he wasn’t afraid and Yoda responded: “You will be. You WILL be.” If you’re not frightened by the terrible economic ...
Contract awarded for Madison Southern expansion, renovation - Richmond RegisterThe Madison County School Board accepted a $16.9 million bid from Denark Construction of Knoxville, Tenn., for a renovation and expansion of Madison Southern High School that will enlarge it by nearly 40 percent. Denark’s bid was the lowest of ...
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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