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Lincoln ranked No. 1 in insurance sales - Evening StarThe organization formerly known as the Life Insurance Management Research Association ranked Lincoln National Corp. at the top of the industry in life insurance sales for 2007. The Philadelphia-based insurance and financial-services company does ...
The Situation in NOLA & Lake Charles - CNBCThe fate of mortgage finance companies Fannie Mae and Freddie Mac are the lynch pin of the next six months, Charles Lemonides from ValueWork...
The hour's top business headlines with CNBC's Diana Olick - CNBCAnalyzing the ripple effects of Gustav on shipping in the Gulf region, with Gary LaGrange, Port of New Orleans president. Mixed News for Housing Market Even as the number of foreclosures continues to rise, the number of troubled borrowers avoiding ...
What do you think of the Packers' picks? - Milwaukee Journal SentinelI don’t think the packers had that bad of a draft, I truly think they picked the best players available. I would have hated to see them reach for a receiver or TE just because they needed one. It is always funny to here so called experts on one ...
Freedom To Open a Business not an Absolute - Business LedgerIf I want to start a brick-and-mortar business, there are few restrictions on when, where and how I do so. Obviously, one must abide by zoning restrictions and other regulations—either local, state or federal—established for the community welfare ...
Rise in abandoned homes worry US (REUTERS / By Jason Szep) - PeninsulaOn Lagrange Street in New England’s second-largest city, two brick apartment buildings stand side-by-side in varying stages of decay — boarded up, “No Trespassing” signs affixed, paint peeling. Across the street, a condominium complex is on ...

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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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