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Malia and Sasha Obama's great White House adventure - NewsdayFrom left, Sasha, Malia, Barack and Michelle Obama and her mother, Marian Robinson, listen to election results in Chicago. ( David Katz / Obama for America ) Reporting from Washington and New York - One of the few times Barack Obama lost his famous ...
Mortgage-Backed Securities Remain Toxic - BusinessWeekWhen Treasury Secretary Henry Paulson first pitched the bailout in September, it sounded like a plumbing job. The "troubled assets" on lenders' books were clogging the financial system, he said, and the government needed to buy up the bad debt to get ...
Real estate transactions - Bradenton Herald$935,000 Griffith, Kenneth R, Griffith, Pamela R to Langsen, Bruce, Langsen, Kathleen K, L34 Lakewood Ranch Country Club Vlg Sbph Ff, O.R. Book 02279 Page 1584, Nov. 12. $675,000 Hanson Ventures Llp to Kaleta, Shawn, L12 Fr Ne Cor L 10 Blk1 Ilexhu ...
St. Vincent Announces Bank President as New Chairman - Inside Indiana BusinessThe St. Vincent Indianapolis Hospital Board of Directors has appointed J. Albert Smith Jr as its new chairman. Smith is the president of JPMorgan Chase in Central Indiana. He joined the St. Vincent Foundation Board in 2000 and has served on the St ...
Authorities Warn Of Credit Repair Quick-Fixes - WDSUNEW ORLEANS -- The key to getting a car loan, home mortgage or any other loan is having good credit. And while some people are using credit counseling services to improve their credit scores, WDSU NewsChannel 6 found that some people are getting ...
On Wall Street: There are still few clues to where it all ends - Financial Times“When money problems come in the door, love flies out the window,” Aunt Isabel used to tell her niece, who works with me. It is the kind of thing you would expect an old lady who had lived through the 1930s Depression era to say. For a long time ...
EFCC Arrests Terry Waya, Others Re-Arraigned - AllAfrica.comLondon tycoon, Terry Waya, (43) was yesterday picked up by operatives of the Economic and Financial Crimes Commission (EFCC), for allegedly posing as the commission's "middleman" and using the commissions name to extort money from governors. The ...
Bankruptcy sale of Boscov's chain nears completion - Buffalo NewsThe bankruptcy sale of regional department store chain Boscov's to two former executives moved a step closer to fruition following a court hearing on Tuesday While several issues surrounding the sale were resolved Tuesday, a final sale order remains ...
Detroit bail-out: a nation in denial - Financial TimesAlmost 30 years ago I reported for my first job in the Fisher Building in Detroit, a gilt-laden, art deco marvel conceived by Albert Kahn, which stood across the street from the headquarters of General Motors. Today, the Fisher Building remains but ...
Second Baptist to celebrate 117 years - Herald-Star"The Church is One Foundation" is the theme for Second Baptist Church's 117th anniversary celebration to be held Sunday beginning at 9:15 a.m. with church school. The Rev. Calvin McLoyd Jr. will officiate for services during the day with the Rev ...
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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