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City could receive $796,000 in grant for neighborhood aid - Princeton Union Eagle
The city of Princeton could receive up to $796,000 as part of a federal grant of nearly $58 million coming into the state through the Neighborhood Stabilization Program. Princeton is listed along with Big Lake, Buffalo, St. Michael, Elk River, Otsego ...

Amazing Case of Loan and Mortgage Fraud - KLAS-TV
Loan and mortgage fraud is becoming big business across the country and crooks continue to find new ways to take advantage of almost anyone and steal any identity. Eyewitness News has uncovered an amazing case that involves a victimized grandmother ...

Business Bankruptcies - Minneapolis Star Tribune
This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number following the filing date is the case number. A Chapter 7 petition is for liquidation of the businesses; Chapter 11 (or ...

Mexico banks weathering crisis, but stem lending - Guardian Unlimited
MEXICO CITY, Sept 24 (Reuters) - Mexico's banks, mostly owned by foreign heavyweights, are in good shape to weather a crisis shaking industry leaders on Wall Street, but caution is leading them to put the brakes on years of speedy growth. Banks in ...

Business Briefs - Elk River Star News
M&I Bank recently broke ground for a new location at the intersection of Diamond Lake Road and Rogers Drive in Rogers. The new office is scheduled to open in 2009. The new M&I Bank location will be a full-service branch with a business banker ...

Foxworth takes over D. Hall’s old spot - Atlanta Journal Constitution
Well, DeAngelo Hall is not welcome back in the ATL by the new regime. Coach Smith said pursuing DeAngelo Hall was not in the teams plans. That left little wiggle room. That was a no. Not today, not tomorrow and not 10 years from now. Farewell D. Hall ...

Braves fans, it just feels late - Atlanta Journal Constitution
It’s Thanksgiving and we’re all thankful for something, most of us for a whole lot. So have a good one, everybody, and try to be thankful for what you have despite these rough times. We’re glad you come here to the Braves/Man In Black blog ...

COLOMBIA: Court Workers’ Strike Continues Despite Ultimatum - Inter Press Service
BOGOTA, Oct 15 (IPS) - Colombian President Álvaro Uribe has invoked emergency powers to break up a 42-day strike by the country’s court workers, announcing that as of Tuesday, any judge, prosecutor or other judicial employee who does not show up ...

Matter of Record, October 27 - Wichita Falls Times Record News
Marten Properties vs. John Bush/all other occupants, 1804 Woodrow, $1,930.00, V3300 P688. Larry’s Pool Service vs. Jerry Flesner, 100 N. Bell, Iowa Park, $944.81, V3300 P475. Fairlane Credit vs. James Lovern, 1018 Jan Dr., Burk, $13,920.80, V3299 ...

GOP’s capitalism unkind, irregular - Las Vegas Sun
In recent history we can follow the result of naked greed: Charles Keating and the other owners of savings and loans who stole billions from their depositors; the executives of Enron and WorldCom, et al., who took all they could until their companies ...

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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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