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Millsap & Singer Names Joan Burke Team Lead of The Sales Group - St. Louis Post-Dispatch
ST. LOUIS, Mo., December 1, 2008 — St. Louis, Mo.-based Millsap & Singer, LLC, a provider of high-quality legal representation, in the states of Missouri and Kansas, specializing in foreclosure, bankruptcy and mortgage related litigation in both ...

Oil falls to 3-year low on bleak US economic news - Kansas City Star
Oil prices fell to a 3-year low below $48 a barrel Tuesday in Asia, as more bleak U.S. economic news and plunging stocks markets darkened investor expectations for crude demand. Light, sweet crude for January delivery was down $1.50 to $47.78 a ...

Talkers: 12 days of Christmas gifts might require a second mortgage - Kansas City Star
PITTSBURGH | Given the economic downturn, even the most romantic might balk at the $86,609 price tag for the items in the carol, “The Twelve Days of Christmas.” That’s this year’s cost, according to the annual Christmas Price Index compiled ...

People in Business - Jackson Clarion-Ledger
Kim Pittman has been promoted to assistant vice president. She has eight years of experience in banking and has been with the company more than two years. Pittman is a graduate of Brookhaven Christian Academy. Paula Spurgeon has been promoted to vice ...

Miami activist moves people into foreclosed houses - Ledger-Enquirer
– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ...

Great Wolf Resorts, Inc. Provides Update on Status of Extension of ... - Yahoo Finance
This press release may contain forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, including, among others, statements regarding Great Wolf Resorts' future financial ...

Advice from someone who lived through the Great Depression - Midwest Voices
By Barb Shelly, Kansas City Star editorial page columnist I asked my mother today if her dad was put out of work during the Great Depression. He was, she said. He was a baker, along with his brother, and they lost their shop in New Jersey, and their ...

Well Grinch, you're a - Midwest Voices
By George Harris, Kansas City Star Reader Advisory Panel 2008 General Motors for years made its living by producing fuel gulping trucks and SUV's. Critics say management made bad decisions and should suffer the consequences. Maybe. But there is more ...

Views on the economy - Kansas City Star Blogs
How is the American taxpayer supposed to make any sense of what is going on now? We have politicians who spend millions, for the head political office maybe close to a billion, for a job that pays a fraction of a million. We cannot find anyone ...

Thoughts on Obama presidency - Kansas City Star Blogs
President-elect Obama, we are expecting real changes. It’s up to you to stop the “crime” of short-term fixes, after-the-fact bailouts and unearned rewards. If banks, mortgage lenders, automobile executives and labor leaders don’t understand ...

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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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