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Texas Capital Bank marks 10 years in Fort Worth - Fort Worth Business PressTexas Capital Bank marked its 10-year anniversary in December 2008. Mike Palmer, president of Texas Capital Bank – Fort Worth, started on the bank’s opening day and also is marking his 10th year as the Fort Worth regional bank’s president ...
The ups and downs of 2008 - Bennington BannerLike every year, the Bennington region was witness to an incredible array of news events in 2008. The following list highlights many of those stories: NSK Steering Systems America laid off 120 employees between October and December as the auto ...
Economy Goes Cold - Leesburg TodayDuring the second half of 2007, the effects of a cooling real estate market were being felt in other areas of the county's economy and the national economy was entering recession. As 2008 opened, there was hope that Loudoun's super-heated housing ...
The Note - ABC News BlogsABC News' Karen Travers Reports: Entertainer Al Franken may be getting closer to one of the most hotly contested Senate seats in the U.S. The Democrat gained a 50 vote lead over Republican Sen. Norm Coleman in Minnesota's Senate race after the state ...
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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