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Mercer defeats Auburn 78-74 - Buffalo News
James Florence had a game-high 25 points as Mercer beat Auburn 78-74 on Wednesday night to take its second straight victory over a Southeastern Conference school in four days. The Bears (3-0) defeated Alabama 72-69 Sunday. Down by two points, Auburn ...

Assurant Specialty Property to Establish 2nd Service Center in Duluth ... - Earthtimes
ATLANTA , Nov. 17 /PRNewswire/ -- Assurant Specialty Property, a leading provider of creditor-placed homeowners insurance, auto collateral protection insurance and related services, today announced plans to establish a second service center in Duluth ...

Fitch Downgrades WMMSC's Resi Master Servicer Rating to 'RMS2 ... - PR Inside
Fitch Ratings has taken the following rating action on the U.S. residential mortgage master servicer rating for Washington Mutual Mortgage Securities Corp. (WMMSC): --Master servicer rating downgraded to 'RMS2' from 'RMS2+'. Fitch Ratings also ...

Burke Museum shows off mammals - Seattle Times
Framed by the skeleton of the world's largest rodent, the capybara, Karen Reagan discusses the critters at "Meet The Mammals" at the Burke Museum. She's a graduate student in biology at the University of Washington. ALAN BERNER / THE SEATTLE TIMES ...

Georgia Tech recovers to beat Mercer in OT, 82-76 - Buffalo News
Alade Aminu scored the first four points in overtime and Georgia Tech, which never led in regulation, recovered to beat Mercer 82-76 on Saturday. Zachery Peacock's two free throws pulled Georgia Tech even for the first time at 69-all with 32 seconds ...

Former federal prosecutor Jones joins Haskell Slaughter - Birmingham News
Former U.S. Attorney Doug Jones, who was lead prosecutor in the Sixteenth Street church bombing case, has joined Birmingham law firm Haskell Slaughter Young & Rediker. Jones, 54, this month left Birmingham's Whatley Drake & Kallas, where he landed ...

Chinese Sister City Resolution OK'd - pilot.com
Moore County may soon gain a sister county in China. The Board of Commissioners has approved a resolution that would establish the county as a sister to Guidong County in China. The resolution was approved at the board's Monday night meeting with the ...

Research your builder's finances - Cincinnati.com
The economic crisis isn't an abstract notion for anyone who lives near or routinely drives by a housing development that, until recently, hummed with activity. Newly developed neighborhoods that rose from cornfields and vacant land have suddenly been ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Bank of America to eliminate 105 jobs in Florence - WIS-TV
FLORENCE, SC (AP) - More than 100 workers will lose their jobs in January when Bank of America closes an office in Florence where workers bought mortgages from other lenders. The 105 jobs eliminated from the mortgage bundling operation are part of 3 ...

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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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