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Wall Street opens moderately lower on weak data - WTOP Radio
NEW YORK (AP) - Stocks are down moderately in early trading following discouraging sales reports from many of the nation's big retailers, and word of big job cuts at AT&T and DuPont. But while the market is receiving another stream of bad news, the ...

Mike Copeland's Business Notebook: Top-notch local eateries and a ... - Waco Tribune-Herald
Donald Citrano says he really isn’t surprised that Texas Monthly magazine named his Coffee Shop Cafe in McGregor one of the best small-town cafes in the state. “I knew I should be up there,” said Citrano, laughing. He added that a lot of people ...

Gates spells out his role in Cabinet - Politico.com
Defense Secretary Robert Gates, the first Pentagon chief to be asked to stay on by any newly elected president, declared on Tuesday he has no intention of being “caretaker secretary” in Barack Obama’s administration and would pursue the ...

Obama tells NY Times he'd do better without Fox News around - Los Angeles Times Blogs
The New York Times, of all places, has a long interview coming out Sunday with the freshman senator from Illinois, Barack Obama. In it, the Democratic presidential nominee, who's leading in most recent political polls, still bemoans the existence of ...

Waco Breaking News - Waco Tribune-Herald
Massive rocket test in McGregor rattles Central Texas Baylor freshman sets Big 12 record in 85-43 win over Southern Lady Bears roll past Stephen F. Austin, 77-42 Margaret Mills to spend first night in prison tonight Wall Street ends week on a high ...

Some parts of U.S. escape housing mess - USA Today
There are no stretches of empty homes in new subdivisions. Foreclosure signs on front lawns are few. Local banks are still lending. In 17 locations around the USA, many made up of small cities surrounded by large rural areas, 50% or more of the ...

TOP U.S. NEWS PHOTOS - FOX News
Oct. 15: Leonid Hurwicz, one of three Americans to win the Nobel economics prize, is shown. Hurwicz, 90, is the oldest Nobel winner, according to the academy. Oct. 15: Yvette Ibarra, 6, holds a Barbie doll while shopping at a Toys "R" Us store ...

Your News and weather and sports delivered to your inbox weekday ... - KWTX
On Saturday, November 8, 2008 at 12:00 noon, Waco Habitat for Humanity will celebrate the completion of two new homes at 1121 and 1125 Holt Avenue in Waco. The new homeowners are David and Antonia Sanchez and Felipe and Mayra Sanchez. David and ...

Red Cross names Malone director of local chapter - Brownwood Bulletin
Brownwood native Missy Malone has been named executive director of the American Red Cross Pecan Valley Chapter, Red Cross officials announced. Malone attended training in Waco Monday and Tuesday, and spent her first day in the office in Brownwood on ...

Forging arts funding for a new century: Q&A w/NEA chairman Dana Gioia - Waco Tribune-Herald
In a brief interview with the Tribune-Herald during his whirlwind visit to Baylor University last week, famed poet Dana Gioia, chairman of the National Endowment for the Arts, spoke of successful NEA programs such as Shakespeare in American ...

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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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