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How do things get so big? - Augusta ChronicleWhen both the markets and the economy went into collapse mode last fall, recall how Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke, among others, understandably justified the financial industry rescue. They kept saying how some ...
Maine foreclosures edge up in third quarter - Portland Press HeraldAUGUSTA -- Maine banking regulators say there was a continuing, modest increase in home foreclosures in the state during the third quarter of 2008. Superintendent Lloyd LaFountain III said today that the Bureau of Financial Institutions' analysis ...
Maine foreclosures edge up in 3Q - Portsmouth HeraldAUGUSTA, Maine (AP) — Maine banking regulators say there was a continuing, modest increase in home foreclosures in the state during the third quarter of 2008. Superintendent Lloyd LaFountain III said Friday that the Bureau of Financial Institutions ...
Trial Begins For Man Accused Of Killing Boss After Bad Review - WBBM(STNG) - Just a day after Tom Tuduj received a subpar job evaluation and was told he would be docked $10,000, the construction employee swiped a knife from the Northwest Side company’s kitchen and fatally stabbed his politically connected boss ...
Budget top issue for Maine lawmakers in 2009 - MSN MoneyCentralAUGUSTA, Maine (AP) - With Maine running hundreds of millions of dollars short of what it needs to keep government going at its present clip, the budget is bound to be the overarching topic during this year's six-month legislative session, which gets ...
State lawmakers ready for ’09 session - Bangor Daily NewsAUGUSTA, Maine — With the state running hundreds of millions of dollars short of what it needs to keep government going at its present clip, the budget is bound to be the overarching topic during this year’s six-month legislative session, which ...
Carrying on, cautiously - Maine Sunday Telegram• Has a job. • Saw the unemployment rate grow to 6.3 percent from 4.9 percent a year earlier. • Lives in a household that earns nearly $46,000 a year. • Paid 7 percent more for food this year. • Owes $18,807 in consumer debt. • Resides in ...
Hedge Fund Tracking: Harbinger Capital Partners (Philip Falcone), Q3 ... - Seekingalpha.comThis is the Third Quarter 2008 edition of our ongoing hedge fund portfolio tracking series. Before reading this update, make sure you check out the preface to the series we're doing on Hedge Fund 13F filings here . The other funds we've already ...
MAINERS REMAIN ON EDGE 'Typical' resident so far not bankrupted and ... - Morning SentinelIn recent months, there have been fewer dinners out and fewer date nights that require Brooke Beaucage-Ghans and her husband to hire a baby sitter. Instead, she's clipping coupons, opting for the store brand of ice cream and searching for bargains ...
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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