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Renasant Bank sets opening of Greystone branch - Birmingham Business JournalRenasant Bank plans to open its latest branch in the Birmingham-Hoover metro area next week. The Tupelo, Miss.-based bank’s Greystone branch will make its debut Monday at 5410 Highway 280 in the American Family Care building. “Despite the current ...
Editorial: Region leads in teen births - Memphis Commercial AppealMississippi has risen to number-one status among the states in the latest teen birth rankings, followed by Arkansas in fourth place and Tennessee in eighth. Relatively high teenage birth rates in the South and Southwest are inevitably linked to high ...
Year in review: Housing, loans paint bleak picture for banks in 2009 - Memphis Commercial AppealDragged down first by housing and later by loans to homebuilders, banks -- the nation's and the area's economic circulatory system -- suffered from anemia in 2008. Despite a federal program that has pumped capital into banks, including the largest ...
Jim Walter Homes to close branches, including one in Alexandria - Alexandria Daily Town TalkWalter Industries, Inc. today announced the closure of Jim Walter Homes, including a branch in Alexandria, according to PRNewswire-FirstCall. Jim Walter Homes built more than 350,000 homes during its history, but has not been profitable in several ...
Walter Industries, Inc. Announces Closure of Jim Walter Homes - PR NewswireTAMPA, Fla., Jan. 6 /PRNewswire-FirstCall/ -- Walter Industries, Inc. (NYSE: WLT) announced today the closure of its Jim Walter Homes subsidiary. Jim Walter Homes built more than 350,000 homes during its history, but has not been profitable in ...
After the Fire, Memories Remain - Port St. Joe StarLooking out from the deck of an outdoor pavilion, onto the pile of dust and ash where her home once stood, Abigail Taunton recalled a night long ago. She and her husband, David, awakened their children from their beds, and under the cover of night ...
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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