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News about Mortgages:
Bank of America-Merrill merger becomes a necessity - International Herald TribuneNEW YORK : Bank of America and Merrill Lynch shareholders may vote "yes" on the companies' merger because of the consequences of voting "no." Merrill was arguably saved from extinction when it agreed to merge on Sept. 15, an hour before Lehman ...
CBJ: Property Transfers & Building Permits - Daily ProgressThe information in Property Transfers is compiled from documents in the offices of the clerks of the circuit courts in Charlottesville and Albemarle County. The information in Building Permits is compiled from documents in the inspections offices in ...
Q&A with Gerlach, Roggio - Phoenixville NewsRepublican House Rep. James Gerlach, who represents Pennsylvania's Sixth District, has been in Congress since 2002. Before being elected to Congress, Gerlach served as a state representative and state senator. Democrat Bob Roggio, a business leader ...
Q&As (Remember the Alamo - and the playoffs? - version) - Sacramento BeeSAN ANTONIO - Ah, the memories. Remember when the Kings came to this part of the country for the playoffs instead of quasi-meaningless regular season affairs? It seems like yesterday that it was April 2006, and the Ron Artest-led Kings were as hot as ...
Gerlach, Roggio compete for 6th District - Norristown Times HeraldNo comments posted. Republican House Rep. James Gerlach, who represents Pennsylvania’s Sixth District, has been in Congress since 2002. Before being elected to Congress, Gerlach served as a state representative and state senator. Democrat Bob ...
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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