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William Rivers Pitt: A Very Bad Year - ScoopThe year 2008 began on a Tuesday. Matters went downhill swiftly from there. On that first day of 2008, the Taliban threatened to further escalate attacks in Afghanistan, eight people died in Gaza amid the violence of the Fatah-Hamas conflict and US ...
'Sin' industries prosper in tough times - KING-5SEATTLE -- People may not be reaching for the top shelf quite so frequently these days, but that doesn't mean they're forgoing cocktails or nightcaps. Liquor sales, which have grown year over year for at least a decade, show no signs of slowing ...
What nation sows, it will reap - Republican & HeraldA word coming to the forefront today in just about every area of society is deception — the act of deceiving or the state of being deceived; illusion, fraud. Newspaper headlines, the TV and magazine articles are full of the news of evil and ...
A Stock Picker Looks Ahead After a Year of Winning Bets - Wall Street JournalMark Roberts is among the few analysts whose picks did well in 2008. From Cambridge, Mass., his Off Wall Street Consulting Group supplies ideas -- mostly those downside bets known as "short sales" -- to a small number of money managers. Since 1995 ...
Reports From The Tranches - ForbesThe present financial crisis is like one of those untamable Southern California wildfires. No sooner does one sector seem contained than a blaze breaks out in another, often creating windstorms that fan the first sector's embers aflame again. To an ...
A Better 2009 for Global Investors? - Khaleej TimesPARIS - After a catastrophic year for global markets, dazed investors are emerging from their shelters to ask if 2009 will be any better. The consensus among professionals? Don’t expect the big rebound that usually follows a sharp downturn. Stocks ...
Jobs: Hormone imbalance causing weight loss - CNN MoneyNEW YORK (CNNMoney.com) -- Apple Chief Executive Steve Jobs said Monday that doctors may have discovered the cause of the weight loss that has caused speculation about his health, adding that he will continue to serve as the computer maker's chief ...
Bottoming Signs - CNBCHere and there are some small signs that the economy is at least bottoming — a crucial stepping stone to meaningful recovery. For example, the ISM non-manufacturing services report released today for December came in at 40.6 on the composite index ...
American dream world - Houston ChronicleShockingly, the Canadian government has proposed an emergency loan plan of more than $3 billion for GM and Chrysler plants operating in Canada. It's embarrassing, and a little ironic. But the abysmal status of the Detroit economic engine would of ...
The Shore's economy is expected to slump in 2009 - Asbury Park PressJanet Concepcion doesn't have to travel far from her Middletown home to bear witness to an economy that's in a nosedive. A local restaurant closed before she could use a gift card she had. The strip mall vacancies seem to be rising. Her hours as a ...
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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