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News about Mortgages:
Heritage bank announces new loan officer - Leaf ChronicleJohn Peck, president and CEO of Heritage Bank, announces the addition of Mark Stewart as mortgage loan officer for the Christian County, Ky., market. Stewart will be responsible for residential mortgage loans in the Christian County area. He is a ...
People in Business - Nashville TennesseanTennessee State Board of Accountancy has announced candidates who are Nashville residents who passed the Uniform Certified Public Accountant examination: James N. Lane, April L. Mitchell and Chandar A. Reed of Antioch; Robert A. Argo, Amy E. Mitchell ...
Students lie, cheat, steal, but say they're good - Nashville TennesseanNEW YORK — In the past year, 30 percent of U.S. high school students have stolen from a store and 64 percent have cheated on a test, according to a new, large-scale survey suggesting that Americans are too apathetic about ethical standards ...
AREA DEATHS - Chincoteague BeaconHe was preceded in death by his son, Robert Bender; and a daughter, Sally Ann Zeisloft. He is survived by his wife, Mabel; a son, George Bender; a step-son, Perry Townsend; daughters, Frances O'Keefe and Virginia Bell; a step-daughter, Patricia Via ...
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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