Salem Mortgage Rates and Information Online from competing Lenders

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Businesses Likely to Feel Pressure From Mortgage Crunch - WFMJ.com
A Salem man is dragged to his death early this morning. Witnesses say they saw a man being dragged by a car down Midlothian Boulevard around one this morning. Police in Long Island, N.Y. say criminal charges may be possible in yesterday's trampling ...

Letter: Mortgage crisis might have been worse without CRA - Salem News
So Taylor Armerding has joined the conga line of conservatives blaming those darn liberals and their do-goodin' ways for the current economic mess ("Nothing 'free' about market that led to our economic downfall," Viewpoint, Thursday, Nov. 27 ...

Smaller mortgage lenders see opportunity - Daily Business Review
s many of the biggest U.S. banks continue to pare back their mortgage lending, some smaller financial institutions see global financial turmoil as an opportunity to pick up market share. The eight largest mortgage lenders, as measured by total volume ...

Hundreds gather for dinner - Statesman Journal
Jessica Stubbs ate only one meal Wednesday: a free dinner at the Reed Opera House. She had no plans for Thanksgiving Day. Stubbs, 23, was one of about 200 recipients of a free Thanksgiving dinner provided for low-income and homeless families ...

COMMON PLEAS - Salem News Online
Discover Bank v. Eric T. Rogers of East Liverpool and Shell Oil; collection sought of $2,281 judgment. Deutsche Bank National Trust v. Joseph and Sherry Cline, etc; foreclosure sought against property on Esther Avenue, Wellsville. CACV of Colorado v ...

Jailed husband leaves family to fend for themselves - Salem News
The Salem News is working with the Salvation Army again this year to raise money for people in need during the holidays. This is the first of 24 profiles that will run in the paper daily until Christmas. It was Sheila's husband's responsibility to ...

Financial experts to speak this week in Pennsville - Bridgeton News
PENNSVILLE TWP. -- In today's struggling economy, it's important to know who to trust and where to go for reputable advice and counseling. Come to this week's Stone Soup Lunch and Lecture Series on Friday to hear the experts in the field from ...

Oil prices 'will not rebound' - News.com.au
The prices will not begin to rise before the second half of 2009,'' said OPEC Secretary General Abdalla Salem El-Badri. Oil prices have slumped by two-thirds since striking record highs above $US147 per barrel in July, as the market has been rattled ...

Judge to Matt Amorello: Get a job, buddy - TradingMarkets.com
The ex-Big Dig bigwig and his estranged wife have run up an astronomical credit card debt, including more than $130,000 on her card, and have fallen behind on their mortgage payments by $17,000, according to their filings. Amorello, 50 -- who once ...

Financial woes leave no money for presents - Gloucester Daily Times
Susan was working full time until about a year ago when she was pregnant with her third child. She was put on bed rest, and the baby was born two months' premature with some health concerns. A year later, Susan and her husband are struggling to pay ...

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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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