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UK lender A&L cuts some mortgage rates - Reuters
Boston GlobeUK lender A&L cuts some mortgage ratesReuters - Aug 26, 2008A&L, which last month accepted a cash and shares offer worth 1.3 billion pounds ($2.40 billion) from Spain's Banco Santander (SAN. ...UPDATE 1-GE's Australia sale deadline extended-source Reutersall 1,056 news articles

RBS Enhances Mortgage Group Amid Broad Expansion - MarketWatch
RBS Enhances Mortgage Group Amid Broad ExpansionMarketWatch - 13 hours agoIn 2007, RBS, in conjunction with Fortis Bank and Banco Santander acquired ABN AMRO. It serves over 30 million customers worldwide and employs 140000 people ...

A&L cuts hints at competition return - Property Week News
A&L cuts hints at competition returnProperty Week News, UK - 1 hour agoAlliance & Leicester has cut the rates on some of its most popular home loans – signalling that competition may be creeping back into the mortgage market. ...

UK lender A&L cuts some mortgage rates - Exec Digital
UK lender A&L cuts some mortgage ratesExec Digital, UK - 19 hours agoMortgage bank Alliance & Leicester is cutting the rates on some of its home loans from today, August 27. The lender said the rate on two-year fixed loans of ...

This Homebuilder Is Actually Growing - Motley Fool
This Homebuilder Is Actually GrowingMotley Fool - Aug 26, 2008Banco Bradesco (NYSE: BBD) sees its mortgage lending increasing by as much as 30% this year. Gafisa stands to profit from the growing need (and desire) for ...

Mortgage lender promotes sale to Santander - Forbes
BBC NewsMortgage lender promotes sale to SantanderForbes, NY - Aug 19, 2008... 11:40 AM ET British mortgage lender Alliance & Leicester urged shareholders on Tuesday to accept a $2.4 billion takeover offer from Spain's Banco ...Alliance & Leicester bosses offered loyalty bonuses by new owner guardian.co.ukAlliance & Leicester CEO to Get $1.4 Million Santander Windfall BloombergBritish mortgage lender sees profits almost wiped out ABCmoney.co.ukShareCast - Times Online
all 69 news articles

Bancolombia, Embraer, Molinos, Petrobras: Latin Equity Preview - Bloomberg
Bancolombia, Embraer, Molinos, Petrobras: Latin Equity PreviewBloomberg - Aug 25, 2008Banco do Brasil rose 0.9 percent to 23.51 reais. Nossa Caixa fell 1.2 percent to 39.70 reais. Empresa Brasileira de Aeronautica SA (EMBR3 BS): The world's ...

Spain May Suffer From ECB Lending Curbs as Expansion Falters - Bloomberg
AFPSpain May Suffer From ECB Lending Curbs as Expansion FaltersBloomberg - 6 hours agoA Spanish mortgage-backed bond rated at the highest credit rating trades with a spread of about 2.8 percentage points to the euro interbank offered rate, ...New credit hurdle looms for banks AZ Central.comall 262 news articles

Sovereign Bancorp under pressure over GSE exposure - guardian.co.uk
Sovereign Bancorp under pressure over GSE exposureguardian.co.uk, UK - Aug 22, 2008The Philadelphia-based thrift said that, on June 30, it held $622.6 million of preferred stock in the mortgage financiers, including $173.8 million in ...

Brazil Lending Rises at Slowest Pace in Five Months (Update2) - Bloomberg
Brazil Lending Rises at Slowest Pace in Five Months (Update2)Bloomberg - Aug 25, 2008Banco do Brasil SA, Latin America's largest bank by assets, fell 73 centavos, or 3.1 percent, to 22.78 reais at the Sao Paulo stock exchange. ...

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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.

    View all Terms
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