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Thursday, December 04, 2008
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Glossary of Terms
Glossary of Terms
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S.I. / Statementorv Of Information
Sale-Buyback
Sale-Leaseback
Sales Agreement
Sales Concession
Satisfaction (Of A Mortgage)
Scenario Analysis
Scheduled Mortgage Payment
Second Home
Second Mortgage
Second Trust Deed
Second Trust Loan
Secondary Financing
Secondary Market
Secondary Mortgage Market
Secured Debt
Secured Loan
Security
Security Interest
Self Employed Borrower
Seller Carry Back
Seller Contribution
Seller Take-Back
Sellers Market
Senior Loan
Serious Delinquency
Service Charge
Servicer
Servicing
Servicing Agent
Servicing Release Premium
Servicing Transfer
Set Back Ordinance
Settlement
Settlement (Closing)
Settlement Costs
Settlement Statement
SFR (Single-Family Residence)
Shared Appreciation Mortgage
Shopping Site
Short Sale
Silent Second
Simple Interest
Simple Interest Biweekly Mortgage
Simple Interest Mortgage
Single File Mortgage Insurance
Single-Lender Web Site
Site Condominium
Social Security Number
Special Assessments
Special Forbearance
Special Lien
Special Warranty Deed
Stated Assets
Stated Income
Stated/Documented Income
Stockholders' Equity
Stop Date
Streamlined Refinancing
Stripped Mbs (SMBS)
Structural Improvements
Sub-Prime Borrower
Sub-Prime Lender
Sub-Prime Mortgage
Subdivision
Subject Property
Submission
Subordinate
Subordinate Loan
Subordination
Subordination Agreement
Subordination Policy
Substitution Of Trustee
Supplemental Income
Surety Bond
Survey
Survey Fee
Suspended
Sweat Equity
Swing Loan
S.I. / Statementorv Of Information
The form the customer fills out for the title company giving further identification of the customer. This allows the title company to eliminate debts and liens owed by people with similar names.