The wire between the terminals of the panel and the connection with the service conductor. …
Servicer
A firm that collects mortgage payments and manages borrowers' escrow accounts. …
Sconce
A wall-mounted light fixture. …
Second Mortgage
A second loan placed upon a piece of property. A mortgage registered against real property which is already encumbered with one mortgage. Date and time of registration determines which is first and …
Secondary Mortgage Market
A market of packaged home loans that are resold as securities to investors. Major players in this market are Fannie Mae and Freddie Mac. …
Secured Loan
A loan backed by collateral. …