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GE Capital to Raise $4 Billion Without FDIC Guarantee (Update1) - BloombergJan. 6 (Bloomberg) -- GE Capital Corp. , the lending arm of General Electric Co. , plans to sell $4 billion in bonds without a government guarantee in the first such offering to institutional investors since June, according to a person familiar with ...
GE Sells $4 Billion of Bonds Without FDIC Guarantee (Update1) - BloombergJan. 6 (Bloomberg) -- GE Capital Corp. , the lending arm of General Electric Co. , sold $4 billion of bonds without a government guarantee in its first such offering to institutional investors since June. The sale of 30-year bonds is also the first ...
Fourth straight rise for Kansas City Southern - Kansas City StarKansas City Southern posted another gain for stockholders Monday, its fourth consecutive rise and the best price owners have seen since November. Shares rose $1.10, or 5.4 percent, to close Monday at $21.49. In just two trading days of 2009, the ...
Business Highlights - Fort Worth Star-TelegramNEW YORK (AP) - Wall Street started 2009 with a big rally Friday as investors, brushing aside a disappointing report on manufacturing, sent the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months. All the ...
2008 The Year in Review, - Manhasset PressNighttime closures on the Roslyn Viaduct construction begin Jan. 21 for the protection of motorists and workers. The Tower Foundation of Manhasset holds presentations on Interactive Whiteboards (IAW). Tower's goal is to place an IWB in every ...
Be 'realistic' about 2009, Jean urges - Globe and MailMrs. Whiggins from Canada writes: Thanks Ms. Jean! Canada needs a head's up in the worst way. Thanks for setting a 800-year precedent by allowing a Prime Minister to bail out in the face of a confidence vote! Still, he lives to die another day. So ...
Today's Mortgage Terms starting with L
Lender: The bank, mortgage company or mortgage broker providing the loan.
Loan Application: A statement of personal and financial information needed to apply for a loan.
Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction.
Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan.
Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price.
Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing.
View all Terms