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Business past, business present? - Monroe Evening News
- Evening News photo by KIM BRENT Headlines of today's state of affairs are reminiscent of those some 70 years ago. One area business, Martin's Shoe House in Monroe, has weathered the times and seen its share of history. Greg Martin (left) and his ...

Spring Hill Mall owner may declare bankruptcy - Courier News
WEST DUNDEE -- Shoppers aren't the only ones considering their looming debts as the holiday season approaches. Spring Hill Mall owner General Growth Properties, Inc., or GGP, announced it is considering bankruptcy in a federal filing made after U.S ...

Shopping as usual this holiday season at General Growth malls - Arlington Heights Daily Herald
Since the postwar boom years that spawned both the shopping mall and the suburbs, the two have been tightly intertwined. Now, the owner of the some of the suburbs' premiere shopping malls, including Oakbrook Center in Oak Brook, Spring Hill Mall in ...

2008 Election - Oregonian
Diane McKeel will take a seat on the Multnomah County Board of Commissioners in January, after a narrow come-from-behind victory. McKeel, the executive director of the West Columbia Gorge Chamber of Commerce, said she will spend the next two months ...

General Growth sinks on lower outlook - Courier News
WASHINGTON -- The new managers of troubled mall owner General Growth Properties Inc. sought to reassure investors Wednesday that the company plans to sell off properties and cut costs in an effort to weather the rocky economic climate, weeks after ...

Taking easy way out - Northwest Herald
Our representatives took the “easy way out” and were not willing to come up with an economic plan that would help all Americans. The process reminded me of going to a timeshare presentation and being told that I had to make up my mind now on how ...

HBOS takeover: Still time to save 'The Bank' - Scotsman
THE Scotsman is today demanding answers about the HBOS takeover in a bid to secure the best deal for the nation and prevent the untimely and unnecessary death of one of our most venerable institutions. The newspaper is adamant that Scotland should ...

Labour trying to undermine rival HBOS bids–Salmond - Scotsman
ALEX Salmond increased the pressure on the UK government over the HBOS takeover yesterday, accusing Labour politicians of "leaking and briefing" in an attempt to undermine rivals to the Lloyds TSB bid. He also accused Gordon Brown, the Prime Minister ...

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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.

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