Blackstone Mortgage Refinance and Information Online from competing Lenders

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Black Friday Probably Was a Red-Ink Day - Barron's Online
A PUNK ECONOMY DIDN'T STOP CONSUMERS FROM LINING UP on Black Friday to make holiday purchases at bargain prices. But even that shopping spree isn't expected to salvage the month's results. Excluding Wal-Mart Stores (ticker: WMT), retailers are ...

Hitting The BRICs - Forbes
As the financial crisis continues to roil credit and stock markets around the globe, it seems that no country or continent is being spared the consequences. Brazil, Russia, India and China--the BRIC countries--are no exception. In a recent Knowledge ...

RESCUE ON FIFTH - New York Post
Living up to his reputation as the Houdini of real estate jams, Harry Macklowe is said to be negotiating a rescue deal with billionaire investor Joseph Cayre in exchange for the keys to Macklowe's trophy GM Building - Manhattan's priciest office ...

Knock-down price for nursing home operator - Times Online
NURSING-HOMES operator Four Seasons is expected to be put up for sale in the coming weeks for half the £1.4 billion it was bought for only two years ago. The decision to find a buyer for the highly indebted company has been made because financial ...

LOOK TO LARRY - New York Post
Billionaire real estate mogul Larry Silverstein is gunning to buy the iconic GM Building from beleaguered developer Harry Macklowe in a deal that could fetch about $3.5 billion ahead of a deadline for bids, according to sources familiar with the ...

Asian sovereign wealth funds may turn toward home - International Herald Tribune
SINGAPORE : Asian sovereign wealth funds may become more active closer to home, shoring up markets as emerging economies turn to their deep pockets to steer around the damaging effects of the global market turmoil, analysts say. Bets on Western banks ...

ANALYSIS-Stung on Wall St, Asian wealth funds eye home turf - Forbes
SINGAPORE, Oct 28 (Reuters) - Asian sovereign wealth funds may become more visible shoring up markets closer to home as emerging economies look to their deep pockets to steer around the damaging effects of global market turmoil. The shift will come ...

Masters of the Universe left with questions - Times Online
A mere 18 months ago private equity's Masters of the Universe were sweeping corporate Britain before them. Even the political furore about cleaners paying more tax than partners at Permira, the elite buyout shop, could not stop them sealing mega ...

General Growth plunges on viability concerns - Guardian Unlimited
In the event that we are unable to extend or refinance our debt or obtain additional capital on a timely basis and on acceptable terms, we will be required to take further steps to acquire the funds necessary to satisfy our short term cash needs ...

Debt Linked To Buyouts Tightens Economic Vise - Free Internet Press
Private equity firms embarked on one of the biggest spending sprees in corporate history for nearly three years, using borrowed money to gobble up huge swaths of industries and some of the biggest names - Neiman Marcus, Metro-Goldwyn-Mayer and Toys ...

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

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