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Small business owners struggle to find credit - New Mexico Business WeeklyErin Adams has been well aware of the credit crunch for some time. The mosaic artist runs a production studio with about 22 employees and she’s looking to expand. She has tried to refinance her house and get a line of credit, without success. Many ...
Norco brothers must arrange payment of property cleanup to avoid ... - Riverside Press EnterpriseTwo brothers who have fought Norco for more than a decade face losing the only place they've ever lived, but have never owned. David and Paul Corson must arrange for a loan to pay the costs of a court-ordered cleanup on the property or potentially ...
Trace may connect to Emerald Mound - Natchez DemocratNATCHEZ — When the Adams County budget went into effect on Oct. 1 it was roughly $1.25 million richer than the previous year’s budget. That bigger than normal bank account resulted from money given to the county from the Mississippi Department of ...
Housing agency is fighting to keep Bellevue Avenue alive - Providence JournalPROVIDENCE — In the fight to keep foreclosures from blighting the West End, a nonprofit development group has been buying and fixing up properties to sell to low-income borrowers. On Bellevue Avenue alone, the West Elmwood Housing Development ...
Travel industry faces tough economic times - Leaf ChronicleThe plunging stock market, big bank failures, falling home values and other scary economic news could signal trouble for travel. Gripped by fear of what may happen next and feeling less rich, some travelers are postponing, scaling back or canceling ...
Economic woes cause travelers to postpone, cancel trips - WZZM 13The plunging stock market, big bank failures, falling home values and other scary economic news could signal trouble for travel. Gripped by fear of what may happen next and feeling less rich, some travelers are postponing, scaling back or canceling ...
Dow finishes below 10,000 for first time since '04 - ksl.comTalk about LOL. If you think that the Democrats did not have anything to do with creating the economic problems facing this nation then you need to stop letting the media do you thinking for you. I am not saying that the Republicans did not have any ...
Obama Attacks McCain As 'Risky,' 'Erratic' - ABC News BlogsABC News' John Berman, Sunlen Miller and Ursula Fahy report: Barack Obama described John McCain as risky, erratic, and uncertain, and that was all just in his first event of the day. Obama has had no shortage of critiques of McCain in recent weeks ...
Sep 28 - Oct 04 (347) - Andrewsullivan.theatlantic.comHas the so-called Prosperity Gospel turned its followers into some of the most willing participants — and hence, victims — of the current financial crisis? That's what a scholar of the fast-growing brand of pentecostal Christianity believes ...
Lucy Adams, Brian Donnelly and Michael Settle - HeraldIt was the day that saw the beginning of the end for Scotland's oldest bank. Perched high on The Mound in Edinburgh, the HBOS global headquarters, a building synonymous with financial stability, was the centre of feverish market speculation. Founded ...

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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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