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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 ...
Prudent steps in hard times - News-StarMonroe Mayor Jamie Mayo, in announcing a plan to hold down spending through the end of the fiscal year, continues to demonstrate the strong fiscal discipline that has allowed the city to build up a hefty rainy day fund. Good thing. It looks like rain ...
Pecanland owner receives extension to pay $900M debt - News-StarGeneral Growth Properties Inc. of Chicago, which owns Pecanland Mall in Monroe, is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer ...
Michigan tries to slow foreclosures - Detroit NewsLANSING -- Scrambling to do something about Michigan's rampant home foreclosure problem before the holidays, Gov. Jennifer Granholm and lawmakers are working on a flurry of bills to ease the squeeze on cash-strapped homeowners. Various measures would ...
Prosecutor: Church Shooting Suspect Confesses, Would Have Killed ... - FOX NewsNov. 25, 2008: Joseph Pallipurath appears in a Walton County courtroom for an extradition hearing. Nov. 25, 2008: Joseph Pallipurath appears in a Walton County courtroom for an extradition hearing. A man accused of driving across the country to ...
Louisiana-Monroe beats Stephen F. Austin 60-58 - FOX NewsMONROE, La. — Malcolm Thomas hit a 15-foot jump shot with time expiring to give Louisiana-Monroe a 60-58 win over Stephen F. Austin on Tuesday night. Brandon Williams hit a 3-pointer with 1.8 seconds remaining, tying the score at 58 before the ...
Viewer Stories: Retirement Prospects Dim - WSB-TV AtlantaI left active duty as a Navy Lieutenant in 1983, got an MBA from UCLA in two years and then worked on Wall Street for 20 years, while actively participating in the Navy Reserves until retirement in 2007. During my peak earning years, I saved and ...
Pecanland Mall owners face financial trouble - News-StarGeneral Growth Properties, which owns Pecanland Mall in Monroe, warned this week that it may need to file for bankruptcy. Company spokesman David Keating didn't return a call from The News-Star on Thursday and Pecanland Mall manager Randy Barnett ...
Heavy Rain Causes Flooding, Evacuations in Western Washington - FOX NewsNov. 12: Jerry Plymire steps over sandbags after helping to prepare the apartment building that he owns for expected floodwaters. SEATTLE — A small dam failed and caused minor flooding in Cosmopolis as heavy rain resulted in flood warnings ...
Daily Report - Baton Rouge Business ReportGeneral Growth Properties Inc. shares plummeted Tuesday after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The real estate ...
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