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Arlington refinances $104 million of Dallas Cowboys stadium bond debt - QuickDFW.com
ARLINGTON – The city has refinanced a portion of its Dallas Cowboys stadium bond debt that it's been trying to convert to a fixed rate since July. Deputy City Manager Trey Yelverton told the City Council at a work session Tuesday afternoon that ...

With Deron Williams back, Jazz run past Grizzlies - FOX News
Williams had 11 points and 15 assists in his return to the lineup, leading the Utah Jazz to a 117-100 victory over the Memphis Grizzlies on Wednesday night. The Jazz shot 54 percent from the field and had three players score 21 or more points. "We ...

District eyes ways to pay for benefits - St. Cloud Times
St. Cloud school board members could make a decision by the end of next month on how to pay for post-employment benefits for retired employees. At issue is about $22 million the district has through 2036 in obligations to pay for health insurance for ...

Ramius Sends Letter to Orthofix Shareholders Believes Company Should ... - CNBC
NEW YORK, Dec 03, 2008 (BUSINESS WIRE) -- --Urges Board to Take Immediate Action to Improve Shareholder Value --Announces Intention to Solicit Shareholder Support to Call a Special Meeting of Shareholders for the Purpose of Replacing Up To Four ...

Dallas area feeling pain of ailing economy - Dallas Morning News
The credit crisis has hit Texas. T. Boone Pickens is having trouble financing the world's largest wind farm in West Texas. Jerry Jones may need a quick loan to keep the new Cowboys stadium on track. Retail stores are closing all over town; some are ...

Preserving Homeownership - Voiceof San Diego
Mayor Jerry Sanders formally announced the city's plan to spend $9.4 million in HUD grants at a press conference earlier this afternoon. Housing Commission officials are slated to present the plan this afternoon in the City Council meeting. Along ...

PEACOCK PARTY - New York Post
THE Peacock network is looking for space so it can expand its wings. Our media spies say NBC is seeking 300,000 feet of "incremental" space to add to its current office digs, which include its headquarters at 30 Rockefeller Plaza. You might recall ...

School board wants new P.E. buildings soon - Forest City Times-Herald
It will be at least the middle of next year before patrons in the Forrest City School District begin seeing any improvements made to district facilities with funds generated by the millage increase voters approved in September. Meeting in regular ...

St. Louis banks mull Treasury bailout - St. Louis Post-Dispatch
Cheap money! Come and get it, bankers. Uncle Sam is opening the vaults at the Treasury. Oh, there will be strings attached, of course. And if your bank desperately needs the money, the government won't give it to you. That offer — phrased more ...

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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.

    View all Terms
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