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Md. foreclosures decline 16% - Baltimore Sun
In a sign that Maryland could be making strides toward helping struggling homeowners keep their houses, foreclosures fell almost 16 percent in the three-month period that ended in September, compared with the second quarter, according to statistics ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. When Deal Journal told people we were going to cover an event honoring the 25 Most Powerful Women in Banking, a common reaction was: “There ...

Foreclosures drop in Maryland, Anne Arundel - HometownAnnapolis.com
State efforts to help residents keep their homes have led to a recent decline in the number of foreclosures across Maryland and in Anne Arundel County, officials announced yesterday. But despite a drop from the second quarter to the third quarter ...

Buy Real Estate Now - Forbes
11.27.08 - First, the bad news. New home sales in the U.S. haven't been this low since 1991, according to the Commerce Department. Now the good news. New home sales in the U.S. haven't been this low since 1991. This means prices are back to where ...

Brinker shares climb after analyst upgrade - Forbes
A Raymond James analyst said Monday investors' fears that Brinker International Inc. will default on its debt have created a buying opportunity for the stock. Shares of Brinker, which operates restaurant chains including Chili's Grill & Bar and ...

Turkoglu helps Magic beat Bobcats 90-85 - FOX News
Mickael Pietrus scored 18 points, Rashard Lewis had 17 and Jameer Nelson had 15 for Orlando. All-Star center Dwight Howard was shut down by Charlotte's defense, scoring just four points, and fouled out for the first time this season with 3:18 ...

Localities Firming Up Foreclosure Aid Plans: Proposals Due Soon On ... - Washington Post
The massive housing bill that passed Congress this summer will deliver $22 million to the Washington region's jurisdictions, and local governments must decide in the next few weeks how to spend that money to erase the blight of abandoned and ...

REFILE-TREASURIES-Bonds rally, helped by weakening economy - Reuters
NEW YORK, Nov 25 (Reuters) - U.S. Treasury debt prices rallied on Tuesday after a government report confirmed the economy contracted and inflation pressures eased in the third quarter, reinforcing the impression that a recession is under way ...

Helensvale, Gold Coast, feels mortgage pain, Fitch Ratings says - News.com.au
HELENSVALE, on the Gold Coast, has been named as the most mortgage-stressed suburb in Australia by the global ratings agency Fitch Ratings. The Gold Coast and Sydney's Vaucluse have joined southwestern Sydney as the areas suffering the most from ...

To build hotel, Dallas to pay $25 million more on convention center - Dallas Morning News
To construct a $550 million convention center hotel complex downtown, Dallas must also incur millions of dollars in additional debt payments on the convention center itself, a cost some at City Hall have been reluctant to connect directly to the ...

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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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