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The President Makes It Law to Help Struggling Veteran and Military ... - PR.comWashington, DC, November 13, 2008 --( PR.com )-- Congress and the President have both acted in a bold move to help assist thousands of deserving military home owners to prevent foreclosure and make the cost of home ownership easier to bear. In ...
Graybeard Entrepreneurs - ForbesWilliam Miller has clocked 200,000 airline miles so far this year. Miller is on the management squads of three start-ups, all focused on breakthroughs in nanotechnology, and teaches at Stanford University. Next spring, he will fly to Seoul, South ...
VA Helps Veterans At Risk Of Losing Homes - WPBF News 25WEST PALM BEACH, Fla. -- Military veterans spend their careers risking their lives for the country's freedom. Now, many of them are at risk of losing their homes. The foreclosure crisis is taking a toll on veterans, but there is assistance available ...
Jury awards LAPD officer $3.6 million in retaliation suit - Los Angeles TimesA Los Angeles County Superior Court jury on Wednesday awarded $3.6 million to a Los Angeles police officer who said he was demoted and suffered retaliation when he stood up for a sexually harassed colleague. Officer Donald Bender was stripped of a ...
News briefs: County wants land for dredging project - Herald TribuneBRADENTON -- Manatee County intends to ask a judge to decide what is a fair price for a strip of land that engineers say is needed for the Wares Creek dredging project. The county wants to acquire an easement from Bradenton Tropical Palms, a mobile ...
Digital Media - CNET NewsInvestment bank UBS has cut its estimates on digital-ad growth, in conjunction with gloominess about the overall advertising industry. The sector will continue to grow, a report said, but it will slow down significantly. "UBS estimates that Internet ...
NFL Notebook - Tulsa WorldKelly may become more involved: The Washington Redskins envision rookie wide receiver Malcolm Kelly from Oklahoma, who has had knee problems all season, helping at some point in the final six games. Rookie wide receiver Devin Thomas has displayed ...
Mid-Columbia construction slowing, remodels picking up - Tri-City HeraldWhen new housing starts to slow down, home remodels tend to pick up. It's a trend that David Barber, owner of Barber Construction in Walla Walla, is observing in this time of economic uncertainty, tighter lending standards and a softening housing ...
The lowdown on low downpayment programs - Coeur d'Alene PressLast week’s article listed comments from several local lenders who share the unanimous position that there is money to lend to qualified buyers. Many of you readers seem to believe that you have to have a large down payment to qualify, and that ...
When couples split, no one wants the house - Palm Beach PostDuring the real-estate boom, couples who divorced would fight over who got the house, betting that the winner could get rich from rapidly escalating prices. Spouses plunked down thousands to buy out their partner. Disposing of the ''marital asset ...
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