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HSBC Holdings Plc - Chicago TribuneA Port Jefferson Station bank was robbed yesterday by a man who handed a teller a note demanding cash and threatening violence, police said. The teller at the HSBC Bank branch at 574 Jefferson Shopping Plaza, Port Jefferson Station, complied with the ...
HE'S A COP AND 'ROBBER' - New York PostRaw Video: Accused bank robber, Christian Torres, who is also a NYPD cop, is seen in this MySpace video boasting about his skating skills. April 11, 2008 A rookie NYPD cop was busted yesterday for an armed bank robbery in Pennsylvania, authorities ...
More from the FDIC - USA TodayJPMorgan Chase (JPM) acquired the banking operations of Washington Mutual (WM) , the nation's largest savings and loan, for $1.9 billion Thursday night in a deal brokered by the Federal Deposit Insurance Corp. Seattle-based WaMu, which was founded in ...
FDIC takes over two more failed banks - MSNBCSee today's average mortgage rates across the country. CARSON CITY, Nev. - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a ...
Weighing your bank's safety - Chicago TribuneMore people have been asking that question since the collapse of mortgage giant IndyMac Bank in July. After the government took over the bank, many customers had to wait in line for hours before they could speak to anyone about their deposits. Sidney ...
How to determine your bank's financial health - Los Angeles TimesMore people have been asking that question since the collapse of Pasadena mortgage giant IndyMac Bank in July. After the government took over the bank, many customers had to wait in line for hours before they could speak to anyone about their ...
These 11 CEOs were at the helm of companies that were bruised or ... - CNBCIt would take more than rising commodity costs and plummeting stocks to quench the hardy revelers of these 20 nations. Even with a three-quarter-point cut in interest rates today, homeowners shouldn't hold their breath waiting for their mortgage ...
Good riddance, Age of Finance - Globe and MailYou know the Age of Finance is over when central banks start accepting mystery meat as collateral. We're not quite there yet, but it's getting close. The Federal Reserve now lets knocked-kneed banks belly up to the teller window with crumpled common ...
Victim of identity theft sues Pasco Sheriff's Office - St. Petersburg TimesA very similar situation happened to a relative of mine in Manatee County. St. Pete Times - you don't have a one time story here, there is a pattern of purposeful police negligence when it comes to victims of identity theft
Central Bancorp, Inc. Announces Impairment of Fannie Mae and - MSN MoneyCentralCentral Bancorp, Inc. (NASDAQ: CEBK) (the "Company"), parent company of Central Co-Operative Bank (the "Bank"), announced today that the U.S. government's actions with respect to the Federal Home Loan Mortgage Corporation ("Freddie Mac") and Federal ...

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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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