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Sniper from first Gulf War needed help - Peninsula Daily NewsPORT TOWNSEND -- Clay Neideigh is a quiet, gentle man who knows what it's like to live in harm's way. He also knows what it is like to scramble to provide a secure environment for his children. He was an Army sniper in the Middle East during the ...
Meet Britain's biggest gigaholic - BBC NewsAfter more than 5,000 gigs over 35 years, rock fan Ray Morrissey can claim to be Britain's most prolific concert-goer. On piles of notebook pages in Mr Morrissey's front room, thousands of gigs are listed, one per line, all with a mark out of 10 ...
Council sends bulldozers into wrong house - Daily TelegraphShe went on holiday for a week and returned to find that workmen had already begun tearing down her house and had gutted the ground floor. There was only one slight problem - they were ripping down the wrong one. Following an administrative mix-up ...
House price recovery 'could take ten years' - Times OnlineHomeowners will have to wait a decade before property prices return to 2007 levels, a leading estate agent said yesterday. Average house prices are tumbling at a rate of £78 a day and are set to fall in total by 16 per cent this year and 11 per cent ...
50,000 estate agents face axe in next nine months - Daily MailExperts have warned that up to 50,000 estate agents may lose their jobs in the next year As many as 50,000 estate agents could lose their jobs by next Autumn because of the worsening economic crisis, experts today warned. Economists said the collapse ...
Homeowners turning to extremes - Traverse City Record-EagleNEW YORK (AP) -- Frustrated as her house languished on the market for three straight summers, J.J. Rodgers is trying a new sales tactic: giving the two-story home away in an essay contest. Already, she's received more than 500 entries -- each essay ...
Santa Brown's great Christmas giveaway - Times OnlineThey can't give it away. So bad is the economic situation that the Government will have to admit next week that it cannot stimulate the economy by fast-tracking great capital projects. So complex are the systems now, so unwieldy the planning process ...
Gordon Brown to cut Vat as winter recession bites - Times OnlineCuts in Vat are to form a key plank of Gordon Brown’s emergency economic rescue package to be unveiled tomorrow. The temporary reduction in sales tax, currently at 17.5%, will be one of a range of measures designed to stimulate consumer spending ...
Sellers go to extreme measures to unload homes - Orlando SentinelNEW YORK - Frustrated as her house languished on the market for three straight summers, J.J. Rodgers is trying a new sales tactic: giving the two-story home away in an essay contest. Already, she has received more than 500 entries -- each essay ...
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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