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News about Mortgages:
Nation's Top Rating Firm Names MidSouth Bank, N.A. One of America's ... - MSN MoneyCentralLAFAYETTE, La. , Sept. 30 /PRNewswire-FirstCall/ -- BauerFinancial, Inc., the country's leading independent bank rating and research firm, has placed MidSouth Bank, N.A. among the safest and strongest institutions in America. This is the 54th ...
Berry Queens, you go, girls! - Daily IberianLocal people have come up with a novel way to raise money for a worthy cause with the Berry Queens Pageant. Iberia Habitat for Humanity, formed after Hurricane Andrew hit the Teche Area in 1992, has scheduled the one-of-a-kind laugher for women 30 ...
Rock not a hard place for banks - Daily TelegraphFAMILIAR UK banking names are competing strongly in Gibraltar's Main Street for Britons wanting Spanish property loans. Abbey National's "Iberian Mortgage Service" will also lend on property in Portugal and the bank offers a choice of euro-based as ...
Update Regarding Hurricane Gustav Impact - ForbesLAFAYETTE, La., Sept. 4 /PRNewswire-FirstCall/ -- IBERIABANK Corporation (Nasdaq: IBKC), the holding company of the 121-year-old IBERIABANK (http://www.iberiabank.com) and Pulaski Bank and Trust Company (http://www.pulaskibank.com), provided an ...
MidSouth Bank Opening Its Customer Care Center Sunday, Sept. 14 - ForbesLAFAYETTE, La., Sept. 12 /PRNewswire-FirstCall/ -- In anticipation of the impact of Hurricane Ike, MidSouth Bank, N.A. has decided to open its Customer Care Center Sunday, Sept. 14, from 10 a.m. to 6 p.m. Any MidSouth Bank customer needing assistance ...
Gordon Brown steps in to secure HBOS rescue - Times OnlineGordon Brown has intervened personally in attempts to rescue HBOS, Britain’s biggest savings bank, which is in emergency talks to be acquired by Lloyds TSB. The Prime Minister spoke to Sir Victor Blank, Lloyd’s chairman, at a City function on ...
Lloyds TSB in talks to buy HBOS - Times OnlineLloyds TSB is in advanced talks to buy HBOS, Britain’s biggest mortgage lender, sending shares in the battered bank up 15 per cent. Talks between Britain's fourth and fifth biggest banks emerged after the Financial Services Authority (FSA), the ...
Wells Fargo Global Correspondent Banking Expands, Strengthens Focus on ... - CNW GroupSAN FRANCISCO, Feb. 20 /CNW/ -- Wells Fargo & Company (NYSE: WFC) said today it has added three company veterans to its Global Correspondent Banking group to strengthen its focus on serving customers in the Americas: -- Susan Rico was named senior ...
No Foreclosures Because of Gustav - KATC 3U.S. Housing and Urban Development Secretary Steve Preston today announced a foreclosure moratorium in 34 parishes throughout Southern and Central Louisiana and offered support to homeowners and low-income renters forced from their homes following ...
Other Features - Dallas Business JournalTexas Railroad Commission: Emergency funding needed to deal with drilling permit backlogs [Friday] Dallas man sentenced to eight years for I.D. theft & bank fraud [Friday] Luminant seeks permission to expand nuclear power plant [Friday] Dallas ...

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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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