Union Mortgage Rates and Information Online from competing Lenders

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EU clears BNP Paribas to buy most of Fortis bank - Washington Post
BRUSSELS, Belgium -- BNP Paribas won European Union approval to buy the Belgian and Luxembourg banking arms of troubled lender Fortis on Wednesday _ but has agreed to sell off a credit card unit to eliminate antitrust problems. EU regulators also ...

Need a Loan? Think 'Union' - Street.Com
Similar standards. Many banks and large financial institutions have tightened their lending standards in the wake of the subprime mortgage crisis. Credit unions, however, have kept their standards relatively steady over the past few years. The only ...

Meltdown far from over, new mortgage crisis looms - Times Union
WASHINGTON -- Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events ...

Money Smart week attracts 500 participants - Fond du Lac Reporter
Nearly 500 Fond du Lac County people participated in 50 Money Smart Week financial literacy education sessions held in Fond du Lac County last month. Fond du Lac County was one of 12 Money Smart Week sites in Wisconsin. During the week, community ...

Italy approves euro80 billion relief package - WTOP Radio
MILAN, Italy (AP) - The Italian government on Friday announced an euro80 billion ($103.2 billion) emergency package offering relief to banks, families and companies suffering in the global economic crisis. The package, which is part of a proposed ...

A More Perfect Union - Louisville Courier-Journal
WASHINGTON -- "May you live in interesting times" is supposed to be an ancient Chinese curse, but I can't find evidence that the saying is Chinese at all, much less that it's ancient. One of the earliest reliable citations seems to be a 1950 short ...

Forces storm Jewish center; hostages freed from hotel - San Diego Union-Tribune
Matt Sauer, a young, single mortgage broker, planned to get rich quick after graduating from college. By age 28, he owned properties in Pacific Beach, Las Vegas and Florida. Matt Sauer, a young, single mortgage broker, planned to get rich quick after ...

Italy Unveils $100 Billion Economic Bailout - Street.Com
MILAN, Italy -- The Italian government on Friday announced an euro80 billion ($103.2 billion) emergency package offering relief to banks, families and companies suffering in the global economic crisis. The package, which is part of a proposed euro200 ...

Kristi O'Harran - Everett Herald
One family’s mortgage crisis August 1998: The Bergers buy a two-story house for about $153,000 in Marysville after renting for about a year. They get a 30-year Veterans Affairs mortgage with a 7 percent fixed rate through Countrywide Financial ...

MidFlorida Credit Union Buys A.H. Realty - The Ledger
LAKELAND | A.H. Realty, a longtime Polk County real estate business, has been purchased by MidFlorida Federal Credit Union, MidFlorida announced today. The acquisition was completed on Wednesday. A.H. Realty will be renamed MidFlorida Real Estate ...

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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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