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California’s Great Olive Oil Flood - Santa Barbara IndependentLate each fall, tense times arrive in the olive orchard at Pasolivo near Paso Robles. The annual wine-dark flood has already drenched the rest of the Central Coast and state, where the vineyards are turning to gold, and now Pasolivo’s staff must ...
DeSoto residential building permits hit 10-year low - Memphis Commercial AppealDeSoto County and its cities closed the year with fewer new residential single-family building permits than in at least a decade. Officials issued 64.1 percent fewer of the permits in 2008 than in 2007. According to the DeSoto County planning office ...
CapeCodToday Blog Chowder - Cape Cod TodayChef John is all you say and then some.. having shared the kitchen with him for the last 2 1/2 years, and guesting on his show.. He'll be the 1st to admit he's a salesman 1st, an actor 2nd, portraying as a Chef 3rd! He's hilarious, self deprecating ...
Mississippi teen-birth rate tops U.S. - Memphis Commercial AppealMississippi surged to the top of the list in the number of babies born to teens in 2006, displacing Texas and New Mexico for the lamentable title. New figures released Wednesday by the U.S. Centers for Disease Control and Prevention showed ...
December 2008 - Posts - SlateWell, I end the year with a mea culpa : I should have read the New Republic piece about Holocaust survivor Herman Rosenblat before piping up to defend him. But even after doing so, I agree most with this part of what one of the scholars who initially ...
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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