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News about Mortgages:
Fulton Financial Corporation Announces Dates for Fourth Quarter/Year ... - Market WireLANCASTER, PA--(Marketwire - January 6, 2009) - Fulton Financial Corporation ( NASDAQ : FULT ) today announced that it will distribute its fourth quarter/year-end earnings news release and accompanying charts on Tuesday, January 20 at approximately 4 ...
Fulton commissioner wants to give cops free homes - Atlanta Journal ConstitutionFulton County Commissioner Robb Pitts has crafted a plan he thinks will cut down turnover in the police ranks; moving officers into foreclosed houses and giving them the deeds after 15 years of only paying a $2,500 down payment, the taxes and the ...
'White House' Saved from Foreclosure - WXIA 11 AliveDEKALB COUNTY, Ga. -- The current residents of the White House will not be moving out, after all. The residents of the "Atlanta White House," that is -- Fred Milani and his wife. Milani built and owns the Atlanta White House. It's a replica of the ...
With foreclosed homes available, Habitat remodels its methods - Atlanta Journal ConstitutionUntil this year, Habitat for Humanity followed a predictable pattern for getting deserving families into homes: collect donations, purchase land, then build a house from scratch using volunteer labor. In 2009, with record numbers of foreclosed ...
Home costs go north - Baltimore SunThe people migrating to the little town of Sykesville nowadays aren't like the sort who've lived there for years. They call town hall to report dead squirrels in the road. They demand that dandelions be removed from the parks. They expect more. But ...
January 5 - CNNStrife in the Middle East - Explore the current incursion taking place in the Gaza territory. Richardson Withdraws - Learn why a presidential Cabinet pick is withdrawing his nomination. Class in Session - Hear some students' opinions about the state ...
Radio & TV Talk - AccessAtlantaThe entry titled "1/7: Sheree Whitfield appeals divorce to Ga. Supreme Court," and any of the comments about it. On the show “The Real Housewives of Atlanta,” Sheree Whitfield expressed a desire for a “seven figure” settlement from her ex ...
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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