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Kimball International plans to sell 27,000 acres - Courier-JournalKimball International, based in Jasper, Ind., plans to sell its undeveloped land holdings and timberlands -- about 27,000 acres in Indiana and Kentucky. The company no longer operates its own lumber mills. "Kimball share owners will be better served ...
Business Notes - Lexington Herald-LeaderNew policy would require drug, alcohol testing for all miners The federal agency that regulates the nation's coal and non-coal mines says it will revise its drug and alcohol policy to include substance abuse testing for all miners. Mine Safety and ...
Southern women (and men) know Palin - Atlanta Journal ConstitutionSouthern women — and the men who love them — will identify instantly with Alaska Gov. Sarah Palin. Her speech last night was brutally effective. Democrats do not know how to react today. They’re stumbling all over the place trying to construct ...
H'WOOD BIG EYES CITY 'ART HOUSE' - New York PostFallen Hollywood kingpin Michael Ovitz is bidding to make a splashy move to the Big Apple by buying a museum in Chelsea and building a palatial loft above it for himself and his growing art collection, The Post has learned. Ovitz, 61, has been in ...
INDUSTRY NEWS & PEOPLE July 2007 - Business Travel ExecutiveThe Association of Corporate Travel Executives has named Jerome Drevon-Barreaux, global travel manager for Capgemini, as the new regional chair of ACTE Europe. A more than 10 year veteran of the business travel industry, Drevon-Barreaux directs a T&E ...
New Wave Of Rita-Related Lawsuits Filed Against Countrywide - Insurance News NetFeb. 4--With Hurricane Rita threatening the Gulf Coast in September 2005, Samantha McCormick left her Lumberton home for the Texas Hill Country. Unable to transmit her mortgage payment because of storm-related power failure back in Southeast Texas ...
Calgary poised to go Liberal, party Leader says - Globe and MailR L from Calgary, Canada writes: Urban Calgarians are feeling alienated from the Alberta government. - Highest rate of increase in homelessness on the entire planet. - Less affordable housing than anywhere in the Western Hemisphere (minimum $1,100/mo ...

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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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