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Officials to break ground on new C.J. Peete development - New Orleans Times-PicayuneOfficials will break ground at 9:30 a.m. today on a new mixed-income development that will replace the C.J. Peete public housing development in Central City. This will be the second groundbreaking in the federal government's plan to replace the city ...
Government Debt - Chicago TribuneMost would agree that it's good to have 2008 in our rear-view mirror. But the accompanying belief that 2009 and its grim economic prospects will be just as bad may be far too pessimistic. America, that great engine of contradiction, often surprises ...
The new year / Stories we'd like to see - Atlantic City PressWelcome, 2009. Begone forever, 2008. If we were going to be gloomy and pessimistic today, we could paint a picture of the upcoming months that would send you scurrying back to bed until the daffodils come out - which they are doing earlier and ...
More Americans live within their means - Galveston County Daily NewsBy choice or by force, more U.S. consumers are doing something that seems almost un-American — embracing frugality and living within their means. Maybe it’s a backlash to the excesses, the fast-and-loose mortgage lending and unabashed greed that ...
LA water cops hunt wasteful faucets, sprinklers - Buffalo NewsThe green thumbs who keep lawns lush and flora flourishing in the city have found a new foe among the aphids, white flies and other yard pests - the water police. Just as some scofflaws keep an eye out for black-and-white patrol cars, gardeners have ...
When the economy falters, tax attorneys get busy - Long Island Business NewsWhile the soft economy may mean hard times for many businesses, a virtual army of tax attorneys expect bad times to be good for business. When the going gets tough, tax attorneys say they typically see their business go gangbusters. Tax attorneys ...
$812M in cuts proposed from state budget - Asbury Park PressTRENTON — Aid to cities and schools is on the chopping block as Gov. Jon S. Corzine unveiled his ideas Monday for proposed cuts to help bridge the state's $2.1 billion budget gap. A total of $812 million in spending is being pared from the current ...
Matter of Record, January 5 - Wichita Falls Times Record NewsState Farm Mutual Automobile Insurance Co. vs. Joshua Eric Melton, 4118 Palomino, $4,616.49, V3317 P802. County of Williamson vs. Travis A. Holland, et al, 1419 N. 7th, $2,025.29, V3318 P20. Gant, Kenneth Adrian, Wichita County, Chapter 7, Date Filed ...
Obama bringing renewed interest to Hawaii - Honolulu Star-BulletinVoters are hoping that President-elect Barack Obama will bring change to the United States. Hawaii's lead visitor industry is hoping he also will bring business to the islands. Tourism in the isles is facing significant challenges due to the mortgage ...
Many sectors suffered in 2008 - Columbus DispatchIt's no secret that publicly traded companies as a whole took a drubbing in 2008. A look at some of the industry sectors of interest in central Ohio, the problems faced in the past year and thoughts on what 2009 might bring: The meteoric rise and ...
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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