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Flynt Lincoln wins his 14th Longmeadow Country Club championship - Union-News & Sunday Republican
There aren't too many local amateur golfers who are recognized by first name only. He goes by Flynt. Flynt Lincoln, if you weren't sure or hadn't seen it engraved the other 13 times on the club championship plaque at Longmeadow Country Club. Lincoln ...

Lincoln Diaz-Balart jabs on Obama turf - Miami Herald
DENVER U.S. Rep. Lincoln Diaz-Balart flew into enemy territory Monday, tapped as a star of a Republican rapid-response team that is aggressively looking to put its spin on the Democratic convention. From a sleek, high-tech war room set up in a brick ...

MHDC expanded mortgage assistance includes Howard County - Boonville Daily News
The following is a brief of the story. For the full version, see the Tuesday, Aug. 26 print edition of the BDN. Missouri Housing Development Commission (MHDC) has mortgage financing available for a limited time to purchase homes located in disaster ...

Retired community leader Larry Arth dies at age 65 - Lincoln Journal Star
One of Lincoln’s most active and accomplished business and community leaders, Lawrence C. Arth, former chairman of the board of Ameritas Life Insurance Corp. and UNIFI Mutual Holding Company, died Wednesday at the age of 65. Arth is survived by his ...

Targeting McCain's "Keating 5" history - Newsday
In the same New York delegation meeting stood two loyal Democrats with starkly different opinions on what may be a big tactical question: whether the Barack Obama campaign should start openly slashing away at Sen. John McCain 's role long ago in the ...

FDIC: 117 troubled banks, highest level since 2003 - Lincoln Daily News
[ August 27, 2008 ] W ASHINGTON (AP) -- The number of troubled U.S. banks leaped to the highest level in about five years and bank profits plunged by 86 percent in the second quarter, as slumps in the housing and credit markets continued. Federal ...

Salvation Army extending assistance to local clients - TriVallyCentral
For citizens of Lincoln and Lawrence counties, getting assistance during tough times is about to get a little easier - and closer to home. Beginning Thursday, Sept. 11, the Salvation Army Corps from McComb will begin keeping office hours in ...

HomeServices of America's Real Estate Companies Provide Broad Range of ... - Forbes
With a network of 17,000 sales associates operating from 375 branch offices throughout 19 states, along with a vast relocation network, the real estate companies of HomeServices of America have become a centerpoint for marketing distressed properties ...

Consumer outlook up, housing bottom may be near - Lincoln Daily News
[ August 27, 2008 ] N EW YORK (AP) -- Americans felt better about the economy in August, as a barometer of sentiment posted the biggest boost in two years amid falling gas prices. Two reports suggested that a bottom could be nearing for the housing ...

Newcastle gets mortgage from PrivateBank - Crain's Chicago Business
(Crain’s) — Chicago-based Newcastle Ltd. has obtained a $14.1-million mortgage from PrivateBank for its recent purchase of nine retail properties on Clark Street in Andersonville. The real estate investment and advisory firm bought the nine ...

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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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