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Fla. called No. 1 in mortgage fraud - St. Petersburg TimesTAMPA — A national report released Tuesday said Florida leads the nation in mortgage fraud. Within the state, Tampa is second in the amount of suspicious loan activity. As the report was being released, a federal jury in Broward County was ...
Sentences Finally Put Period on Mortgage Fraud Cases - The LedgerBARTOW | When Orson Benn and Samuel L. Green were sentenced in September and October, it ended a multi-million dollar fraud case that began in 2004. Six people have been sentenced to prison on charges that include racketeering and conspiracy to ...
Georgetown sells for just over $2 million at auction - Tampa Bay Business Journal$28M deal by Adler Group sets industrial record WCI bankruptcy filing details mortgage holdings Commercial real estate Year in review: A virtual buffet for those investors interested in buying buildings, land US businesses mum on security measures in ...
2 Hot Air Balloons Crash Into Trees, Power Lines in Florida - FOX NewsThe Hillsborough County Sheriff's Office received reports of the accident Friday morning in Lutz, Fla. No one was hurt and power was never lost. One of the balloons clipped an electrical line but managed to land safely. In June 2006, two college ...
Capitan Development A Field Of Dreams No More - Tampa Bay OnlineTAMPA - El Capitan Crossings was supposed to be a place where needy families could realize the American dream of home ownership. But two-and-a-half years after developer Sylvia Alvarez launched the project, the weed-covered building site in Town 'N ...
A case study in housing collapse - St. Petersburg TimesTAMPA — Thousands of miles from the trading floors of global stock markets, an abandoned house in one of Tampa's poorest neighborhoods is an improbable place to learn about why the world's financial system is collapsing. But if you want to ...
Elevation checks a rising business for insurers - News-PressKris Slosser’s land surveying company has three employees and a lucrative new focus — elevation certificates. The certificates show the elevation of a building and are used by insurance companies to determine the flood insurance rate. In a ...
New flood maps put land surveyors back in demand - News-PressKris Slosser’s land surveying company has three employees and a lucrative new focus -- elevation certificates. The certificates show the elevation of a building and are used by insurance companies to determine the flood insurance rate. In a ...
Real-Time News - Newark Star-Ledger• Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game They met as teenagers, finding a common bond ...
Hillsborough County targets areas for housing rehab plan - St. Petersburg TimesPALM RIVER — Armando Celeiro came here from Cuba with $100 in his pocket. Forty-odd years later he's a furniture manufacturer and real estate investor, proud of his achievements and bullish on his community. Hillsborough County housing officials ...
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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