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Daily Report - Baton Rouge Business Report
The City-Parish Planning Commission is set to vote on a concept plan for a mixed-use development on Joor Road at its meeting this evening. Joor Crossings, near the intersection of Mickens Road, would have 249 low-, medium- and high-density housing ...

Personnel file - Lexington Herald-Leader
Centre College: Ali Hamilton and Dawn Brown-Piatt have been named admission counselors. Shanna Heath has been named welcome center coordinator. Finance Kentucky Bank: Coy Nunemaker has joined the bank's lending department as a mortgage originator. He ...

National & World - Journal Inquirer
LINCOLN, Neb. — The mother was running out of more than patience when she abandoned her 18-year-old daughter at a hospital over the weekend under Nebraska’s safe-haven law. Friday, November 14, 2008 3:43 PM EST Ark. blacks can’t break state ...

Barack Obama is warned to beware of a ‘huge threat’ from al-Qaeda - Times Online
Barack Obama is being given ominous advice from leaders on both sides of the Atlantic to brace himself for an early assault from terrorists. General Michael Hayden, director of the CIA, this week acknowledged that there were dangers during a ...

Pay causing Covington police officers to flee - Slidell Sentry-News
For 25 years, Lt. Jack West has grinded out dead end murder cases, chased down robbers and help solved dozens of high profile cases as he’s cemented himself as one of the Covington Police Department’s most respected and tenured officers. Yet for ...

How The Bad Economy Impacts You & Your Family - Eyewitness News
Memphis, TN - 32 year-old Carrie Ronewicz knows what it's like to experience a financial crisis. After her adjustable rate mortgage shot up last year from $950 a month to more than $1400, she could no longer afford to pay her note. The bank ...

Interior Policy - Chicago Tribune
Mention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy. Lately, the term "prepackaged bankruptcy" has been gaining currency in the halls of ...

Nash Finch reveling in the calm - Minneapolis Star Tribune
The good news about Nash Finch Co. is that there hasn't been much news lately. That's probably a welcome relief to the Edina-based food distributor and retailer. Over the past few years, Nash Finch has endured management turmoil, slumping sales, a ...

Exclusive Reports - Business Courier
Cincinnati businesses brace for labor change Increase in medical deductible? Get used to it Some small businesses worry about likely reform, but many see Obama election as opportunity Cash America closing 43 sites Hobsons moves HQ to Cincinnati ...

Matter of Record, November 10 - Wichita Falls Times Record News
Bobby Sanders vs. James Prince, 1605 Pearlie Dr., $1,150.00, V3303 P56. SafeMark Systems LP vs. Everest Enterprises Inc./Comfort Inn & Suites Wichita Falls/Travelodge, 1740 Maurine, $17,016.46, V3303 P444. SafeMark Systems LP vs. Everest Enterprises ...

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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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