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Browne leaves nothing to chance in push for Appropriations post - Allentown Morning CallHARRISBURG | - How badly does state Sen. Pat Browne, R-Lehigh, want to become the next chairman of the prestigious and powerful Senate Appropriations Committee? Badly enough that, where his two rivals contented themselves with single-page letters to ...
How to Save the Auto Industry (and make America a better place!) - Patriot-News BlogsThere are going to be layoffs, lot's of them. Factories will be shuttered, the number of dealerships slashed. Tens of thousands of people will face the loss of their jobs, their homes, and their dignity. There's no longer any way to avoid it: massive ...
Berks County Week in Review - Reading EagleA recap of the week’s top news stories including details of the 2009 Berks County budget, an update on a proposed rail line from Wyomissing to Philadelphia, Boscov's receives financial aid from the federal government, and a new veterans memorial is ...
Valley towns eligible for federal housing relief - Allentown Morning CallMore than a dozen Lehigh Valley towns have neighborhoods with ''foreclosure risk'' ratings high enough to qualify for a share of $60 million in federal assistance to purchase, rehab and reoccupy foreclosed homes. That's Pennsylvania 's cut of a $3.9 ...
Displaying items 1-12 of 538 - Baltimore SunTODAY NOV. 19 BNI BETHLEHEM I Chapter of Business Network International meeting, 7-8:30 a.m., Best Western Lehigh Valley Hotel & Conference Center, 300 Gateway Drive, Hanover Township, Northampton County. Visitors welcome. Info: Call chapter ...
Community banks reaping benefits of lending policies - Allentown Morning CallWhile Wall Street melted down and news leaked about panicked deal-making among the nation's troubled financial institutions, something far less sensational played out at many of the Lehigh Valley's small community banks. New customers walked in the ...
Candidates exchange barbs following Tuesday debate - AZCentral.comPresidential candidates John McCain and Barack Obama continued the edgy conversation they'd started in their debate Tuesday, with the Republican questioning Obama's honesty and the Democrat shrugging off his opponent's attacks. Speaking at a rally ...
Financial Services - Chicago TribuneProspects dimmed on Monday for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and dangerous December. Though all sides agree that Detroit's Big Three carmakers are in peril, battered by the economic ...
Fort Myers, Cape Coral home woes worst in Florida - News-PressAlmost one in three Lee County homeowners owes more on his or her mortgage than the home is worth. And the situation is likely to keep getting worse as foreclosures mount and unemployment rises, according to a report issued Wednesday by housing ...
NAR, Mayors Recognize Allentown, Pa., for Helping Hometown Heroes ... - Yahoo FinanceWASHINGTON, Oct. 23 /PRNewswire/ -- The National Association of Realtors® and the U.S. Conference of Mayors have named Allentown, Pa., an Ambassador City for its Hometown Heroes program, which creates homeownership opportunities for the city's ...
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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