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Phoenix leads nation with 32 percent decline in home prices - Phoenix Business JournalHome prices continue to plummet across the country, and Phoenix is leading the way. According to the S&P Case-Shiller Home Price Index, values in the Phoenix metro area are down nearly 32 percent compared with third-quarter 2007. Of all cities in the ...
MAHONING COUNTY - VindicatorMalcom E. Terrell, 4258 Woodmere Drive, Austintown, v. Sharon Terrell, 3618 Monaca Ave., Youngstown. John M. Rosensteel, 212 S. Roanoke Drive, Austintown, v. Elaine J. Rosensteel, 7064 Backwater Cove, Austintown. Shannon Cutrer, 6119 W. Western ...
Students face larger debts for college - WSLSTerrell Jones’ mother paid for his first two years at Virginia State University, but he expects his last two will leave him $30,000 in debt. Jones is confident that investment will pay off, even as he and other students worry that the worsening ...
Now Cowboys have to avoid another December slump - FOX NewsIRVING, Texas — With the return of Tony Romo, the Dallas Cowboys have recovered from a midseason rut that threatened to destroy their entire season. They have a three-game winning streak, with two impressive victories in a five-day span, and are ...
Simmons, Pirates roll past UTEP 53-21 - FOX NewsGREENVILLE, N.C. — East Carolina had already locked up its spot in the Conference USA championship game and had little to gain in Friday's home finale against UTEP. Still, the Pirates sure didn't look like a team playing a meaningless game. Brandon ...
Firm cleans up when homes are foreclosed - Detroit NewsBIRMINGHAM -- John Terrell has created a company that's cleaning up when it comes to foreclosures. Last year, the founder of the Clean Team decided to add another division to his company to handle growing demand from Realtors and mortgage holders ...
Steelers sign Farrior to 5-year, $18.25M deal - Baltimore SunFormer NFL MVP Shaun Alexander was released by the Washington Redskins on Tuesday after getting only 11 carries in five games. Alexander was signed Oct. 14 after backup Ladell Betts sprained his knee in a loss to the St. Louis Rams. Betts has since ...
Real Estate and the Academy Awards - BusinessWeekOnline real estate sites have to do something to attract attention these days. Cyberhomes.com , a division of the Fidelity National title insurance company, recently came with an analysis of where this year’s Oscar nominees live. In all there are ...
Wide Write: More Running Backs Than You Can Handle - FOX NewsFor starters, we want to recognize the rebound of a much-maligned fantasy running back: Ryan Grant of the Packers. Pundits and owners alike were trashing Grant earlier in the season, calling him a one-hit wonder after he averaged just 46 yards in his ...
Secretary of State Hillary Clinton? - Atlanta Journal ConstitutionI’ll be surprised if Barack Obama is standing at a podium soon introducing Hillary Clinton as his nominee for secretary of state. I don’t understand why Obama would seriously consider Clinton for that post, nor do I understand why Clinton would ...
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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