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Mary Hanna column: How to flummox your waiter - Inside Bay AreaYou know you're in Chez Fancy Pants when you ask your server for a glass of water and he asks if "still" is OK. I figured he meant "tap water." I've been drinking Hetch Hetchy water for 10 years and am none the worse for wear, so I nodded my consent ...
Facing a Choice Between Home And Health Care - Wall Street JournalThe housing market's collapse is forcing a growing number of Americans sitting on large medical bills to choose between paying the mortgage and paying the doctor. People have long resorted to borrowing against their homes to pay for medical care in ...
The Foundry sale delay asked - Pittsburgh Tribune ReviewThe bank that holds the mortgage on The Foundry shopping center plans to ask a Washington County judge today to delay a sheriff's sale on the subsidence-damaged property until March 6. The South Strabane property is scheduled to be sold Friday, but ...
Choosing between home and health care - Arlington Heights Daily HeraldMedical debt is putting more patients at risk of losing their homes. • Consumer advocates say people generally shouldn't refinance or use home equity to pay medical bills. • Hospitals are often more willing than banks to forgive debts or set low ...
Request is a sign of tough times - Herald NewsAfter working for 25 years in the construction business, carpenter Chuck Wienke thought he was all set in his career. But there is no such thing these days as the economy tumbles and twists and shakes Americans loose from homes and jobs they thought ...
Central Jersey homes become even more affordable - MyCentralJersey.comIn August, the statistics showed that home prices had leveled off, and that it was an opportune time to buy a home. But then the economy went into a tailspin in October, and New Jersey home-sale contracts slowed to 28 percent fewer than October 2007 ...
A compilation of Sun stories that offer health advice - Batavia SunAccording to a 2006 study of online health searches by the Pew Internet and American Life Project, 80 percent of American Internet users, or some 113 million adults, have searched for information on health topics. The project, an initiative of the ...
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 ...
Madigan suing a Plainfield company - Herald NewsCHICAGO -- A Plainfield company is among seven "so-called mortgage 'rescue' companies" that were sued Monday by Illinois Attorney General Lisa Madigan. Madigan said the companies were scamming vulnerable homeowners who are on the verge of foreclosure ...
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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