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General Motors board weighs bankruptcy option: report - ReutersWASHINGTON (Reuters) - The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday. The paper, citing people ...
Man, 19, charged with DUI in fatal three-vehicle crash - Las Vegas SunMetro Police said a 19-year-old man was arrested in connection with felony DUI after a three-vehicle crash late Friday that killed a Las Vegas woman. Authorities responded at 10:57 p.m. to the collision at the intersection of Wilshire Street and Doe ...
5 prisoners beheaded in Guatemala prison fight - Las Vegas SunA prison fight in Guatemala has left seven inmates dead, including five who were decapitated. National prisons systems spokesman Rudy Esquivel says authorities found the five heads after the fight in the Pavoncito prison in Guatemala City. He says ...
Geithner's peers praise his perspective - Politico.comGeithner, the NY Fed chief poised to be Obama’s Treasury secretary, would bring a number of skills to the table. One of Geithner’s greatest virtues, Bergsten said, is his combination of “forcefulness with geniality.” A man with a wry sense of ...
Secret diary of an agent - Guardian UnlimitedFirst, I'd like to get the confession out of the way. I'm an estate agent. As the rain lashes against the office window and the phones remain mute I can almost feel the waves of antipathy rolling my way, but as the office might be on the market ...
Stock futures fall ahead of retailer earnings - WTOP RadioNEW YORK (AP) - An anxious Wall Street proceeded cautiously Monday after last week's selloff, sending stock futures lower ahead of earnings from two major retailers. Investors were also nervously waiting to see whether the nation's troubled ...
Stock futures fall ahead of auto bailout talks - NewsweekAn anxious Wall Street proceeded cautiously Monday after last week's selloff, sending stock futures lower ahead of economic data and talks in Congress about the automotive industry. The government at 9:15 a.m. Eastern time will release its October ...
Wall Street falls ahead of auto bailout talks - MSNBCNEW YORK - Stocks dipped in early trading as investors digest more job cuts on Wall Street and a better-than-expected report on industrial output. Citigroup Inc. is cutting another 53,000 jobs in the coming quarters after suffering massive losses ...
Wall Street heads for lower open ahead of economic data, auto bailout ... - Orlando SentinelNEW YORK (AP) _ An anxious Wall Street proceeded cautiously Monday after last week's selloff, sending stock futures lower ahead of economic data and talks in Congress about the automotive industry. The government at 9:15 a.m. Eastern time will ...
Paulson's reputation taking hits - Denver PostWASHINGTON — Henry Paulson became Treasury secretary 28 months ago, when he was at the top of the financial world: Wall Street's best-paid chief executive, capping his career with a high-profile sojourn in public service. Two months before he ...
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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