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Doris J. Dungey | Influential blogger, 47 - Philadelphia InquirerDoris J. Dungey, 47, an influential blogger who under the pseudonym Tanta wrote about the failing U.S. mortgage industry, died of ovarian cancer Sunday at Ohio State University Medical Center in Columbus. She previously lived in Upper Marlboro, Md ...
Falls Church Business News & Notes - Falls Church News-PressClearedJobs.Net , located in Falls Church, provided attendees at its 2008 job fairs the opportunity to vote for the nation's top recruiters for positions requiring security clearances. Over 4,500 job seekers in the security cleared marketplace ...
Capital One Bank an untested player in local retail banking - Washington Business JournalCapital One to buy Chevy Chase Bank Citi offers $20B in mortgage relief Columbia’s Oekos Group buys new Hagerstown shopping center Report: Citigroup weighs potential sale WKU students win $40,000 in Chase contest Another major shift in the local ...
Treasury weighs forcing down mortgage rates - Buffalo NewsWASHINGTON — The Treasury Department is strongly considering a plan to intervene directly into the mortgage industry to dramatically push down rates and stimulate the moribund housing market, according to sources familiar with the proposal. Under ...
Black Friday: Huge crowds of shoppers nationwide, but they're cautious - Salt Lake TribuneNew York -- Shoppers, who had snapped their wallets shut since September, flocked to stores before dawn Friday to grab deals on everything from TVs to toys on the traditional start of the holiday shopping season, feared to be the weakest in decades ...
Geithner May Seek to Push Bair Out After Clashes During Crisis - Daily Business Reviewimothy Geithner, President-elect Barack Obama’s choice for U.S. Treasury Secretary, is seeking to push Federal Deposit Insurance Corp. Chairman Sheila Bair out of office. Geithner, president of the Federal Reserve Bank of New York, has argued Bair ...
Black Friday Shoppers Out in Force to Grab Deals but Remain Cautious - FOX NewsVincent McLeese and Lisa Moore of Falls Church, Va., look at coupons for deals in the early morning line at Best Buy. Vincent McLeese and Lisa Moore of Falls Church, Va., look at coupons for deals in the early morning line at Best Buy. NEW YORK ...
'Extreme Makeover: Home Edition' chooses Girard family from Voluntown - New London DayTy Pennington, of ABC's “Extreme Makeover: Home Edition” knocked on the door of Carol Girard's mother's house in Old Lyme at 32 Sunset Drive at 8:22 this morning, officially making the Girard family of Voluntown reality TV stars. Opportunity ...
Bernanke: more action needed to cut foreclosures - Buffalo NewsFederal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been taken to ease the ...
Black Friday shoppers out in force - Durant Daily DemocratNEW YORK (AP) — Shoppers, who had snapped their wallets shut since September, flocked to stores before dawn today to grab deals on everything from TVs to toys on the traditional start of the holiday shopping season, feared to be the weakest in ...
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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