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Obama pledges to help states weather recession - Washington PostCHICAGO (Reuters) - President-elect Barack Obama on Tuesday pledged to help state governors cope with a deepening recession and asked them to help craft a massive stimulus package to create jobs and tackle the crumbling economy. As governors ...
West Bend woman gets 2 years for sex with teen - Milwaukee Journal SentinelDec. 1, 2008 4:48 p.m. | West Bend - A 32-year-old West Bend woman was sentenced today to two years in prison for having sex with a 15-year-old boy and then violating conditions of her bail by repeatedly text-messaging him. Jaime M. Foss also was ...
Great Wolf talking with lenders about mortgage extension - Milwaukee Journal SentinelDec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...
Sound off on Vazquez deal - Atlanta Journal ConstitutionThe entry titled "Hampton is gone, while Peavy is ...," and any of the comments about it. Come back … no, good riddance … Please stay, we need you … no, please just go. Does that pretty much summarize the polarizing presence that was Mike ...
Globe editorial board editor on why Harper should resign - Globe and MailDarcy Meyer from Canada writes: John, you didn't take one question from someone defending Harper or posing an arguement why he should not resign. This would contrast your view and stance, and allow you to show your justification for such a call. I ...
St. Joe County sets timetable - WNDUSt. Joseph County finally has a clue how and when it will collect property taxes for this year. The bills are being sent out much later than usual, and, for some, they should come uncomfortably close to the holidays. St. Joseph County Treasurer Sean ...
woody188's blog - Capitol Hill BlueFox reported WTC 7 fell before it actually did. The BBC also reported WTC 7 fell before it did. How did Fox and the BBC both know the Building 7 was coming down 30 seconds or so before it actually happened? For that matter, why did Building 7 even ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Retailers, already grappling with slowing sales, are hoping that Black Friday and this year’s holiday shopping season brings a much needed ...
commercial real estate - New York Observer95 Morton Street. The New York-based real estate private equity firm Brickman has dropped $96.5 million on 95 Morton Street, an eight-story pile of bricks at the corner of Morton and Washington streets. The Fifth Avenue firm signed the deed on Nov ...
Pay cuts won't fix sick auto industry, CAW says - Globe and MailYou beat me to it... If the Unions won't do their part... There is NO WAY that Canadian taxpayers should be expected to... Any plans for a bail out SHOULD definitely be cancelled... Let the 'Big 3' fail ... Plain Joe from Canada writes: ' Ryan Lemay ...
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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