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Construction lien filed on Circuit City development - Barnstable PatriotA lien was filed Nov. 12 against the developer of the Circuit City building on Route 132. An $89,978.85 lien was placed on the property by Trane U.S., Inc, the manufacturer of heating and air conditioning systems. The amount is what remains of a June ...
US commercial property investors brace for worst - Guardian UnlimitedSAN DIEGO, Nov 20 (Reuters) - Last year, real estate investment trust (REIT) investors knew the party was over, but they did not expect it would take so long to clean up the mess. "It's scary" is the standard morning greeting this week at the ...
Stocks lower on global gloom - The AgeAustralian shares pushed lower in early trade after more proof overnight of a slowing global economy. Shortly after the market opened the benchmark S&P/ASX200 share index was down 0.9%, or 32.2 points, to 3620.8 points, while the broader All ...
Stocks mixed after MacBank result - The AgeAustralian shares clawed back early losses to be mixed in early trade after a 25% jump in Macquarie Group stocks sparked a rally by banks. All other sectors, though, were lower. The benchmark S&P/ASX200 share index was recently down just 1.7 points ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
SFGate: World Views - San Francisco GateThe Dalai Lama, the spiritual leader of Tibetan Buddhists and the head of the Tibetan government in exile - it's based in the Indian hill town of Dharamsala - has been ailing in recent months. In August, he was treated at a hospital in Mumbai, India ...
Boston Private Financial lost quarter billion dollars - Boston Business JournalBoston Private taking $66 million charge in Westfield Capital Management deal Wells tiptoes back into wholesale mortgage biz Boston Private Financial to take hit on Calif. loans Boston Private boosts stake in Bay Area money manager Boston Private ...
Forum on tax credits and foreclosure laws - Indianapolis StarThe Westfield Washington Public Library and H&R Block will host a free public forum on the Housing Assistance Bill of 2008 and new mortgage debt forgiveness laws from 6 -- 7 p.m. Nov. 10 at the library, 333 E. Hoover Road, Westfield. An H&R Block ...
Death of male probed as homicide in Westfield - Buffalo Newslooks as though it might be a homicide,” Gerace said. He said his office was attempting to obtain a search warrant in an effort to obtain evidence about the death. Woman sexually assaulted after passing out in bar Five charged with DWI after Bills ...
In dismal times, shopping still has the X factor - Times OnlineSome commentators put a sour interpretation on every aspect of the razzmatazz opening this week of Westfield, the £1.7 billion 40-acre shopping centre in Shepherds Bush, West London. But then, the recession, as I am increasingly noticing, is being ...
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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