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Free Nassau mortgage clinic to offer help in Spanish - Newsday (subscription) (press release)Free Nassau mortgage clinic to offer help in SpanishNewsday (subscription) (press release)That problem hasn't gone away when it comes to getting help for borrowers facing foreclosures, so the Nassau County Bar Association recently launched ...
On Long Island, Legislating Fairness in Co-ops - New York TimesOn Long Island, Legislating Fairness in Co-opsNew York TimesThe law took effect at the end of last year — and it now appears likely to be introduced this year to the Legislature in Nassau County, ...and more »
Coastal Banking Company Reports Fourth Quarter and Full Year 2009 Operating ... - CNNMoney.com (press release)Coastal Banking Company Reports Fourth Quarter and Full Year 2009 Operating ...CNNMoney.com (press release)Also contributing to our income gains was the phenomenal performance of our wholesale mortgage division." For the full year 2009, net interest income grew ...and more »
State of the County: 'Deeply Troubled' - Farmingdale ObserverState of the County: 'Deeply Troubled'Farmingdale ObserverIn his first State of the County address, County Executive Edward P. Mangano criticized the previous administration, listing numerous problems in Nassau's ...and more »
Property Transactions - Delmarva Daily TimesProperty TransactionsDelmarva Daily Times... Ocean City, $225000 Margaret A. Campbell to Christian and Michael S. Payne, Nassau Valley TH CM, Ocean City, $15000 Federal Home Loan Mortgage Corp. to ...
Former Agape World exec nabbed for Little League steal - Long Island Business News (blog)Long Island PressFormer Agape World exec nabbed for Little League stealLong Island Business News (blog)Nassau County Police have slapped the cuffs on Richard Barry of Seaford for stealing about $7800 from the Little League he worked for to ...Seaford man stole from youth sports league, police sayNewsday (subscription)Seaford Man Charged With Stealing from Little LeagueLong Island PressSeaford man stole from Little League, police sayNewsday (subscription)all 5 news articles »
Everything You Wanted to Know About a Recent Sam Chang Sale - New York ObserverNew York ObserverEverything You Wanted to Know About a Recent Sam Chang SaleNew York Observer... as Chang's Hotel Reserve at 51 Nassau Street, the assumption of a $30 million first mortgage at 6 York and other considerations, securities filings say. ...and more »
About 5 percent of mortgaged LI homes in 'negative equity' - Newsday (subscription) (press release)About 5 percent of mortgaged LI homes in 'negative equity'Newsday (subscription) (press release)Another 9233 homes, about 1.8 percent of mortgaged properties, were near negative equity in Nassau and Suffolk, the firm said. ...and more »
AIG was even sleazier than you thought - Reuters (press release) (blog)AIG was even sleazier than you thoughtReuters (press release) (blog)It turns out, however, that AIG was actually a pretty substantial mortgage lender, through its AIG Federal Savings Bank and Wilmington Finance subsidiaries. ...and more »
Murder Probe Leads to Multi-Indictments - North Country GazetteNew York Daily NewsMurder Probe Leads to Multi-IndictmentsNorth Country GazetteProsecutors said the operation reached as far as Queens, Nassau, Suffolk, Westchester, New Jersey and Delaware. District attorney Charles Hynes said the ...Lawyers' Eerie Assassination Leads to Corruption ChargesBrooklyn Daily Eagleall 16 news articles »

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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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