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Michael Lewis's The Big Short: What Does It Mean to Bet (Right) on Armageddon? - Huffington Post (blog)Michael Lewis's The Big Short: What Does It Mean to Bet (Right) on Armageddon?Huffington Post (blog)Among them: Steve Eisner, the compulsively honest, thoroughly tactless hedge-fund manager who starts his career as a Republican devotee of mortgage bonds ...and more »
Wayne Collett dies at 60; UCLA sprinter won silver medal at '72 Olympics - Los Angeles TimesLos Angeles TimesWayne Collett dies at 60; UCLA sprinter won silver medal at '72 OlympicsLos Angeles TimesCollett died Wednesday at St. Vincent Medical Center in Los Angeles after battling cancer, UCLA spokesman Marc Dellins said. At UCLA, where Collett competed ...and more »
Wayne Collett, Track Medalist Barred Because of a Protest, Dies at 60 - New York TimesNew York TimesWayne Collett, Track Medalist Barred Because of a Protest, Dies at 60New York TimesHis death, at St. Vincent Medical Center in Los Angeles, was caused by cancer, said Mark Dellims, the sports information director for UCLA, where Collett ...Wayne Collett, Track Medalist Barred Because of a Protest, Dies at 60El Paso Incall 30 news articles »
Taking Standard Deduction May Mean Paying More - New York TimesTaking Standard Deduction May Mean Paying MoreNew York TimesTaxpayers have two choices: take the standard deduction or itemize deductions such as mortgage interest, charitable donations and job-related spending. ...and more »
Pacific Mercantile Bancorp Announces the Election of George L. Argyros to Its ... - CNNMoney.com (press release)Pacific Mercantile Bancorp Announces the Election of George L. Argyros to Its ...CNNMoney.com (press release)In 2004, he was selected by the Horatio Alger Association to receive the Norman Vincent Peale Award in recognition for his ongoing involvement in the ...and more »
FOMC Likely To Reiterate Commitment To Record Low Rates - RTT NewsRTT NewsFOMC Likely To Reiterate Commitment To Record Low RatesRTT NewsThe Fed is expected to confirm the end of its purchases of mortgage backed securities, which are set to expire this month. ...and more »
Real estate fraud case settled with Atty. General - Inside Tucson BusinessReal estate fraud case settled with Atty. GeneralInside Tucson BusinessThose agreeing to the settlement included Andrew T. Silverstein, VinLan Ventures doing business as Re/Max All Executives, and Vincent Volpe. ...
China, Japan Reduced Holdings of US Treasury Debt in January - BusinessWeekChina, Japan Reduced Holdings of US Treasury Debt in JanuaryBusinessWeekMarch 16 (Bloomberg) -- China and Japan, the two biggest foreign holders of Treasuries, reduced their positions of US government debt ...and more »
2 realty agents settle investment case - Arizona Daily StarLoanSafe2 realty agents settle investment caseArizona Daily StarVincent Volpe, Re/Max's president and CEO, also agreed to the settlement. Their attorneys said the judgment, filed in Pima County Superior Court, ...Terry Goddard Announces Settlements in Real Estate Fraud CaseRealEstateRamaall 4 news articles »
LISC Applauds 'Urgently Needed' Housing Preservation Legislation Introduced by ... - PR Newswire (press release)LISC Applauds 'Urgently Needed' Housing Preservation Legislation Introduced by ...PR Newswire (press release)... such as subsidized mortgage maturity. According to Vincent F. O'Donnell, LISC Vice President for Affordable Housing Preservation, the legislation would ...and more »
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.
View all Terms