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News about Mortgages:
Virginia Heritage Bank Cuts Losses for the Second Quarter 2008 and ... - MarketWatchVirginia Heritage Bank Cuts Losses for the Second Quarter 2008 and ...MarketWatch - 6 hours agoThe Bank has three full service offices in Fairfax City, Chantilly and Gainesville, Virginia. The Bank also has a mortgage division located in Chantilly, ...
Falls Church Business News & Notes - Falls Church News PressFalls Church Business News & NotesFalls Church News Press, VA - 7 hours agoVirginia Commerce Bank has appointed Paul Garcia as Vice President, Sales Manager for the Bank’s Mortgage Lending department. As Sales Manager, he will ...
Florida To Auction 700 Foreclosed Homes [Housing Tracker] - Seeking AlphaFlorida To Auction 700 Foreclosed Homes [Housing Tracker]Seeking Alpha, NY - Aug 6, 20084 th ) Fairfax Board Finalizes Details Of Foreclosure Plan. Virginia: “The Fairfax County Board of Supervisors… purchase of foreclosed homes is the most ...
Fairfax Approves Foreclosure Plan - Mount Vernon GazetteFairfax Approves Foreclosure PlanMount Vernon Gazette, VA - Aug 6, 2008By Julia O'Donoghue The Fairfax County Board of Supervisors moved forward with a plan to address the rising foreclosure rate Aug. 4. The board voted 8-2, ...
High Gas Prices Put Brakes On Suburban Migration - Free Internet PressHigh Gas Prices Put Brakes On Suburban MigrationFree Internet Press, NY - Aug 4, 2008That is Fairfax County's policy at Tysons Corner, Virginia, where the Board of Supervisors approved high-rise office buildings, condominiums, a hotel, ...
Middleburg Financial Corporation Announces 2008 Second Quarter ... - CNNMoney.com (press release)Middleburg Financial Corporation Announces 2008 Second Quarter ...CNNMoney.com (press release) - Aug 5, 2008As a result of the increased investment in Southern Trust Mortgage Company, LLC, (Southern Trust Mortgage) the Company is a majority owner and is required ...
Fairfax Board Finalizes Details Of Foreclosure Plan - NBC 4.comFairfax Board Finalizes Details Of Foreclosure PlanNBC 4.com, DC - Aug 4, 2008One supervisor also asked Monday for the county to investigate whether banks and mortgage companies can be fined by the county if they allow foreclosed ...
Ringleader in Credit Card and Mortgage Scam Sentenced - Australia.TORingleader in Credit Card and Mortgage Scam SentencedAustralia.TO, Australia - Aug 1, 2008The phony documents were then provided to credit card companies, leasing offices, mortgage companies, and financial institutions to obtain credit in the ...
Business calendar: July 28-Aug. 4 - Kansas City StarBusiness calendar: July 28-Aug. 4Kansas City Star, MO - Jul 28, 2008FIRST FRIDAY FOCUS: Membership luncheon in conjunction with Fairfax Industrial Association. Sponsored by the Kansas City Kansas Chamber of Commerce. ...
Should you buy a home now? - Los Angeles TimesLos Angeles TimesShould you buy a home now?Los Angeles Times, CA - Aug 3, 2008Above, an open house in Fairfax last month. The drop in prices may mean it's time to jump in. Or is it too soon? Experts offer pros and cons. ...

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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.
View all Terms |