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Home Front: California mortgage crisis hits upscale Rocklin couple - Sacramento Bee
Home Front: California mortgage crisis hits upscale Rocklin coupleSacramento BeeBut that's what's happening as the mortgage crisis migrates higher up the food chain. Thursday, in Rocklin's Whitney Oaks neighborhood, retired teacher ...

VISION AVIATION, LLC v. AIRPORT AUTHORITY FOR AIRPORT DISTRICT NO. 1 OF ... - Leagle.com
VISION AVIATION, LLC v. AIRPORT AUTHORITY FOR AIRPORT DISTRICT NO. 1 OF ...Leagle.comNot only does Whitney hold a mortgage on the property that is central to the dispute between the parties, Whitney was also given certain rights as a ...and more »

The Stealth Bailouts - CounterPunch
The Stealth BailoutsCounterPunchThere's finally some good news on the housing front, but it has nothing to do with sales, inventory or interest rates. ...and more »

Whitney Says Banks Won't Replicate 2009 Capital Markets Success - BusinessWeek
Whitney Says Banks Won't Replicate 2009 Capital Markets SuccessBusinessWeek... government buys fewer mortgage assets. “Last year, the government did everything possible to make sure the banks made money and were solvent,” Whitney, ...and more »

Rescue Mission of Syracuse to occupy vacant Whitney Avenue building - Press & Sun-Bulletin
Rescue Mission of Syracuse to occupy vacant Whitney Avenue buildingPress & Sun-BulletinBINGHAMTON -- The main floor of 56-58 Whitney Ave. is bare, save for two swaths of colorful ...and more »

Flagler County public records for March 10, 2010 - Daytona Beach News-Journal
Flagler County public records for March 10, 2010Daytona Beach News-JournalGeorge Momdzhyan, real property; Coastal States Mortgage Corp. v. Cristino Alfonso, real property; BAC Home Loans Servicing v. Carol C. Egan, real property; ...and more »

Liberians in US wait to learn their future status - Minnesota Public Radio
Liberians in US wait to learn their future statusMinnesota Public RadioA recent report by Dorsey & Whitney LLP gives insight into the state of Liberia today. Only 15 percent of Liberians are formally employed. ...and more »

Walter Investment Management names Steven Berrard to board - Bizjournals.com
Walter Investment Management names Steven Berrard to boardBizjournals.com... said Whitney Finch, a spokeswoman for the company. Burchett previously was president and chief executive for Hanover Capital Mortgage Holdings Inc., ...and more »

When Cassandra speaks - Globe and Mail
When Cassandra speaksGlobe and MailBut the forecaster who attracted the most attention and applause was a blonde-a very sharp and outspoken one: Meredith Whitney (aka Wall Street's Cassandra) ...and more »

The Case Against Bernanke and Greenspan - CounterPunch
The Case Against Bernanke and GreenspanCounterPunchIs there enough evidence to indict Ben Bernanke and Alan Greenspan on charges that they aided and abetted the banks and other financial ...and more »

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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
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