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Autauga Cherokee Coosa Etowah Jefferson Marengo Pike Walker
Baldwin Chilton Covington Fayette Lamar Marion Randolph Washington
Barbour Choctaw Crenshaw Franklin Lauderdale Marshall Russell Wilcox
Bibb Clarke Cullman Geneva Lawrence Mobile Saint Clair Winston
Blount Clay Dale Greene Lee Monroe Shelby
Bullock Cleburne Dallas Hale Limestone Montgomery Sumter
Butler Coffee De Kalb Henry Lowndes Morgan Talladega
Calhoun Colbert Elmore Houston Macon Perry Tallapoosa
Chambers Conecuh Escambia Jackson Madison Pickens Tuscaloosa
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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Shelby favors changing automaker management teams - Quad-Cities Times
WASHINGTON - The top Senate Banking Committee Republican says nothing will turn around the troubled U.S. auto industry until its top management is ousted and the manufacturing model overhauled. Sen. Richard Shelby of Alabama said Wednesday he didn't ...

Title insurer wins round in mortgage fraud - Ledger-Enquirer
– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ...

Credit scores more important than ever for best loan rates - Contra Costa Times
Bryan and Trudi Sorge used two credit cards with 0 percent interest rates to pay for a new deck at their Pine, Colo., home, unaware the transaction would lower their credit score. "We thought why use the cash, this is easier," said Trudi, 47. "But ...

Auto Senators Mock Auto Execs Use of Private Jets; Bailout Stalled in ... - DailyTech
CEO Robert Nardelli, left, and CEO Alan Mulally of the once proud Chrysler and Ford sit grim as they are mocked by Senators while pleading for a 3 percent cut of the bailout bill. The use private jets by GM, Ford, and Chrysler's executives proved ...

November 2008 - Posts - MSNBC Firstread
Democratic sources say that former Bush 41 National Security Adviser Brent Scowcroft is one of the people whom Barack Obama has been consulting about how to craft his national security team. Knowledgeable sources say Obama reached out to Scowcroft ...

November 2008 - Weekly Standard
Out on the tour circuit for his new book, "How Mitt Romney, the Fake Conservative, Almost Bought the Republican Primary With His Big CEO Money" "Do the Right Thing," Mike Huckabee took a break from bashing former rival Mitt Romney to take a few ...

Top Republican senators oppose automaker bailout - MLive.com
WASHINGTON - Top Republican senators said Sunday they will oppose a Democratic plan to bail out Detroit automakers, calling the U.S. industry a "dinosaur" whose "day of reckoning" is coming. Their opposition raises serious doubts about whether the ...

Paulson, Bernanke Rebuked on Hill - Wall Street Journal
WASHINGTON -- Increasingly restive lawmakers greeted Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke with a wave of criticism Tuesday, questioning their efforts to implement the financial-rescue package and assailing ...

No regular session - Stateline
Several key issues were left on the table as squabbling Alabama legislators — widely criticized last year for their lack of productivity — could not put their differences aside. It even took an $110,000 special session to pass an education budget ...

Analysis: Lawmakers tying strings to auto bailouts - Northwest Herald
WASHINGTON (AP) – Democrats and Republicans alike want to impose stiff conditions on any bailout of the auto industry — from limiting executive compensation and outlawing dividends to demanding union concessions. That is a sharp contrast to the ...

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