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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

Madison mortgage loan news:

Great Wolf Resorts, Inc. Announces Additional Extension of Maturity ... - Earthtimes
Author : Great Wolf Resorts, Inc. MADISON, Wis. , Jan. 9 /PRNewswire-FirstCall/ -- Great Wolf Resorts, Inc. (Nasdaq: WOLF), North America's leading family of indoor waterpark resorts, today announced that it has negotiated an additional extension of ...

Audio: Washington correspondent reflects on Bush interviews - Milwaukee Journal Sentinel
Jan. 9, 2009 1:52 p.m. | In 11 days, George W. Bush will leave the White House and the presidency and return home to Texas. In a story that will appear in Sunday's Journal Sentinel, Washington Bureau chief Craig Gilbert looks back at a half-dozen ...

Land deal clears way for Rothbury - Ludington Daily News
GRAND RAPIDS Great Lakes Energys claim to a land parcel at the Double JJ Resort in southern Oceana County was taken out of the picture Thursday, essentially clearing the way for a second Rothbury mega music festival this summer. At a bankruptcy ...

Before lender closed, employees were told: ‘Your jobs are safe’ - Atlanta Journal Constitution
The big Smyrna-based lender Sunshine Mortgage, which announced this week it was shutting down, is part of a much larger real estate enterprise run by Edward L. Terry and his son, Edward M. Terry. More than a dozen active companies are listed on the ...

Seattle-area home sales fall in Dec. to end a down year - Seattle Times
December's typically a slow month for home sales. Throw a snowstorm and flagging consumer confidence into the mix and you get the 11th consecutive month that home prices sagged in the Puget Sound region compared to the same month a year earlier. "It ...

Walker won't rule out taking U.S. stimulus aid - Milwaukee Journal Sentinel
Jan. 9, 2009 10:03 p.m. | Milwaukee County Executive Scott Walker is opening the door a bit wider to acceptance of federal stimulus aid, after he was criticized for saying he would refuse to seek such funds. Walker said he still preferred tax cuts to ...

ROTHBURY 2009: Judge says OK to lease - Oceanas Herald-Journal
GRAND RAPIDS — The odds of a second ROTHBURY Music Festival this summer at the Double JJ Resort in southern Oceana County improved Monday when a US Bankruptcy judge gave the go-ahead for a lease agreement between bankruptcy trustee Thomas Bruinsma ...

Land deal clears way for ROTHBURY concert - Oceanas Herald-Journal
GRAND RAPIDS — Great Lakes Energy’s claim to a land parcel at the Double JJ Resort in southern Oceana County was taken out of the picture Thursday, essentially clearing the way for a second ROTHBURY mega music festival this summer. At a ...

Housing crisis creates opportunities - Telegraph
After a significant slump in 2008, the home mortgage business appears to be entering 2009 on an upswing. Area mortgage specialists reported business concluding 2008 on the rise with no forecast of loan or refinancing inquiries slowing as 2009 begins ...

NYPD DAILY BLOTTER - New York Post
A 33-year-old father of three was shot and killed in his Woodhaven driveway yesterday by a thug he and his brother tried to fend off with sticks, police said. Beni Jagdesh and his brother got into an argument with the 18-year-old gunman outside the ...