The administrative aspects of a loan are referred to as its "servicing," an…

Liability insurance refers to an insurance product that protects an insured party ag…

A letter of indemnity, abbreviated as LOI, is a legal document that guarantees cert…

What Is a Lender Confirmation Auction mean One variety of a foreclosure sale is known…

A landlord is a property owner who rents or leases his or her property to another par…

What is Landlocked In the context of real estate, landlocked refers to a piece of pro…

A lien is a claim or legal right against property that is typically used as securit…

Who Are Lenders? An individual, group (public or private), or financial instituti…

A modification of an existing loan is when the terms of the loan are altered by the l…