Mortgage and Financial News From 2008-2-1 Page 3

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  • Keep my stimulus check (Concord Monitor)

    The government should not be in charge of the economy. The government is super-insecure and desperate to be liked, as anyone would be if his or her popularity got put to a public vote every few years.
    2008-02-01 10:23:43

  • Penn Traffic to Close Five Stores to Focus on Core Store Portfolio ...

    Forbes - ... or to amend or modify the terms of such agreements as may be needed from time to time; the ability of the company to generate cash; the ability of the company to attract and maintain adequate capital; the ability of the company to refinance ...
    2008-02-01 09:29:00

  • Leaders hold talks with Treasury secretary: Pelosi, Boehner lead ...

    Carroll County Online - Barney Frank, D-Mass., said negotiators were near agreement on including an overhaul of the Federal Housing Administration, which would make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans
    2008-02-01 07:37:00

  • Tax referendums, water needs top county agendas

    Rocky Mount Telegram - The West Mount Volunteer Fire Department wants $669,000 in three tax-exempt loans from Southern Bank and Trust to buy a new fire truck and refinance both another fire truck and the fire station. None of the requests calls for the use of county dollars
    2008-02-01 08:06:00

  • Consumer Class Action Certified Against Title Insurance Co.

    Law.com - ... rates are governed by a statute that calls for a 10 percent "reissue rate" discount whenever a property owner purchases title insurance within 10 years of obtaining a policy issued on the same property and a 20 percent "refinance rate ...
    2008-02-01 08:06:00

  • Macklowe in tentative deal to cede NY properties

    CNBC - The GM building's transformation has allowed Macklowe to refinance the original loan, meaning an additional $1.9 billion is owed in relation to the property, a source said. The New York Times reported this month that Macklowe said he believed the ...
    2008-02-01 01:47:00

  • Tentative Deal to Salvage Real Estate Empire

    New York Times - Unable to refinance or to find new investors in the Middle East, the Macklowes have been trying to buy time and work out their problems with Deutsche Bank. The arrangement with Deutsche Bank could still unravel, real estate executives say. Seemingly ...
    2008-02-01 01:54:00

  • Ventas Completes Previously Announced Sale of Common Stock

    Forbes - ... patients; (i) the results of litigation affecting the Company; (j) changes in general economic conditions and/or economic conditions in the markets in which the Company may, from time to time, compete; (k) the Company's ability to pay down, refinance ...
    2008-02-01 02:22:00

  • UPDATE 1-US groups seek congressional hearings on Countrywide

    Reuters - Barney Frank, the respective chairs of the Senate Banking Committee and House Financial Services Committee, the groups said they want Bank of America to offer Countrywide borrowers on the verge of foreclosure a chance to refinance into 30-year, fixed ...
    2008-02-01 03:13:00

  • Creditors give Esmark more time to refinance Wheeling-Pitt debt

    Pittsburgh Post-Gazette - Nervous creditors have given Esmark one month to refinance debt of its Wheeling-Pittsburgh Steel unit, which lost $158 million in the first nine months of last year. Amendments to the steelmaker's revolving loan agreement announced yesterday extend ...
    2008-02-01 09:11:00

  • What's a four-letter word for 'save'?

    Detroit News - If, using the example above, it costs $1,200 to refinance, you'd make your money back in less than 10 months. If it will take too long to recoup your outlay, Glanz advises finding a loan with no points and no costs. • Fix your rate: There's no ...
    2008-02-01 10:08:00

  • City's $61M debt high, board told - Tullahoma News and Guardian

    City's $61M debt high, board toldTullahoma News and Guardian, TN - 6 hours agoSunTrust recommended the city take measures to refinance $9.8 million in callable debt that is allowed by creditors to be paid off early. ...
    2008-02-01 04:00:49

  • Number of firms going bust falls, but beware the future - The Herald

    Number of firms going bust falls, but beware the futureThe Herald, UK - 6 hours ago... their monitoring of companies' financial performance, and that smaller companies which needed to refinance this year might be in for a nasty surprise. ...
    2008-02-01 04:07:38

  • Laos promises deluge of offshore project financings - IFR Asia

    Laos promises deluge of offshore project financingsIFR Asia, UK - 6 hours agoTHPC’s latest financing will go towards funding the expansion of capacity at the existing power plant from 210MW to 500MW as well as refinance the US$53m ...
    2008-02-01 04:07:43

  • Little-known Indian auto parts maker Sona thinks big - IFR Asia

    Little-known Indian auto parts maker Sona thinks bigIFR Asia, UK - 6 hours ago... an €18m eight-year senior term loan (Tranche B) and an €35m three-year revolver for working capital purposes that will refinance a similar facility at ...
    2008-02-01 04:07:51

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