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Florida East Coast Industries & Florida East Coast Railway Refinance Credit Facility (Business Wire via Yahoo! Finance)
Posted: July 29th, 2009, 10:17am EDT
CORAL GABLES, Fla.----Florida East Coast Industries, Inc. and Florida East Coast Railway, L.L.C. today announced that they have successfully refinanced the $1.58 billion loan due July 27, 2009. -
Bahrain's GFH to refinance $300 mln loan-IFR (Reuters via Yahoo! Asia News)
Posted: July 29th, 2009, 9:56am EDT
MANAMA, July 29 (Reuters) - Bahrain-based Islamic lender Gulf Finance House (GFH) is seeking to refinance its $300 million murabaha loan, for which it has appointed Deutsche Bank as bookrunner, IFR reported on Wednesday. -
Mortgage applications drop on refinance weakness (Market Watch)
Posted: July 29th, 2009, 6:22am EDT
Mortgage applications fall 6.3% last week from the prior week on lower refinancing demand, the latest data from the Mortgage Bankers Association show. It snaps a three-week streak during which there had been greater activity in mortgage applications. -
Liverpool Buy Another Year (Boltonwanderers Mad)
Posted: July 29th, 2009, 4:55am EDT
'Liverpool's American owners have concluded a deal to refinance the bank loan they took out to buy the club in 2007. The deal is believed to be for another year and will involve them paying back £60m of the original debt. -
Pool owners reach finance agreement (The Electric New Paper)
Posted: July 28th, 2009, 5:10pm EDT
LIVERPOOL'S American owners have concluded a deal to refinance the bank loan they took out to buy the club in 2007. -
Emerald Creek Capital Closes $800,000 Bridge Loan in 16 Days (PR Newswire via Yahoo! Finance)
Posted: July 28th, 2009, 11:31am EDT
Emerald Creek Capital , a short-term bridge lender, specializing in commercial real estate financing, recently announced it has closed a one-year $800,000 bridge loan for the refinance of nine townhomes in West Yaphank, New York. -
LOAN OFFICER: DODD KNEW HE GOT VIP DEAL (New York Post)
Posted: July 28th, 2009, 5:46am EDT
Despite his denials, Connecticut Sen. Chris Dodd knew from the start he was getting a VIP mortgage break from a major lending group, an official involved in the loan testified secretly to Congress. Dodd and Sen. Kent Conrad (D-ND) both got... -
Liverpool pay back £60m in refinance deal (Independent)
Posted: July 27th, 2009, 6:34pm EDT
Liverpool's American owners have concluded a deal to refinance the bank loan they took out to buy the club in 2007. Co-owners Tom Hicks and George Gillett are not expected to issue a statement, but the deal is believed to be for another year and will involve them paying back £60m of the original debt. -
Man To Live On Roof Until Loan Is Approved (WSB-TV 2 Atlanta)
Posted: July 27th, 2009, 4:16pm EDT
The owner of a carpet retailer says he'll live on the roof of his store until a bank loan comes through to save his company. -
Kopeika to Get Loan For $65M (The Moscow Times)
Posted: July 27th, 2009, 1:59pm EDT
28 July 2009 Vedomosti Kopeika is holding talks with Sberbank on a 2 billion ruble ($65 million) loan that would help the food retailer refinance 4 billion rubles of bonds, a source close to the bank said. -
Reds owners refinance bank loan (Fox Sports)
Posted: July 27th, 2009, 9:57am EDT
Liverpool's American owners have concluded a deal to refinance the bank loan they took out to buy the club in 2007. -
Liverpool owners refinance (LFC Online)
Posted: July 27th, 2009, 8:22am EDT
Tom Hicks and George Gillett have concluded a deal to re-finance the bank loan they took out to buy the club in 2007. -
Kopeyka Seeks 2 Billion Rubles From Sberbank to Refinance Bonds (Bloomberg)
Posted: July 27th, 2009, 1:57am EDT
July 27 (Bloomberg) -- OAO Trading House Kopeyka , the Russian food retailer owned by billionaire Nikolai Tsvetkov , agreed to borrow 2 billion rubles ($64.7 million) from OAO Sberbank to refinance bonds. -
Aussie says home loan refinancing up (BigPond News)
Posted: July 20th, 2009, 8:53pm EDT
Aussie Home Loans has recorded a strong rise in borrowers looking to refinance mortgages. -
Aussie says home loan refinancing up 38.5 per cent in June (The West Australian)
Posted: July 20th, 2009, 8:25pm EDT
Aussie Home Loans has recorded a strong rise in the number of borrowers looking to refinance their mortgages, as home owners try to take advantage of record low interest rates. The non-bank lender sa -
Aussie says home loan refinancing up (Sydney Morning Herald)
Posted: July 20th, 2009, 8:07pm EDT
Aussie Home Loans has recorded a strong rise in borrowers looking to refinance mortgages, as home owners try to take advantage of record low interest rates. -
More seek to refinance mortgages (Adelaide Now)
Posted: July 20th, 2009, 7:30pm EDT
AUSSIE Home Loans has recorded a strong rise in the number of borrowers looking to refinance mortgages, as home owners take advantage of record low rates. -
Aussie says loan refinance 'soaring' (News.com.au)
Posted: July 20th, 2009, 7:23pm EDT
AUSSIE Home Loans has recorded a strong rise in the number of borrowers looking to refinance their mortgages, as home owners try to take advantage of record low interest rates. -
Meralco to refinance debt (Philippine Daily Inquirer)
Posted: July 20th, 2009, 4:44pm EDT
Manila Electric Co., the country's biggest electricity distributor, plans to borrow P2.5 billion in the current quarter, to refinance loans maturing early next year. -
CIT Group board OKs rescue loan (Los Angeles Times)
Posted: July 20th, 2009, 1:59pm EDT
The loan from key bondholders won't necessarily prevent bankruptcy but provides relief for the commercial lender and is good news for small businesses that depend on it. The board of CIT Group Inc., one of the nation's largest lenders to small and mid-size businesses, approved a deal with major bondholders to keep the company out of bankruptcy, said two people briefed on the talks. -
Leveraged-Loan Market Climbs to July Record on Debt Refinancing (Bloomberg)
Posted: July 20th, 2009, 11:52am EDT
July 20 (Bloomberg) -- Prices of leveraged loans rose last week to the highest this month as investors bet that companies’ efforts to refinance maturing debt will yield higher returns and boost their creditworthiness. -
CIT Group board approves $3 billion rescue loan (The Champaign News-Gazette)
Posted: July 20th, 2009, 9:46am EDT
NEW YORK (AP) – CIT Group Inc.'s board approved a deal with major bondholders to keep the company out of bankruptcy with a $3 billion rescue loan, according to published reports. The emergency loan gives the commercial lender some desperately needed breathing room to refinance maturing debt amid a major liquidity squeeze. -
Report: CIT Group board OKs $3 billion rescue loan (AP via Yahoo! News)
Posted: July 20th, 2009, 8:05am EDT
CIT Group Inc.'s board approved a deal with major bondholders to keep the company out of bankruptcy with a $3 billion rescue loan, according to published reports. -
Mechel Agrees to Refinance $2.6 Billion of Bank Loans (Update3) (Bloomberg)
Posted: July 13th, 2009, 7:52am EDT
July 13 (Bloomberg) -- OAO Mechel , the Moscow-based steelmaker run by billionaire Igor Zyuzin , agreed to refinance $2.6 billion of loans in the biggest foreign-debt restructuring by a Russian company since the credit crisis began. -
Mechel Agrees to Refinance $2.6 Billion of Facilities (Update1) (Bloomberg)
Posted: July 13th, 2009, 6:52am EDT
July 13 (Bloomberg) -- OAO Mechel , the Russian steelmaker controlled by billionaire Igor Zyuzin , agreed to refinance $2.6 billion of credit facilities used to buy chrome and nickel producer Oriel Resources Plc and Siberian coal assets. -
Balloon Mortgages: A Relic of the Boom Survives? (Washington Post)
Posted: July 13th, 2009, 5:11am EDT
Honestly, I thought balloon mortgages--loans that come due after a short period, forcing a refinance--were killed off by the real estate crash. But I learned that online lender ING Direct is still offering these risky loans. Only now they're taking steps to limit their own risk by requiring at least a 25 percent down payment (or equity, if it's a refinance). The payoff for borrowers: A 4.25 ... -
PA Office Lands $52M Refi (Commercial Property News)
Posted: July 13th, 2009, 4:33am EDT
Capmark has originated $52.5 million for a partnership equity recapitalization and refinance of an existing loan for a 345,000-square-foot office tower in Conshohocken, Pa. The 16-story Class A property is known as Eight Tower Bridge. -
Mechel signs $2.6 bln refinancing deals (Reuters via Yahoo! Singapore News)
Posted: July 13th, 2009, 3:28am EDT
* Mechel refinances $1.6 bln of Yakutugol loan -
(AFX UK Focus) 2009-07-13 06:51 Russia Mechel says signs $2.6 bln of refinancing deals (Interactive Investor)
Posted: July 13th, 2009, 1:17am EDT
MOSCOW, July 13 (Reuters) - Russian steel and coking coal producer Mechel said on Monday it has signed agreements to refinance $2.6 billion of short-term debt. It refinanced $1.6 billion of a $2 billion facility used to acquire the Yakutugol coal mine after already paying of the remainder. Mechel, controlled by billionaire Igor Zyzin, also refinanced $1 billion of a $1.5 billion loan used to ... -
myAutoloan.com Experiences Dramatic Increase in Auto Loan Demand for 2nd Quarter 2009 (PRWeb)
Posted: July 12th, 2009, 2:15am EDT
myAutoloan.com, an online auto loan finance company, is experiencing a dramatic increase in customer auto loan applications for the second quarter of 2009. The trend follows the first quarter increase and it is continuing to show strong demand as we enter into the third quarter. (PRWeb Jul 12, 2009) Read the full story at http://www.prweb.com/releases/2009/07/prweb2630004.htm -
myAutoloan.com Experiences Dramatic Increase in Auto Loan Demand for 2nd Quarter 2009 (PRWeb via Yahoo! News)
Posted: July 12th, 2009, 2:05am EDT
myAutoloan.com, an online auto loan finance company, is experiencing a dramatic increase in customer auto loan applications for the second quarter of 2009. The trend follows the first quarter increase and it is continuing to show strong demand as we enter into the third quarter. -
Bank Ekspor Indonesia to sign $210 mln syndicated loan (Reuters via Yahoo! Philippines News)
Posted: July 9th, 2009, 11:00pm EDT
SINGAPORE, July 10 (Reuters) - Bank Ekspor Indonesia will sign a $210 million syndicated loan on Friday to help refinance the Indonesian lender's loan and support future export financing, Bank Mandiri, one of its mandated lead arrangers & bookrunners, said. -
Undocumented income makes it hard to get a loan (San Francisco Chronicle)
Posted: July 9th, 2009, 3:08am EDT
With more than $300,000 in combined annual income, tens of thousands of dollars in the bank and credit scores that top 800, Jennifer France and her partner would seem like ideal candidates for a mortgage refinance. But when they applied to swap an interest-... Sponsored Topics: Business - Refinancing - Loan - Mortgage - Credit score -
New refinance rules should help in Arizona (12 News Phoenix)
Posted: July 4th, 2009, 12:39pm EDT
The federal government's easing of eligibility requirements for its home-loan refinancing program should allow more Arizonans to reduce their monthly mortgage payments. -
Help for Those Struggling To Pay the Mortgage (Washington Post)
Posted: July 4th, 2009, 11:50am EDT
If you can't afford your monthly mortgage payment and you can't refinance, a loan modification may keep you in your home. -
Owe more than your home is worth? You can still refinance, but it's complicated (Seattle Times)
Posted: July 4th, 2009, 4:09am EDT
The federal government's Home Affordable Refinance program is designed to help homeowners refinance their mortgages, even if they owe slightly more than their home is worth. B ut it applies only to loans owned or guaranteed by Fannie Mae or Freddie Mac and the rules are complex. -
New refinance rules should help in Arizona (The Arizona Republic)
Posted: July 4th, 2009, 3:10am EDT
Feds have extended a program to aid borrowers. -
Shop Around for That Refinance, but Don't Delay (Washington Post)
Posted: July 3rd, 2009, 11:00pm EDT
Q: I am shopping to refinance my condominium mortgage of about $400,000. The outstanding loan balance is $160,000, and my credit is stellar. In order to refinance with my current lender, they want $2,200 in closing costs. I just financed with this lender three years ago, and there seems to be no special benefit for refinancing with them again. I don't understand why they wouldn't want to keep a ... -
Freddie Mac Increases Relief Refinance Mortgage Loan-to-value Ratio (Banking Business Review)
Posted: July 3rd, 2009, 1:44am EDT
Agnitio is a privately owned company with venture ... Cryptomathic is one of the world's leading provide ... -
Eligibility for home refinance program is expanded (Chicago Tribune)
Posted: July 2nd, 2009, 7:29am EDT
The Obama administration eases rules, lifting the maximum loan-to-value ratio to 125%, in an attempt to make refinancing available to more people whose homes are worth less than their mortgages. The Obama administration eased eligibility rules Wednesday for its Home Affordable Refinance program, lifting the maximum loan-to-value ratio to 125% from 105%. -
Eligibility expanded for home refinance program - Thu, 02 Jul 2009 PST (The Spokesman-Review)
Posted: July 2nd, 2009, 2:08am EDT
The Obama administration eased eligibility rules Wednesday for its Home Affordable Refinance Program, lifting the maximum loan-to-value ratio to 125 percent from 105 percent. The shift, which regulators had hinted was coming, is aimed at making refinancing available to more people whose homes are worth less than their mortgages. -
U.S. raises home refi plan's loan-to-value ceiling to 125% (Los Angeles Times)
Posted: July 1st, 2009, 3:41pm EDT
The Obama administration today eased eligibility rules for its Home Affordable Refinance Program , lifting the maximum loan-to-value ratio to 125% from 105%. -
Fannie, Freddie to expand refinance program: source (Reuters via Yahoo! News)
Posted: July 1st, 2009, 11:38am EDT
Fannie Mae and Freddie Mac will expand their foreclosure-prevention efforts and refinance homeowners whose loan-to-value ratio is 125 percent, an administration source said on Wednesday.