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Mortgage Q&A: Even no-cost closing has costs
Posted: September 30th, 2010, 11:24am EDT
One of the most important aspects of a refinance is making sure the borrower understands why he may need to write a check at the settlement table. I get this question all the time: "If there are no closing costs with the refinance, why would I need a check at ... -
Arbor Funds $83,100,000 Refinance Loan
Posted: September 30th, 2010, 8:57am EDT
UNIONDALE, N.Y.--(BUSINESS WIRE)--In partnership with Fannie Mae, Arbor Commercial Mortgage, LLC, announced the recent funding of $83,100,000 in refinancing for Sand Castle Apartments in Queens, NY. -
Arbor Funds $83,100,000 Refinance Loan
Posted: September 30th, 2010, 8:50am EDT
UNIONDALE, N.Y.----In partnership with Fannie Mae, Arbor Commercial Funding, LLC , a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of $83,100,000 in refinancing for the 917-unit complex known as Sand Castle Apartments in Queens, NY. -
Tata Steel signs pacts to refinance loans in Europe
Posted: September 29th, 2010, 5:40pm EDT
Tata Steel said on Wednesday that it has executed agreements for the refinancing of its European operations. -
Mortgage Refinance Applications Decrease Despite Decline in Rates
Posted: September 29th, 2010, 3:53pm EDT
RISMEDIA, September 30, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending September 24, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8% on a seasonally adjusted basis from… -
Tata Steel Receives $5.6 Billion Loan to Refinance U.K. Corus Acquisition
Posted: September 29th, 2010, 1:05pm EDT
Tata Steel Ltd., India’s biggest producer of the alloy, said it obtained 3.53 billion pounds ($5.6 billion) of loans to replace the debt used to buy Corus Group Plc in 2007. -
Barry Dolowich: Refinance to cover other debts
Posted: September 29th, 2010, 3:46am EDT
Q: My husband and I are buried in a large amount of credit card debt to the point that we are barely able to make the minimum monthly payments. Fortunately, we still have a very small mortgage relative to the value of our home. -
DaVita borrowing $3 billion to refinance debt.
Posted: September 29th, 2010, 2:12am EDT
DaVita, the Denver-based provider of kidney-dialysis services, is seeking $3 billion in loans to refinance debt. -
Lawmaker unveils mortgage modification bill
Posted: September 28th, 2010, 3:50pm EDT
As many as 30 million U.S. homeowners would be able to refinance their mortgage at record low interest rates regardless of their credit situation under a plan unveiled on Tuesday by a Democratic lawmaker. -
Refinance Bill Drastically Alters Market
Posted: September 28th, 2010, 12:13pm EDT
In an effort to assist troubled homeowners, a California lawmaker plans to introduce legislation on Tuesday that would let just about anyone to refinance a mortgage. -
Lawmaker plans blanket mortgage modification bill
Posted: September 28th, 2010, 10:36am EDT
As many as 30 million homeowners would be able to refinance their mortgage at record low interest rates regardless of their income, credit history or loan-to-value ratio under a plan to be unveiled on Tuesday by a Democratic lawmaker. -
Home Refinancing: the Chicken or Egg Problem
Posted: September 28th, 2010, 12:15am EDT
Home refinancing has yet to see the historic numbers to match the historically low interest rates. While refinance activity increased this summer and fall, many homeowners find it hard to get new loans. "The rates have never been this low in the 30 years I've been in this business," said Pete Phillippe, a loan officer with Princeton Capital in Santa Rosa. "But it has never been harder for people ... -
Four banks refinance TARP funds
Posted: September 27th, 2010, 3:35pm EDT
(Crain's) — The first of the Chicago area’s small banks that got bailout funds from the federal government are paying the money back. -
Lower mortgage rates rekindle refinance flames
Posted: September 26th, 2010, 2:15am EDT
San Joaquin Valley homeowners have long-term goals -
MetroPac unit borrowing P5.5b to refinance debt
Posted: September 25th, 2010, 6:21am EDT
Metro Pacific Tollways Corp., the tollway unit of Metro Pacific Investments Corp., is borrowing P5.5 billion from local banks this year to refinance P9.5 billion in maturing debt between 2011 and 2014. -
A good time to refinance?
Posted: September 24th, 2010, 11:40pm EDT
Refinancing, a tool some used to seek relief from difficult economic times, may now be seen as a way to use the current economic climate to a homeowner's benefit. -
Can you lower the interest on a car loan?
Posted: September 24th, 2010, 5:00am EDT
If you have good credit, you may be able to cut the interest rate on your car loan. Here's how. -
Have you tried to refinance under the FHA Short Refinance Program?
Posted: September 22nd, 2010, 11:53am EDT
A new Federal Housing Administration program, the FHA Short Refinance Program, went into effect earlier this month. -
Daimler Said to Invite Banks to Join $9.4 Billion Loan to Refinance Debt
Posted: September 22nd, 2010, 11:48am EDT
Daimler AG , the world’s second- biggest luxury carmaker, started marketing a 7 billion-euro ($9.4 billion) loan to refinance debt, four people familiar with the matter said. -
Online Companies Are Better Options For A Mortgage Loan
Posted: September 22nd, 2010, 7:50am EDT
There are many good reasons to Refinance your home mortgage. If you should decide that this is the right time for you to lock in historic low rates with a new mortgage on your Los Angeles home, be sure to use mortgage broker or agent like Bill Rayman. By using an agent, you will be assured of having many choices of costs, terms, and qualifications. Bill Rayman has helped hundreds of homeowners ... -
MBA: Mortgage Purchase Activity declines slightly
Posted: September 22nd, 2010, 6:32am EDT
The Refinance Index decreased 0.9 percent from the previous week, which is the third straight weekly decrease. The seasonally adjusted Purchase Index decreased 3.3 percent from one week earlier . ... The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.44 percent from 4.47 percent, with points decreasing to 0.81 from 1.08 (including the origination fee) for 80 ... -
Mortgage demand idles despite low loan rates
Posted: September 22nd, 2010, 6:05am EDT
Home loan demand fell for a third straight week though fixed mortgage rates slid near all-time lows, with potential buyers still unnerved by the jobs market, Mortgage Bankers Association data showed on Wednesday. -
Mortgage Bonds Least Likely to Refinance Rally: Credit Markets
Posted: September 22nd, 2010, 12:17am EDT
Investors in U.S.-backed mortgage bonds are shifting into securities tied to debt from homeowners who are the least willing or able to refinance as the Federal Reserve helps keep interest rates near record lows. -
Obamas FHA Short Refinance Program: Roy Oppenheim Says Too Little Too Late
Posted: September 21st, 2010, 5:34pm EDT
Fort Lauderdale, Florida First loan modifications, then short salesnow its the short refi. Officially known as the FHA Short Refinance Program, its the latest band-aid in Obamas bailout plans aimed at resuscitating Floridas underwater homeowners facing foreclosure. Oppenheim Law helps homeowners understand the short refi... -
Fannie Mae and Freddie Mac Loan Modifications and Refinancings Continue to Increase
Posted: September 21st, 2010, 3:38pm EDT
RISMEDIA, September 22, 2010—Loan modifications and refinancings by Fannie Mae and Freddie Mac were up in the second quarter of 2010 as the volume of permanent modifications under the Administration’s Home Affordable Modification Program (HAMP) increased 65% while refinancings under… -
Arizona homeowners facing foreclosure can start applying for state aid Sept. 23rd
Posted: September 20th, 2010, 12:33pm EDT
Later this week, struggling Arizona homeowners will be able to apply for a piece of the $125 million in federal funds that the state Housing Department is administering. Most of the money is intended to help borrowers reduce their mortgage principal and stave off foreclosure. With stringent rules on who gets aid and a small pot of money to spend, officials don't expect the program to fix the ... -
Will Fannie, Freddie Participate in ‘Short Refinance’ Program?
Posted: September 20th, 2010, 11:18am EDT
Its tough to get a straight answer from anyone in Washington right now. But its an important question, because it could show if the administration, frustrated with the performance of its past loan modification programs, is taking a more activist role in its approach to mortgage giants Fannie Mae and Freddie Mac. -
Newtown considers plans to save by refinancing debt
Posted: September 20th, 2010, 8:21am EDT
Newtown Township is moving forward with plans to refinance $3.1 million of outstanding debt, in the hopes of saving $100,609 in the long run. -
Hertz Global Holdings Announces Amendments to Its Term Loan Credit Facility and Asset-Based Revolving Loan Credit ...
Posted: September 20th, 2010, 7:41am EDT
PARK RIDGE, NJ--(Marketwire - September 20, 2010) - Hertz Global Holdings ( NYSE : HTZ ) ("Hertz Holdings") announced today that its wholly owned subsidiary, The Hertz Corporation ("Hertz"), entered into an amendment to each of its term loan credit facility (the "Term Facility") and asset-based revolving loan credit facility (the "ABL Facility"). The amendments provide Hertz the flexibility to ... -
5 steps to a successful loan modification
Posted: September 20th, 2010, 5:00am EDT
A loan workout can be the last, best hope of avoiding foreclosure. But you need a good plan. -
Old mortgage refinance rule is outdated
Posted: September 20th, 2010, 5:00am EDT
The "1 percent" rule is not the best yardstick for measuring whether to refinance a mortgage. -
Q-Cells says to receive LDK's $225 mln loan early
Posted: September 20th, 2010, 12:52am EDT
* To receive $195 mln by end-2010, has received $56.2 mln -
The Hindu Business Line : NHB mulls early refinance to housing finance cos
Posted: September 19th, 2010, 1:33pm EDT
Normally, housing finance companies can tap NHB for refinance at concessional interest rates in respect of home loans, given by them only after their business stabilises i.e. two to three years after kicking off operations. -
Mayflower Hotel's loan woes could be echoed by commercial properties nationwide
Posted: September 18th, 2010, 5:17pm EDT
Travel and Tourism - Real estate - Business - Commercial - Business and Economy -
As home sales stall, low rates spark home loan refinancing
Posted: September 18th, 2010, 4:34pm EDT
RACINE COUNTY - After waking up in the first part of this year,home sales lately have fallen well below even 2009's tepid pace.Housing construction is a nearly stagnant industry. -
Time right to buy or refinance, locals Realtors say
Posted: September 18th, 2010, 1:18am EDT
PORTSMOUTH — Local Realtors and mortgage specialists say there is a little-known fact among potential home buyers that should urge them to hit the market. -
A Changing Landscape – Crucial Factors to Keep in Mind before You Decide to Refinance
Posted: September 18th, 2010, 12:08am EDT
RISMEDIA, September 18, 2010—(MCT)—The lowest mortgage interest rates in decades have sent thousands of homeowners eager to refinance their home loans scurrying into lenders’ offices. Many leave empty-handed and upset. A multipronged whammy of lower home values, new appraisal guidelines… -
Reasons Not to Refinance a Mortgage
Posted: September 17th, 2010, 5:37pm EDT
Borrowers with high balances may find the numbers favor refinancing, but for those who don’t owe much, closing costs may overshadow savings. -
Refinancing of courthouse loan approved
Posted: September 17th, 2010, 9:39am EDT
Macomb, Ill. — A favorable interest rate and the need for additional roof repairs led the McDonough County Board to vote Wednesday to refinance a bank loan taken out a few years ago for repairs to the county courthouse. -
Reasons Not to Refinance a Mortgage
Posted: September 17th, 2010, 8:35am EDT
Borrowers with high balances may find the numbers favor refinancing, but for those who don’t owe much, closing costs may overshadow savings. -
Will lender renegotiate car loan period?
Posted: September 17th, 2010, 5:00am EDT
The finance company might rework your car loan, but don't wait until you're behind in payments to ask. -
Loan week, September 10-16
Posted: September 16th, 2010, 5:48pm EDT
A roundup of the latest syndicated loan market news. -
How To Refinance Your Home: A Personal Journey Part III
Posted: September 16th, 2010, 4:50pm EDT
In which the author saves himself hundreds of dollars just by asking. -
15-year mortgage rates still at record low, Freddie Mac says
Posted: September 16th, 2010, 11:45am EDT
Interest rates are creeping back up for 30-year mortgages, but they remain at record lows for 15-year loans, helping to drive a surge in the refinance business. A report from Freddie Mac says the lenders it surveyed this week were... -
Mortgage rates close to steady in week
Posted: September 16th, 2010, 11:41am EDT
WASHINGTON, Sept. 16 (UPI) -- Average interest rates for long-term mortgages were mixed in the week ending Sept. 16, the U.S. Federal Home Loan Mortgage Corp. said Thursday. United States - Mortgage - Interest rate - Business - Financial Services -
Mortgage Q&A: Refi offer raises red flags
Posted: September 16th, 2010, 11:39am EDT
Well, folks, they're back. I just received a mortgage refinance solicitation letter that made me want to throw up. The words at the top of the letter, in giant calligraphy, boast, "Mortgage Reduction Notice." The next line, in bright red letters, screams out: "Act Now - 3.625% with a 3.875% ... -
Up in ARMs: Should You Refinance Out of Your Adjustable-Rate Mortgage?
Posted: September 15th, 2010, 1:40pm EDT
With mortgagee rates so low is now the time to refinance your adjustable-rate mortgage? -
CONSUMER ALERT: Home Loan Demand Falls As Refinancing Slows
Posted: September 15th, 2010, 10:10am EDT
NEW YORK - Mortgage applications for home loan refinancing fell for a second straight week, dropping to its lowest level since early August, as rock-bottom interest rates failed to boost demand. While historically low mortgage rates have been a glimmer of hope for a housing market that has struggled to find footing in the absence of government support, it failed to foster demand for loans to ... -
Home loan demand falls as refinancing slows
Posted: September 15th, 2010, 7:06am EDT
Mortgage applications for home loan refinancing fell for a second straight week, dropping to its lowest level since early August, as rock-bottom interest rates failed to boost demand. Mortgage - Refinancing - Interest rate - Loan - Business -
Home loan demand drops as refinancing loses luster
Posted: September 15th, 2010, 6:06am EDT
Mortgage applications for home loan refinancing fell for a second straight week, dropping to its lowest level since early August, as rock-bottom interest rates failed to boost demand. -
Fiserv refinancing $250 million of debt
Posted: September 14th, 2010, 11:15am EDT
Fiserv Inc., which provides technology for electronic payments, is looking to refinance its debt, the company said Tuesday. -
Obama's FHA Short Refinance Program: Roy Oppenheim Says Too Little Too Late
Posted: September 14th, 2010, 7:15am EDT
FORT LAUDERDALE, Fla. , Sept. 14 /PRNewswire/ -- First loan modifications, then short sales ... now it's the short refi. Officially known as the FHA Short Refinance Program, it's the latest band-aid in Obama's bailout plans aimed at resuscitating Florida 's underwater homeowners facing foreclosure. Oppenheim Law helps homeowners understand the "short refi" pros and cons. The FHA Short Refinance ... -
Solving the refinance puzzle
Posted: September 13th, 2010, 9:02pm EDT
The lowest mortgage rates in decades have homeowners flocking to lenders, but tough housing and credit markets provide plenty of obstacles The lowest mortgage interest rates in decades have sent thousands of homeowners scurrying into lenders' offices, eager to refinance their home loans. But many leave empty-handed and upset. -
How To Refinance Your Home: A Personal Journey Part II
Posted: September 13th, 2010, 5:36pm EDT
In which the writer tries to cut through refinancing clutter. -
Mechel takes out $2bn loan
Posted: September 13th, 2010, 9:50am EDT
RBC, 13.09.2010, Moscow 18:34:56. Mechel has secured $2bn in order to refinance its loan obligations, the Russian mining and metals company announced in a statement today. -
X5 Retail Group secures club loan to refinance existing liabilities
Posted: September 13th, 2010, 7:05am EDT
RBC, 13.09.2010, Amsterdam 15:58:49. X5 Retail Group N.V. has signed a club loan in the amount of $800m in order to refinance a syndicated loan worth $1.1bn taken out in 2007 for three years, the retailer's press office announced today. -
Russian retailer X5 refinances $1.1 bln loan
Posted: September 13th, 2010, 7:01am EDT
* Signs new club loan worth $800 mln -
Mortgage refinance payoff may be small
Posted: September 13th, 2010, 6:42am EDT
Dear Dr. Don, We currently have 7½ years and $76,000 left on a 15-year mortgage . Our rate is great -- 4.75 percent fixed. Could I do a seven-year adjustable-rate mortgage refinance at 3.2 percent to pay off the remainder of our loan? -
Refinance: Too much work, little reward
Posted: September 13th, 2010, 5:00am EDT
For one homeowner, a refinance means jumping through a lot of hoops without saving much money. -
Leaders vent anger at extra assistance for 'zombie' bank
Posted: September 12th, 2010, 10:11am EDT
The nationalized lender Hypo Real Estate bank has been granted loan guarantees to the tune of 40 billion euros ($51 billion) by the government's financial sector rescue fund. But not everyone is pleased about it. -
Loan balances above house values burden Toledo-area owners
Posted: September 12th, 2010, 9:47am EDT
By JON CHAVEZ BLADE BUSINESS WRITER It's a grim picture. A Sylvania couple, in 2004 amidst a housing boom, refinanced their mortgage for more than they owed on their 72-year-old two-story, four-bedroom house at 5158 Bilby Way. An independent appraisal found the house to be worth $130,000, and the lender was willing to lend $145,000, which the couple agreed to even though the house's Lucas County ... -
Power agency refinances debt
Posted: September 12th, 2010, 8:02am EDT
An advertisement by N.C. Eastern Municipal Power Agency to refinance more than $182 million in debt has many people confused, but officials who have worked on the deal said it is a positive step. -
Resisting lenders' misleading spiels
Posted: September 12th, 2010, 7:58am EDT
Arden Hander of Meadowbrook, like thousands of homeowners who had their mortgages originated by ABN Amro, now has his loan serviced by Citimortgage, which took over the Netherlands-based lender's portfolio a few years back. -
Refinancing boom, but little lift for economy
Posted: September 12th, 2010, 7:52am EDT
Homeowners are flocking to refinance their mortgage loans at record low interest rates, but unlike past refinancing waves, few are using their homes like ATMs and cashing out to buy cars, take vacations, or remodel, according to mortgage bankers and economic statistics. Refinancing - Mortgage loan - Mortgage - United States - Business -
Loan rates rise from record low
Posted: September 12th, 2010, 2:12am EDT
Mortgage rates mostly edged up last week as investors' fears about the economy eased. -
Clean up your credit first, then try for a home loan
Posted: September 12th, 2010, 1:20am EDT
I have made some bad credit mistakes due to my stupidity and the fact that I am not educated in financial matters. I am looking to buy my first home. I have a credit score that isn’t so pretty. I have some negative information on my credit report. I want to know how to increase my credit status, fix my credit report and raise my credit score to the point where I can purchase my first home. -
Six questions to ask before refinancing your mortgage
Posted: September 11th, 2010, 11:07pm EDT
Mortgage rates have been hitting historic rates nearly every week for a while now. According to Freddie Mac, the average rate for a 30-year fixed loan was 4.32 percent last week, and the 15-year average hit 3.83 percent. Mortgage - Freddie Mac - Loan - Refinancing - Tax rate -
FHA short refinance
Posted: September 11th, 2010, 10:58pm EDT
A new federal program could help homeowners who are current on their home loans and owe more than the house is worth. The FHA short refinance program began this week. -
When should I refinance my mortgage
Posted: September 10th, 2010, 5:02pm EDT
You may need to be logged in to see stories listed here that are in our archives. -
Junk Debt ‘Best Bet’ as Issuance Beats Record: Credit Markets
Posted: September 10th, 2010, 4:56pm EDT
Global high-yield bond sales surpassed last year’s record issuance in 2010 as the riskiest companies take advantage of plunging borrowing costs and investor demand to refinance debt. -
Podcast: New program helps 'underwater' homeowners
Posted: September 10th, 2010, 1:14pm EDT
WASHINGTON, D.C. — The FHA Short Refinance Option is a new program by the federal government that aims to help homeowners who owe more on their house than it's worth. The program allows "underwater" homeowners to refinance their mortgage with a Federal Housing Administration loan. Click here for a podcast report on this issue. -
BHP's Potash bid loan oversubscribed ahead of deadline
Posted: September 10th, 2010, 12:29pm EDT
Commitments include CIBC, Lloyds, Sumitomo Mitsui. 11 Sep 2010 3:14 AM -
BHP's $45 billion loan oversubscribed ahead of deadline
Posted: September 10th, 2010, 8:57am EDT
The $45 billion (29 billion pounds) loan backing BHP Billiton's bid for Potash Corp is oversubscribed ahead of its Friday deadline with a number of banks still outstanding bankers said. -
RLPC-BHP's $45 bln loan oversubscribed ahead of deadline
Posted: September 10th, 2010, 8:53am EDT
* BHP $45 bln loan oversubscribed-bankers -
Loan week, Sept 3-9
Posted: September 9th, 2010, 5:48pm EDT
A roundup of the latest syndicated loan market news. -
How To Refinance Your Home: A Personal Journey Part I
Posted: September 9th, 2010, 3:21pm EDT
In which the writer matches wits with the home mortgage industry. -
Making mortgage payments on an underwater loan? You deserve a break too.
Posted: September 9th, 2010, 1:36am EDT
The government has bailed out Wall Street firms, giant banks, creditors of Fannie Mae and Freddie Mac - and is trying to bail out people who've defaulted or are about to default on their mortgages. Mortgage - Business - Loan - Financial Services - Mortgage loan -
Alico refinances term loan, credit line
Posted: September 8th, 2010, 6:19pm EDT
Land management company Alico Inc. said Wednesday it has obtained $100 million in credit to refinance its term note and revolving credit line with Farm Credit of Southwest Florida. -
ProLogis Closes on Three Loan Extensions for ProLogis Mexico Industrial Fund
Posted: September 8th, 2010, 4:00pm EDT
ProLogis , a leading global provider of distribution facilities, announced today that it has closed on three loan extensions for ProLogis Mexico Industrial Fund , totaling $214 million, effectively extending the weighted average term of the Fund's debt by 4.4 years. Â The Fund's prior debt balance of $269 million was previously scheduled to mature in 2012 and 2013. Â -
Mortgage Purchase Applications Up, Refinance Applications Fall Slightly
Posted: September 8th, 2010, 3:53pm EDT
RISMEDIA, September 9, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending September 3, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.5% on a seasonally adjusted basis from… -
Help for homeowners who haven't missed a payment
Posted: September 8th, 2010, 3:16pm EDT
Borrowers who are up-to-date with their payments but have seen their home's value drop way below their loan amount could get help from a new government program. -
Alliant Techsystems Seeks to Refinance Loans
Posted: September 8th, 2010, 12:29pm EDT
Alliant Techsystems seeks to replace existing loans with $600M revolver, $400M term loan Business - Alliant Techsystems - Financial Services - United States - NASA -
Alliant Techsystems seeks to refinance loans
Posted: September 8th, 2010, 12:26pm EDT
Alliant Techsystems seeks to replace existing loans with $600M revolver, $400M term loan -
Tata Steel to raise up to US$5.5b loan
Posted: September 8th, 2010, 11:32am EDT
KOLKATA: India's Tata Steel, the world's No. 7 steelmaker, is in talks with banks to raise between US$4.5 billion and US$5.5 billion (US$1 = RM3.11) loan to refinance debt at its European unit Corus, its managing director said yesterday. "We are in talks with bankers to refinance our European loans," H.M. Nerurkar told reporters. The company had said last month it was looking to refinance ... -
Home Loan Applications Drop; Mortgage Rates Up
Posted: September 8th, 2010, 10:00am EDT
The Mortgage Bankers Association Says Applications Fell 1.5 Percent From Last Week While Rates Inched Up 0.07 Percent -
More People Going With 15-Year Home Loan
Posted: September 7th, 2010, 6:01pm EDT
CLEAR LAKE, IA - People looking to buy a home or refinance an existing mortgage are opting for a shorter loan. During the first six months of 2010, 26 percent of homeowners who refinanced chose a 15-year fixed rate mortgage. That's compared to just 18.5 percent in all of 2009. -
First Gen signs $142-M bank loan
Posted: September 6th, 2010, 11:46am EDT
FIRST GEN Corp. yesterday signed a $142-million loan to finance the Lopez-led firm’s investments and capital requirements. -
First Gen takes out $142-M loan from nine banks to fund capex
Posted: September 6th, 2010, 11:27am EDT
LOPEZ-led First Gen Corp. has obtained a $142-million loan from a group of banks to finance investments and other capital requirements. -
First Gen gets $142-M term loan facility
Posted: September 6th, 2010, 10:51am EDT
Lopez-controlled First Gen Corporation has inked a $142-million 6-year and 7-year term loan facilities arranged by BDO Capital and Investment Corporation as issue manager and sole bookrunner. In a disclosure to the Philippine Stock Exchange (PSE), First Gen noted that the facility was raised from a consortium of foreign and commercial banks composed of Banco de Oro, Security Bank, Bank of the ... -
Daimler Is Said to Plan Refinancing of $8.8 Billion in Loans Due Next Year
Posted: September 6th, 2010, 10:14am EDT
Daimler AG , the world’s second- biggest luxury carmaker, plans to refinance more than $8 billion of loans due in 2011 to take advantage of improving credit market conditions, two people familiar with the matter said. -
First Gen inks $142-M loan
Posted: September 6th, 2010, 7:53am EDT
The Lopez-led First Gen Corp. signed on Monday a $142-million loan, which would be used largely to fund investments and finance capital requirements for the various growth initiatives of the company. -
Refinance plan has its critics
Posted: September 6th, 2010, 5:27am EDT
The government will launch a refinance program this month that targets homeowners who are underwater on their mortgage but have not missed a monthly payment. -
First Gen takes out $142-million syndicated loan
Posted: September 6th, 2010, 3:32am EDT
First Gen Corp., the power generation unit of the Lopez group, took out a syndicated loan amounting to $142 million. -
Philippines' First Gen gets $142-mln term loan
Posted: September 6th, 2010, 1:25am EDT
MANILA, Sept 6 (Reuters) - Philippine power producer First Gen Corp said on Monday it has signed a $142-million term loan with a consortium of nine foreign and local banks, with the proceeds to be used to fund investments and capital spending and refinance debt. -
First Gen signs $142-M loan with consortium of banks
Posted: September 6th, 2010, 12:17am EDT
MANILA, Philippines - First Gen Corp. has signed a $142-million loan with a consortium of foreign and commercial banks. -
Refinance went through with a subordinate clause
Posted: September 5th, 2010, 2:41am EDT
Mortgage broker: Kevin Casey, Guarantee Mortgage, Opera Plaza Property type: A one-bedroom condo in SoMa's Infinity development Appraised value: $600,000 Borrowing amount: $417,000 Loan type: 30-year fixed Rate:... Refinancing - Mortgage - Business - Financial Services - Appraised value -
Unlike redoing mortgages, refinancing a car loan is quick, easy, and profitable
Posted: September 2nd, 2010, 11:11am EDT
It’s easy to overlook the cost of auto loans. Yet rates on auto loans have edged lower. And car buyers who didn’t get the best terms in the past year or so can refinance their loans. Loan - Mortgage - Refinancing - Automobile - Business -
Lapolla Receives $12.5M Asset-Based Loan From Bank of America Business Capital
Posted: September 2nd, 2010, 9:25am EDT
Financing Adds Working Capital and Strengthens Balance SheetHOUSTON, TX -- Lapolla Industries, Inc. ... -
Dana Blair of Love Funding Closes $6.56 Million Refinance Loan for Multifamily Housing Complex in Dallas
Posted: September 2nd, 2010, 6:14am EDT
Dallas - Love Funding today announced that its Dallas office closed a $6,560,000 non-recourse loan for the refinance of Aspen Chase, a 288-unit multifamily housing complex located in Dallas. -
Summary Box: Mortgage applications edge up
Posted: September 1st, 2010, 12:38pm EDT
HOME LOAN VOLUME UP: Mortgage applications rose 2.7 percent last week from the week before, the Mortgage Bankers Association said. REFINANCES LEAD WAY: The number of borrowers looking to refinance rose 2.8 percent and made up 83 percent of all new loan activity. -
More U.S. borrowers apply to refinance at lowest rates in decades
Posted: September 1st, 2010, 11:10am EDT
NEW YORK, N.Y. - Mortgage applications in the United States rose 2.7 per cent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments. -
More borrowers apply to refinance at lowest rates in decades, loan applications up 2.7 percent
Posted: September 1st, 2010, 10:48am EDT
NEW YORK - Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments. -
Mortgage Applications Rise 2.7 Pct on Low Rate
Posted: September 1st, 2010, 10:45am EDT
More borrowers apply to refinance on lowest rates in decades, loan applications up 2.7 percent Mortgage - Refinancing - Business - Financial Services - United States -
Home Loan Demand Rises As Rates Hit New Low
Posted: September 1st, 2010, 10:38am EDT
The nation's mortgage applications for home purchasing and refinancing increased last week as interest rates hit a new low, a glimmer of hope for a housing market that has failed to find footing in the absence of government support. -
US home loan demand rises as rates hit new low
Posted: September 1st, 2010, 6:59am EDT
US home loan demand rises as rates hit new lowUS home loan demand rises as rates hit new low -
Home mortgage refinance rates are low
Posted: September 1st, 2010, 5:00am EDT
Home mortgage refinance rates are low right now. How can you capture the best rate?