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State seeks revocation of brokers' licenses (Rocky Mountain News)
Posted: March 31st, 2008, 11:20pm CDT
The Division of Real Estate is seeking to revoke the licenses of mortgage brokers Laura Ann Stearnes and Stephen Angelo Benaske, for an alleged mortgage fraud scheme in Denver. The division alleges that Stearnes, while working with an out-of-state client she apparently met through an online dating service, fraudulently redirected the consumer's refinance proceeds of $80,890. -
Clermont apartment owner gets $4.8M loan (BizJournals)
Posted: March 31st, 2008, 6:15am CDT
A South Florida company received a $4.8 million refinance loan for the Grand View Apartments in Clermont. -
Mechel to refinance Oriel takeover with upstream IPO (Interfax)
Posted: March 31st, 2008, 1:19am CDT
MOSCOW. March 31 (Interfax) - The Mechel (RTS: MTLR) coal and steel group is raising a bridge-loan of $1.5 billion to buy Oriel Resources, the UK-based mining company, which owns nickel and chrome mining assets in Kazakhstan, and plans to refinance this in a year with the proceeds from an IPO for the group's upstream assets. -
Bad Credit and Home Refinance (The Bradford Era)
Posted: March 30th, 2008, 3:53pm CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Cities, states scramble to refinance their debt (The Morning Call)
Posted: March 30th, 2008, 3:33am CDT
Fewer banks are willing to lend, and skyrocketing interest rates are straining public budgets. States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. -
Hospital seeks final OK from commission (Bastrop Daily Enterprise)
Posted: March 29th, 2008, 12:45pm CDT
The board which oversees Morehouse General Hospital goes back before the Louisiana Bond Commission today, seeking final approval for its proposal to tap into a federal loan program to fund construction projects and refinance $6 million in existing debt. -
Bad Credit and Home Refinance (Richfield Reaper)
Posted: March 29th, 2008, 10:10am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Cash-strapped Interoil asks Merrill Lynch for refinancing (Market Watch)
Posted: March 29th, 2008, 9:50am CDT
TORONTO (MarketWatch) -- Strapped for cash, Interoil Corp. is negotiating with Merrill Lynch & Co. to refinance a $130 million credit facility to avoid a missing the loan's May 3 repayment due date. In a regulatory filing, the Canadian incorporated energy company with operations in Papua New Guinea, said the company's "existing cash balances and ongoing cash generated from operations will not be ... -
AIDEA approves loan to Tanana Chiefs (Anchorage Daily News)
Posted: March 29th, 2008, 4:53am CDT
The Alaska Industrial Development and Export Authority board has approved participating in a $9.2 million loan to the Tanana Chiefs Conference Inc. of Fairbanks to refinance its debt and obtain money to renovate its commercial buildings. AIDEA, a state agency, will provide $8.28 million. Alaska Pacific Bank brought the loan deal to AIDEA and will provide the other $920,000, AIDEA said. -
Loan officers weigh in on proposed mortgage document changes (East Valley Tribune)
Posted: March 29th, 2008, 3:33am CDT
For Valley loan officers like Kathy Rhubottom, an influx of calls from desperate borrowers stuck in dicey adjustable-rate mortgages has become a daily occurrence. -
How to Determine if it's Time to Refinance (The Bradford Era)
Posted: March 29th, 2008, 1:16am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators? -
Auto Loan Refinance to Reduce Monthly Payments (Richfield Reaper)
Posted: March 28th, 2008, 11:25am CDT
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative. -
States, cities scramble to refinance debt, limit budget damage (Pittsburgh Post-Gazette)
Posted: March 28th, 2008, 8:14am CDT
HARRISBURG -- States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add ... -
Scramble on to refinance debt (The Pueblo Chieftain)
Posted: March 28th, 2008, 5:11am CDT
HARRISBURG, Pa. - States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. The highest-profile fallout so far is the tightening of the student-loan market, including the suspension of new student loans by ... -
Public agencies struggle to refinance debt (Denver Post)
Posted: March 28th, 2008, 1:17am CDT
States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. -
Scrambling To Refinance (Hartford Courant)
Posted: March 27th, 2008, 6:55pm CDT
Municipalities, States, Among Those Facing Higher Interest Rates On Debt States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. -
Country Garden Hires Bank of China to Arrange Loan, People Say (Bloomberg.com)
Posted: March 27th, 2008, 6:51pm CDT
March 28 (Bloomberg) -- Country Garden Holdings Co., the Chinese developer that sold its first convertible bond last month, hired Bank of China Ltd. to arrange a loan, according to two people with direct knowledge of the deal. -
It's a tough time to refinance city projects (Wisconsin State Journal)
Posted: March 27th, 2008, 6:29pm CDT
HARRISBURG, Pa. — States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. The highest-profile fallout so far is the tightening of the student-loan market, including the suspension of new student loans by ... -
States, cities move to refinance debt (MSNBC)
Posted: March 27th, 2008, 1:21pm CDT
States, cities, hospitals and major public agencies are scrambling to refinance debt in the broken market for 'auction rate' securities. -
States, cities scramble to refinance debt, limit budget damages (WFMJ Youngstown)
Posted: March 27th, 2008, 1:01pm CDT
HARRISBURG, Pa. (AP) - States, cities, hospitals and major public agencies are getting battered by wild interest rate swings in one sector of the municipal bond market. They are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. -
States, Cities Move to Refinance Debt (AP via Yahoo! Finance)
Posted: March 27th, 2008, 9:38am CDT
States, cities, hospitals and major public agencies battered by wild interest rate swings in one sector of the municipal bond market are scrambling to refinance the debt as they add up the damages to their budgets and nurse some hard feelings. -
Refinance Your Auto Loan and Ease a Tight Budget (Richfield Reaper)
Posted: March 27th, 2008, 3:47am CDT
(ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from? -
RLPC-Russian X5 completes $1.1 bln syndicated loan (Reuters via Yahoo! Malaysia News)
Posted: March 27th, 2008, 2:10am CDT
LONDON, March 27 - X5 Retail Group , Russia's leading food retailer, said on Thursday it has completed syndication of a $1.1 billion, three-year term loan. -
Rush to refinance nearly doubles mortgage applications (Rocky Mountain News)
Posted: March 26th, 2008, 11:08pm CDT
The number of mortgage applications filed in the U.S. jumped last week as a drop in borrowing costs caused refinancing to almost double. -
Hospital seeks final OK from commission (Bastrop Daily Enterprise)
Posted: March 26th, 2008, 10:30pm CDT
The board which oversees Morehouse General Hospital goes back before the Louisiana Bond Commission today, seeking final approval for its proposal to tap into a federal loan program to fund construction projects and refinance $6 million in existing debt. -
Hospital seeks final OK from commission (Bastrop Daily Enterprise)
Posted: March 26th, 2008, 6:00pm CDT
The board which oversees Morehouse General Hospital goes back before the Louisiana Bond Commission today, seeking final approval for its proposal to tap into a federal loan program to fund construction projects and refinance $6 million in existing debt. -
Is now the time to refinance? (NBC 2 Fort Myers)
Posted: March 26th, 2008, 3:51pm CDT
NBC2 has a consumer alert about an easy way to get cash out of your home. Experts say refinancing is all about timing. Rates fluctuate, but right now the overall trend is toward cheaper loans. We found four ways to tell if it's the right time for you to refinance. -
Mortgage Lender Having Record Success Despite Market Conditions (Marketwire via Yahoo! Finance)
Posted: March 26th, 2008, 1:48pm CDT
Despite the nationwide downturn in the housing market and tightening credit standards for those looking to purchase or refinance a home, Pentagon Federal Credit Union, which offers competitive rates to high-quality borrowers, continues to see growth in mortgage loan volume. -
How to Determine if it's Time to Refinance (Richfield Reaper)
Posted: March 26th, 2008, 8:51am CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators? -
Refinance Your Auto Loan and Ease a Tight Budget (Richfield Reaper)
Posted: March 26th, 2008, 8:50am CDT
(ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from? -
City to refinance bond for garage (The Leaf Chronicle)
Posted: March 26th, 2008, 3:12am CDT
Clarksville City Council voted in a special-session Tuesday to refinance the last five years of a bond issue paying off the Cumberland Plaza parking garage. -
Charter school's loan term OK'd (The Republican)
Posted: March 26th, 2008, 12:39am CDT
SPRINGFIELD - The state Board of Elementary and Secondary Education voted yesterday to let the Holyoke Community Charter School take out an $8.4 million bank loan, although the 15-year term exceeds the school's existing charter, which is up for renewal in about two years. -
Some student-loan firms leaving program (Deseret Morning News)
Posted: March 25th, 2008, 11:24pm CDT
Several student-loan lenders are backing out of the federal program, the result of the credit crunch and government subsidy cuts that have made the business of lending to students increasingly unprofitable. -
Don't Refinance Your Home to Pay Off Credit Card Debt - There's a Better Way (The Bradford Era)
Posted: March 25th, 2008, 1:14am CDT
(ARA) - Ever received one of those offers in the mail that seems like the solution to all your problems? It may have said, "Your home is an untapped resource. Refinance your loan with us and you'll get quick cash to buy a car, fund college or pay off your credit card debt." -
Senate bill offers tax relief to some strapped Calif. homeowners (San Francisco Chronicle)
Posted: March 24th, 2008, 7:34pm CDT
The state Senate has approved a bill to help California homeowners whose lenders have forgiven part of their mortgage debt. The bill would end a requirement that homeowners report that part of the loan that was forgiven as income on their tax returns. -
Hospital seeks final OK from commission (Bastrop Daily Enterprise)
Posted: March 24th, 2008, 2:15pm CDT
The board which oversees Morehouse General Hospital goes back before the Louisiana Bond Commission today, seeking final approval for its proposal to tap into a federal loan program to fund construction projects and refinance $6 million in existing debt. -
Fitch Rates American Tower's $325MM Incremental Term Loan 'BB+' (Centre Daily Times)
Posted: March 24th, 2008, 7:00am CDT
Fitch Ratings has assigned a 'BB+' rating to American Tower Corporation's (AMT) proposed $325 million incremental senior term loan maturing in 2012. Proceeds from the term loan will be used to refinance existing indebtedness under the revolving facility. The Rating Outlook is Stable. -
Fitch Rates American Tower s $325MM Incremental Term Loan BB+ (InfoBolsa)
Posted: March 24th, 2008, 6:51am CDT
24/03/2008 13:46:00 Business Wire US00208J1088 Fitch Ratings has assigned a BB+ rating to American Tower Corporation s (AMT) proposed $325 million incremental senior term loan maturing in 2012. -
Fitch Rates American Tower's $325MM Incremental Term Loan 'BB+' (Business Wire via Yahoo! Finance)
Posted: March 24th, 2008, 6:46am CDT
NEW YORK----Fitch Ratings has assigned a 'BB+' rating to American Tower Corporation's proposed $325 million incremental senior term loan maturing in 2012. Proceeds from the term loan will be used to refinance existing indebtedness under the revolving facility. -
Industry players expect more homeowners to refinance their mortgage loans (Channel NewsAsia)
Posted: March 24th, 2008, 5:18am CDT
SINGAPORE: Industry watchers expect more home owners to consider refinancing their mortgage loans as interest rates look set to dip further. In fact, mortgage and financial planning firm SingCapital has seen a three-fold jump in enquiries in the last two months. -
Industry players expect more homeowners to refinance their mortgage loans (Channel NewsAsia via Yahoo! Singapore News)
Posted: March 24th, 2008, 3:49am CDT
SINGAPORE: Industry watchers expect more home owners to consider refinancing their mortgage loans as interest rates look set to dip further. -
Why it's not too late to refinance (Money via Yahoo! Finance)
Posted: March 24th, 2008, 12:58am CDT
Earlier this year, when mortgage rates dipped below 6% for the first time since 2005, homeowners rushed to refinance costlier loans. In fact, more than six out of 10 mortgage applications so far this year have been for refis. -
Lenders tighten loan requirements (UPI)
Posted: March 23rd, 2008, 7:10pm CDT
U.S. lenders are rejecting credit applications from even those with good credit, a sign the national credit crunch could be worsening, a published report said. -
Refinance Your Auto Loan and Ease a Tight Budget (Richfield Reaper)
Posted: March 23rd, 2008, 3:47am CDT
(ARA) - Living from paycheck to paycheck can be very stressful when unexpected emergency situations happen. You have to squeeze some extra money out of your budget, but where is it going to come from? -
Qualified borrowers face credit squeeze (Boston Globe)
Posted: March 22nd, 2008, 11:27pm CDT
Lenders are rejecting more loan applicants with strong credit scores, the latest indication the nation's credit crunch is deepening and further depressing the housing market and the economy. -
Home mortgage standards getting tougher in Wisconsin (Wisconsin State Journal)
Posted: March 22nd, 2008, 10:46pm CDT
Mounting foreclosures and the subprime mortgage crisis have contributed to a national credit crunch, making it more difficult for borrowers to qualify for a mortgage loan. Standards for home mortgages also are getting tougher in Wisconsin, especially for loans that banks pass on to national mortgage wholesalers. Recent changes in Wisconsin lending standards include: The minimum FICO credit score ... -
Home mortgage standards getting tougher in Wisconsin (Wisconsin State Journal)
Posted: March 22nd, 2008, 8:46pm CDT
Mounting foreclosures and the subprime mortgage crisis have contributed to a national credit crunch, making it more difficult for borrowers to qualify for a mortgage loan. Standards for home mortgages also are getting tougher in Wisconsin, especially for loans that banks pass on to national mortgage wholesalers. Recent changes in Wisconsin lending standards include: • The minimum FICO credit ... -
Student loan group hit with higher interest payments (Billings Gazette)
Posted: March 22nd, 2008, 2:27am CDT
HELENA - The Montana Higher Education Student Assistance Corp. had to pay an estimated $3.48 million more in interest costs over the past five weeks to finance student loans than it would have faced had auction markets functioned normally. -
Banks remain wary of home loan risks (Madera Tribune)
Posted: March 22nd, 2008, 12:22am CDT
WASHINGTON - Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow - even for those with good credit. -
Hospital seeks final OK from commission (Bastrop Daily Enterprise)
Posted: March 21st, 2008, 6:47pm CDT
The board which oversees Morehouse General Hospital goes back before the Louisiana Bond Commission today, seeking final approval for its proposal to tap into a federal loan program to fund construction projects and refinance $6 million in existing debt. -
How to Determine if it's Time to Refinance (Richfield Reaper)
Posted: March 21st, 2008, 3:32pm CDT
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators? -
Ameriana Bank Partners with Federal Home Loan Bank of Indianapolis to offer Funding to Help Homeowners Relieve Threat ... (Centre Daily Times)
Posted: March 21st, 2008, 2:07pm CDT
Jerome J. Gassen, President and Chief Executive of Ameriana Bank, today announced a new mortgage initiative, HomeRetain, to assist families with modifying or refinancing their existing mortgages to more favorable terms and potentially avoid foreclosure. -
Ameriana Bank Partners with Federal Home Loan Bank of Indianapolis to . offer Funding to Help Homeowners Relieve ... (InfoBolsa)
Posted: March 21st, 2008, 2:06pm CDT
offer Funding to Help Homeowners Relieve Threat of Foreclosure 21/03/2008 20:48:00 Business Wire Jerome J. -
Auto Loan Refinance to Reduce Monthly Payments (Richfield Reaper)
Posted: March 21st, 2008, 12:02pm CDT
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative. -
Mortgage industry pulls in reins on loan requirements (Sun-Sentinel)
Posted: March 21st, 2008, 12:21am CDT
Just when consumers and the U.S. economy need banks to lend more freely, the mortgage industry is making it harder to borrow — even for those with good credit. -
Former Loan Officer Spills the Beans at a Homeownership Site Building a Major Readership in Irvine, California (PR.com)
Posted: March 20th, 2008, 3:01pm CDT
A former Loan Officer based out of Irvine, California has been building a place where the truth is told about mortgages and homeownership. Entering the mortgage industry in 2006, John Crenshaw was appalled at the absolute lack of honesty in the industry. Four months in, and after leaving the "chop shop" he started at, he had the idea to create a website where homeowners could find honest, ... -
Sitronics signs loan agreement with Dresdner Bank (Digital Media Europe)
Posted: March 20th, 2008, 12:26pm CDT
The proceeds of the loan will be used to refinance certain current liabilities of Sitronics and also to finance the working capital needs of its subsidiaries. -
Bad Credit and Home Refinance (Richfield Reaper)
Posted: March 20th, 2008, 10:02am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit? -
Breaking News, Expert Group, Inc. Welcomes 3 New Loan Officers as Fed Cut Rate (Marketwire via Yahoo! Finance)
Posted: March 20th, 2008, 5:00am CDT
Expert Group, Inc. is proud to welcome 3 new loan officers to the Expert Family. -
Sitronics raises one-year loan (RosBusinessConsulting)
Posted: March 20th, 2008, 2:06am CDT
RBC, 20.03.2008, Moscow 11:38:16. Sitronics has secured a one-year loan worth $75m from Dresdner Bank AG, Sistema Financial Corporation's high tech affiliate said in a statement today. -
Russia's Sitronics secures $75 mln loan (Reuters via Yahoo! Singapore News)
Posted: March 20th, 2008, 12:26am CDT
MOSCOW, March 20 - Russian high-tech firm Sitronics has signed a $75 million one-year loan agreement to refinance some of its liabilities and finance the working capital needs of its subsidiaries, the company said. -
Russia's Sitronics secures $75 mln loan (Reuters via Yahoo! Malaysia News)
Posted: March 20th, 2008, 12:26am CDT
MOSCOW, March 20 - Russian high-tech firm Sitronics has signed a $75 million one-year loan agreement to refinance some of its liabilities and finance the working capital needs of its subsidiaries, the company said. -
SITRONICS Signs Loan Agreement with Dresdner Bank AG (Centre Daily Times)
Posted: March 20th, 2008, 12:15am CDT
JSC SITRONICS ("SITRONICS" or "The Company") (LSE:SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced that it has signed a US$ 75 million one-year loan agreement with Dresdner Bank AG as Arranger and Agent and Alexandria Capital plc as Original lender. -
SITRONICS Signs Loan Agreement with Dresdner Bank AG (InfoBolsa)
Posted: March 20th, 2008, 12:06am CDT
20/03/2008 07:00:00 Business Wire US46630F2065 JSC SITRONICS ("SITRONICS" or "The Company") (LSE:SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced that it has signed a US$ 75 million one-year loan agreement with Dresdner Bank AG as Arranger and Agent and Alexandria ... -
SITRONICS Signs Loan Agreement with Dresdner Bank AG (Business Wire via Yahoo! Finance)
Posted: March 20th, 2008, 12:00am CDT
MOSCOW, Russia----JSC SITRONICS , a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced that it has signed a US$ 75 million one-year loan agreement with Dresdner Bank AG as Arranger and Agent and Alexandria Capital plc as Original lender.