Mortgage and Financial News From 2008-1-17 Page 41

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  • Mortgage mess impacting commercial real estate lending - BloggingStocks

    Mortgage mess impacting commercial real estate lendingBloggingStocks - 4 hours agoNew York developer Harry Macklowe, who bought office buildings at the top of the commercial real estate market, can't refinance $7 billion in debt that's ...
    2008-01-17 07:50:20
  • Newton's Metcalfe Dodges Subprime Crash, Prepares for Slowdown - Bloomberg

    Newton's Metcalfe Dodges Subprime Crash, Prepares for SlowdownBloomberg - 3 hours ago``If you can refinance, it will be expensive,'' Metcalfe said. He declined to identify companies he sold because of their debt levels. ...
    2008-01-17 08:28:37
  • Fitch Downgrades Health Management Associates IDR to 'B+'; Outlook ... - Business Wire (press release)

    Fitch Downgrades Health Management Associates IDR to 'B+'; Outlook ...Business Wire (press release), CA - 2 hours agoFitch expects HMA will need to refinance the obligation or make a concession to the noteholders similar to the incremental put payment of 2.875% per annum ...
    2008-01-17 09:12:00
  • American Capital Commits $150 Million to Portfolio Company First ... - CNNMoney.com

    American Capital Commits $150 Million to Portfolio Company First ...CNNMoney.com - 2 hours agoAmerican Capital assisted in the refinance or syndication of approximately $2 billion of senior debt for its portfolio companies in 2007 and approximately ...
    2008-01-17 09:31:59
  • Eichner's Las Vegas Resort Receives Notice of Default (Update1) - Bloomberg

    Eichner's Las Vegas Resort Receives Notice of Default (Update1)Bloomberg - 2 hours ago... and Harry Macklowe, the New York office landlord, may sell or refinance the General Motors Building in Manhattan to meet a loan commitment. ...
    2008-01-17 09:42:15
  • Understanding Points in Home Mortgages - Best Syndication

    Understanding Points in Home MortgagesBest Syndication, CA - 2 hours ago... even if the seller pays for them. Points are deductible fully in the year they are paid for a new purchase, and over the life of a loan for a refinance.
    2008-01-17 09:46:23
  • Stumping for wife, Bill Clinton says mortgage crisis needs fix - Tri-Valley Herald

    Stumping for wife, Bill Clinton says mortgage crisis needs fixTri-Valley Herald, CA - 1 hour ago... creating a $30 billion Emergency Housing Crisis Fund to support states and cities in helping embattled residents refinance their homes with affordable ...
    2008-01-17 10:04:46
  • Ficano: State can help Cobo by refinancing $150M in debt - DetNews.com

    Ficano: State can help Cobo by refinancing $150M in debtDetNews.com, MI - 1 hour agoAs part of the plan, the state would restructure and refinance $150 million of debt that Wayne County and Detroit hold on the center. Gov. ...
    2008-01-17 10:14:55
  • Money matters should be in order before searching for home - San Luis Obispo Tribune

    Money matters should be in order before searching for homeSan Luis Obispo Tribune, CA - 1 hour agoThose who chose the opposite in the past several years are largely the homeowners now scrambling to refinance, sell or stave off foreclosure in this slow ...
    2008-01-17 10:50:25
  • Rate Freeze To Cool Mortgage Meltdown - Forbes

    Rate Freeze To Cool Mortgage MeltdownForbes, NY - 13 minutes agoThis freeze would also allow borrowers an opportunity to refinance their mortgages at a lower rate with a traditional 80% equity loan, assuming there is ...
    2008-01-17 11:46:43
  • Escape route opens up for Hicks - Ireland Online

    Escape route opens up for HicksIreland Online, Ireland - 7 minutes agoHicks and Gillett have to reach an agreement with the Royal Bank of Scotland within six weeks to refinance the loan they took out to buy the club in the ...
    2008-01-17 11:52:41
  • Rates on 30-year fixed mortgages hit 30-month low - MarketWatch

    Rates on 30-year fixed mortgages hit 30-month lowMarketWatch - 6 minutes agoThe 15-year fixed-rate mortgage, a popular refinance option, averaged 5.21%, down from last week's 5.43%. The 15-year's average rate stood at 5.98% a year ...
    2008-01-17 11:53:56
  • American Capital Commits $150 Million to Portfolio Company First Capital to Support Growth (PR Newswire via Yahoo! Finance)

    American Capital Strategies Ltd. announced today that in the fourth quarter of 2007, it provided a $150 million commitment of senior subordinated debt financing to support the growth of its portfolio company First Capital, a leading provider of secured, working capital financing for middle market companies.
    2008-01-17 09:26:00
  • All The News (Football365)

    Liverpool co-owner Tom Hicks could be on the brink of being offered a way out of the troubled club.
    2008-01-17 10:14:57
  • Schools may see summer construction (Northwest Herald)

    CARPENTERSVILLE – By paying off its building bonds for a few years longer than anticipated, District 300 could start construction this summer on additions to four schools.
    2008-01-17 10:21:21