Mortgage and Financial News From 2007-11-11 Page 14
Previous Day: 2007-11-10
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JACKO $AVES NEVERLAND: REP
New York Post - Jackson is in the final stages of refinance and will not lose Neverland Valley Ranch," Raymore Bain said. Earlier this week, a California TV station reported on a notice from Alliance Default Services, which said that as of Oct. 12, Jackson owed $23 ...
2007-11-10 01:42:00 -
Market may affect school district's debt
Bradenton Herald - District administrators plan to refinance about $55.9 million. If the board approves the paperwork Monday, administrators had planned to complete the transaction in two weeks, Drake said. The way the market is now may dampen those plans. "If anything ...
2007-11-10 07:57:00 -
Foreclosures at all-time high
Pocono Record - ... than they are worth on the local market, falsification of sales documents, undisclosed second mortgages hidden from buyers and the primary lenders, and onerous loan terms such as balloon payments and prepayment penalties if buyers try to refinance to ...
2007-11-10 08:54:00 -
City targets underage drinking
Venice Gondolier - The $3.2 million deal would allow the school to refinance its current debt and expand existing facilities. The contract essentially allows the city to authorize the sale of industrial bonds to the bank on behalf of the school without accepting any ...
2007-11-10 09:30:00 -
Document any damage by taking photos, final walk-through
Arlington Heights Daily Herald - I want to refinance my condo, but the mortgage lender said I have to live in it to get the loan. What can I do? The condo is my only home. A. The condo is the only real estate you own. Your home is up north. It's true that mortgage money is becoming ...
2007-11-10 10:06:00 -
BHP considers $40billion sale of petroleum arm
Times Online - This weekend BHP is considering whether to table a hostile, all-paper £81 billion bid for Rio. The company is arranging a $70 billion bank facility through Citi to refinance some of Rio’s debts should a takeover be successful. Some $30 billion of ...
2007-11-10 03:11:00 -
A mortgage not for faint of heart
Charlotte.com - ... that these loans are adjustable-rate products, which means monthly payments are tied to short-term interest rates and can fluctuate from month to month. • Another is that borrowers have immediate access to their equity -- without having to refinance ...
2007-11-10 11:10:00 -
Peter Boutell, Lending a Hand: Let's hear it for the title and escrow ...
Santa Cruz Sentinel - Behind the scenes of each purchase and refinance transaction are the unsung heroes of our real estate market, all of the hard-working employees of the three title companies in Santa Cruz County: Santa Cruz Title, First American Title and Old Republic ...
2007-11-10 11:53:00 -
Meeting roundup
Observer-Reporter - Supervisors agreed to refinance a $850,000 loan with Brentwood Bank for a 15-year term at 4.2 percent interest. The loan was for a 2001 sewer project on McClane Farm Road and was borrowed from Washington County Loan Pool. A winter maintenance plan ...
2007-11-11 12:01:00 -
Board vote brings major savings for PPS
Lansing State Journal - PORTLAND — The Portland Public Schools (PPS) Board of Education saved district taxpayers several thousand dollars last week with one simple vote at its Nov. 1 meeting The board approved a proposal to refinance some of the bonds that the district ...
2007-11-11 12:58:00 -
Vista unveils financing plan for capital projects (North County Times)
VISTA -- The city plans to borrow up to $125 million dollars from investors in the coming weeks to pay for the construction of several civic buildings and to refinance some old debt.
2007-11-10 10:59:08 -
Mortgage refinance – when should you make the next move? (India Daily)
Many homeowners are worried about their mortgage payments. They wonder if it is right time to refinance. The golden rule of refinance is simple. You must be able to push the last payment (maturity) of the loan by at least two years forward without any increase in payments.
2007-11-10 08:56:00 -
Newsday Special Report
Newsday - ... on a number of circumstances, including what they characterized as identity theft, and they had to refinance from a 5.5 percent mortgage ... sales notices from Long Island Profiles Publications Co., Inc., a real estate publishing and information firm in ...
2007-11-09 03:55:00 -
Tapping home equity
Detroit Free Press - ... values mean that even people who are paying their mortgages on time can find it difficult to refinance out of an adjustable-rate mortgage ... For more information on Oakland County's loan program, visit www.oakgov.com/chi or call 888-350-0900, ext ...
2007-11-11 12:01:00 -
New businesses (Asheville Citizen-Times)
Send news of new businesses or business expansions,
2007-11-10 10:26:06