SAN FRANCISCO, July 2 /PRNewswire-USNewswire/ — Home loan servicers and lenders are not working with borrowers who need loan modifications in order to keep their homes. In a third survey of California mortgage counseling agencies servicing Read More

Declining home prices have made it impossible for many homeowners to refinance loans set to adjust. (By Tim Boyle — Bloomberg News) The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer Read More

WASHINGTON (AP) — Mortgage application volume rose 3.6% during the week ended June 27, according to the trade group Mortgage Bankers Association’s weekly application survey. The MBA’s application index rose to 477.7 during the week, bouncing back Read More

24dash

Barratt close to securing rescue refinance deal Contract Journal, UK - Jul 1, 2008 By Roxanne Millar The housebuilder has hired investment bank NM Rothschild and a restructuring team from Deloitte to negotiate with its lenders. … Taylor Wimpey revalues, Barratt to refinance FT Alphaville all 31 news articles

Read More…

Cowboys stadium bonds will cost millions more Fort Worth Star Telegram, TX - 9 hours ago ARLINGTON — The Arlington City Council is expected to approve a plan to refinance $164.2 million of Dallas Cowboys stadium bonds tonight. … Cowboys stadium bonds will be refinanced Fort Worth Star Telegram all 7 news articles

Read More…

SMIC sets borrowing anew to refinance debt TMCnet - 17 hours ago (SMIC) said it would borrow anew to refinance its outstanding debt. In a disclosure to the Philippine Stock Exchange, the holding company of the Sy family …

Read More…

It's Time To Play 'Let's Make A Deal' Newsweek - 7 hours ago ""The smartest way to refinance right now is to take the no-closing-cost loan,'' says J. Paul Reddam, CEO of DiTech Funding Corp. …

Read More…

Bond refinance plan to save Parkways $330000 a month Charleston Gazette,  USA - Jun 30, 2008 "With the 10 percent rate that went into effect about six weeks ago, it's costing us probably $330000 a month," he said. The plan is to refinance the bonds, …

Read More…

Cowboys stadium bonds will cost millions more Fort Worth Star Telegram, TX - 9 hours ago ARLINGTON — The Arlington City Council is expected to approve a plan to refinance $164.2 million of Dallas Cowboys stadium bonds tonight. … Cowboys stadium bonds will be refinanced Fort Worth Star Telegram all 7 news articles

Read More…

Money Management

Allco wins further extension to bridging loan ABC Online, Australia - 23 hours ago Allco's chief executive officer and managing director David Clarke says they are working to refinance the debt facilities. "We are working closely and very … UPDATE 1-Allco gets further extension on its loan Reuters all 60 news articles

Read More…

New York Times

A New Way for Homeowners to Cope Wall Street Journal - Jun 28, 2008 Congress is expected to pass legislation in coming days that could help hundreds of thousands of homeowners refinance into mortgages backed by the Federal … Home help ahead if Senate can agree Detroit Free Press EDITORIAL COMMENTARY Barron’s FHA's role expanded in US mortgage fix United Press International Enterprise News all 29 news articles

Read More…

Helping Responsible Homeowners Across America Congress Must Pass Whitehouse.gov (press release), DC - 4 hours ago FHA also announced a plan that goes into effect later this month to expand the program to help even more families refinance their mortgages. … Mortgage bill may not solve problem DetNews.com Remarks by the President After Roundtable on Housing Counseling MarketWatch all 14 news articles

Read More…

Helping Responsible Homeowners Across America Congress Must Pass Whitehouse.gov (press release), DC - 4 hours ago FHA also announced a plan that goes into effect later this month to expand the program to help even more families refinance their mortgages. … Mortgage bill may not solve problem DetNews.com Remarks by the President After Roundtable on Housing Counseling MarketWatch all 14 news articles

Read More…

Bond refinance plan to save Parkways $330000 a month Charleston Gazette,  USA - 19 hours ago "With the 10 percent rate that went into effect about six weeks ago, it's costing us probably $330000 a month," he said. The plan is to refinance the bonds, …

Read More…

Dump your ARM now — if you can MarketWatch - 52 minutes ago It went like this: "Refinance your adjustable-rate mortgage now, if you can." That's the logical interpretation of the Fed's current position; …

Read More…

Wall Street Journal

Russia's Rosneft Plans Expansion Wall Street Journal - 19 hours ago "I'm absolutely sure that we'll successfully partly refinance (and) partly pay off the part of the debt due in September this year," he said. …

Read More…

SMIC sets borrowing anew to refinance debt TMCnet - 7 hours ago (SMIC) said it would borrow anew to refinance its outstanding debt. In a disclosure to the Philippine Stock Exchange, the holding company of the Sy family …

Read More…

Declining home prices have made it impossible for many homeowners to refinance loans set to adjust. (By Tim Boyle — Bloomberg News) The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer Read More

Fairfax County approved a landmark housing program yesterday to buy foreclosed properties for middle-income families, becoming one of the first communities in the country to tackle the nation’s growing mortgage crisis while also addressing the region Read More

NEW YORK, July 1 (Reuters) - CIT Group Inc said on Tuesday it agreed to sell nearly $10 billion of mortgage assets, in a deal that removes problem loans from the commercial lender’s balance sheet and lifted its shares 14 percent in premarket trading Read More

Fitch Ratings has assigned an ‘A+’ rating to the National Football League’s (NFL, or the league) $500 million of senior unsecured notes due 2024. The debt was issued via private placement. In addition, Fitch affirms the ‘A+’ rating on $635 million in Read More

BABCOCK & Brown Ltd has been freed from a market capitalisation review clause linked to its financing facilities after agreeing to pay down $400 million of debt. The troubled investment firm’s banking syndicate of 25 lenders agreed to waive its right Read More

Fairfax County approved a landmark housing program yesterday to buy foreclosed properties for middle-income families, becoming one of the first communities in the country to tackle the nation’s growing mortgage crisis while also addressing the region Read More

A June 18 editorial (”Senator needs more than clear conscience”) paints a completely inaccurate picture of my mortgages with Countrywide Financial. I never once asked for, expected or was aware of any special favors from Countrywide. Here are the Read More

It was déjà vu all over again. The jitters that plagued the credit markets earlier in the year came back with a vengeance at the end of the second quarter. For a short while, it seemed that the strains of the credit crisis were easing. A variety of Read More

New York Times

As Housing Bill Evolves, Crisis Grows Deeper New York Times, United States - Jun 28, 2008 The bill would let lenders and borrowers refinance troubled mortgages into more affordable 30-year fixed-rate loans that are backed by the government. … Home help ahead if Senate can agree Detroit Free Press EDITORIAL COMMENTARY Barron’s FHA's role expanded in US mortgage fix United Press International all 26 news articles

Read More…

Endesa Chile to refinance bond with $400 mln loan Reuters UK, UK - Jun 24, 2008 N: Quote, Profile, Research), will use a newly acquired syndicated loan of $400 million to refinance a 1998 bond issue maturing in July, the company said on …

Read More…

Acciona to Pay More to Refinance Endesa Buyout Loan, People Say Bloomberg - Jun 24, 2008 By Esteban Duarte June 24 (Bloomberg) — Acciona SA faces higher borrowing costs to extend the maturity on as much as 1.8 billion euros ($2.8 billion) of …

Read More…

Breaking up is hard to do in real estate HeraldNet, WA - 11 hours ago Is there any way of "forcing" a person to refinance a home? I don't want the liability of this home in case something happens there since I am no longer …

Read More…