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You are here: Refinance Mortgage > Maine refinance mortgage > Somerset
Somerset refinance mortgage news:
General Growth Properties wins loan extension for Las Vegas malls - Newark Star-Ledger
General Growth Properties -- the nation's No. 2 shopping mall operator, with four outlets in New Jersey -- has received a two-week extension on mortgage loans totaling $900 million, as the troubled company works to stave off bankruptcy and negotiate ...
Owner of four New Jersey malls could go bankrupt - Bridgeton News
Drowning in debt, and citing a weak retail and credit market, the owner of four New Jersey malls has hired bankruptcy lawyers and warned it could file for legal protection as it tries to dig itself out of a financial hole. General Growth Properties ...
Darling details £50 billion bank bailout plan - Times Online
Chancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalisation plan with £50 billion of taxpayers' money. He said there ...
Independent HBOS 'could be funded by the Treasury' - Scotsman
THE UK Treasury yesterday indicated for the first time that it may consider injecting funds into an independent HBOS if the bank's proposed merger with Lloyds TSB collapses. The move is a departure from the Treasury's repeated refusal to say what it ...
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Today's Mortgage Terms starting with F
Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac):A semi government agency that acquires conventional loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.Federal Housing Administration (FHA):A federal agency within the Department of Housing and Urban Development (HUD), which insures residential mortgage loans made by private lenders and sets standards for underwriting mortgage loans.Federal National Mortgage Association (FNMA or Fannie Mae):This agency purchases loans that are underwritten to its specific guidelines. These guidelines are an industry standard for residential conventional lending.FHA Loans:Fixed or adjustable-rate loans that are insured by the U.S. Department of Housing and Urban Development. The purpose of FHA loans is to make housing more affordable, especially for first-time homebuyers.First Mortgage:A mortgage which is in first lien, taking priority over all other liens. In case of a foreclosure, the first mortgage will be repaid before any other mortgages.Fixed Rate Loan:Fixed-rate loans have interest rates and payments that are fixed through out the term of the loan.Foreclosure:A legal process in which a mortgaged property may be liquidated to pay off a mortgage loan that is in default.View all Terms |
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General Growth Properties wins loan extension for Las Vegas malls - Newark Star-Ledger
General Growth Properties -- the nation's No. 2 shopping mall operator, with four outlets in New Jersey -- has received a two-week extension on mortgage loans totaling $900 million, as the troubled company works to stave off bankruptcy and negotiate ...
Owner of four New Jersey malls could go bankrupt - Bridgeton News
Drowning in debt, and citing a weak retail and credit market, the owner of four New Jersey malls has hired bankruptcy lawyers and warned it could file for legal protection as it tries to dig itself out of a financial hole. General Growth Properties ...
Darling details £50 billion bank bailout plan - Times Online
Chancellor Alistair Darling today launched a drastic rescue of Britain's high street banks in move designed to head off a cataclysmic failure of confidence by announcing a part-nationalisation plan with £50 billion of taxpayers' money. He said there ...
Independent HBOS 'could be funded by the Treasury' - Scotsman
THE UK Treasury yesterday indicated for the first time that it may consider injecting funds into an independent HBOS if the bank's proposed merger with Lloyds TSB collapses. The move is a departure from the Treasury's repeated refusal to say what it ...
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