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Great Wolf gets more time on mortgage - Cincinnati.comMASON - Great Wolf Resorts Inc. said late Wednesday it has negotiated 30-day extension on the maturity of the $76.8 million mortgage on its indoor water park and lodge here. The loan with GE Capital matured on Nov. 30 and Great Wolf had cautioned it ...
Oxford Leads Mortgage Turn-Around - Market WireHOUSTON, TX--(Marketwire - December 4, 2008) - Every day's headlines announce a new government program or bailout to help homeowners restructure their mortgages and save their homes. Oxford ( PINKSHEETS : OXFD ) has been a leader in this process for ...
FDIC's Bair warns investors fighting loan changes - Miami HeraldWASHINGTON -- Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a "backlash" from Congress, the head of the FDIC said Thursday. Sheila Bair, the chairman of the Federal ...
Fannie Mae, Freddie Mac Mortgage-Bond Yields Tumble (Update2) - BloombergDec. 4 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds fell as Treasury Secretary Henry Paulson considers a plan to push home-loan rates down to 4.5 percent to curb the yearlong U.S. recession. Yields on Washington ...
TREASURIES-Rally on mortgage-related buying, stock slide - ReutersNEW YORK, Dec 4 (Reuters) - U.S. Treasuries prices rallied on Thursday, propelled by hedging as mortgage rates fell and by the continuing flight to the safety of government debt as stocks fell further. The jump in home owners refinancing their ...
Treasuries Gain a Seventh Day as Investors Bet on Lower Rates - BloombergDec. 4 (Bloomberg) -- Treasuries climbed for a seventh day, pushing yields to record lows, as reports showed the recession is deepening and Federal Reserve Chairman Ben S. Bernanke said greater efforts are needed to bolster the housing market. The ...
Home builders' shares soar as mortgage rates plunge - FXStreet.comNEW YORK, Dec 4 (Reuters) - Shares of U.S. home builders rose on Thursday as the beleaguered sector, floundering amid a protracted downturn, extended a six-day rally spurred by the largest drop in interest rates on 30-year fixed-rate mortgages in 27 ...
Mortgage-rate drop may spur home purchases, refinancing - AZCentral.comValley residents waiting for the right time to buy a home or refinance their mortgage received a nice holiday gift from the federal government this week. The Federal Reserve's announcement Tuesday that it would spend $600 billion to buy up mortgage ...
Wrestling with a new career - Louisville Courier-JournalThe people who call Mike Bucci looking for a mortgage can't see his face, but they often know exactly what he looks like. His thick New Jersey accent might help customers remember Bucci as a professional wrestler performing on television before ...
Nationwide follows Halifax lead over rate cut - Belfast TelegraphNationwide tonight followed the lead of its rival Halifax and said it would pass on today's interest rate cut to its tracker mortgage customers in full. The building society's tracker deal contains a so-called collar, stating that once interest rates ...
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