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General Growth stock closes down 64 percent - Las Vegas SunGeneral Growth Properties Inc. of Chicago, developer of the Summerlin planned community and owner of several Las Vegas shopping malls, said Monday it may seek protection from creditors if it cannot refinance some of its debt. As a result of the ...
Mall owner warns of default - Denver PostAiling mall owner General Growth Properties Inc. warned Monday in a government filing that its failure to refinance or extend $1 billion in debt due this month could trigger default on billions of dollars in debt, and its ability to continue ...
IN BRIEF - Las Vegas Review JournalTwo mortgage real estate investment trusts managed by Vestin Group on Monday reported third-quarter losses, reversing profit for the same period a year ago. Vestin Realty Mortgage II lost $40.1 million, or $2.72 a share, compared with profit of $1.5 ...
goodmortgage.com Creates the Ultimate Workplace Amidst Revitalization ... - dBusinessNews.comCHARLOTTE , N.C. , – goodmortgage.com is re-defining the “necessities” of the workplace in its newly-refurbished home at 3325 South Tryon Street . As it approaches the decade mark as an Internet-based lender, goodmortgage.com continues its ...
You Caused the Financial Crisis Didn't You?!? - Momlogic.com1. Banks lent money (mortgages) to borrowers that were not qualified to purchase homes. Banks didn't worry about these unqualified buyers, because home values were going up up up. 2. These non-qualified borrowers began to default on these loans ...
Ramco-Gershenson Properties Trust Q3 2008 Earnings Call Transcript - Seekingalpha.comGreetings and welcome to the Ramco-Gershenson Property Trust third quarter 2008 earnings conference call. (Operator Instructions). It is now my pleasure to introduce your host, Dawn Hendershot, Director of Investor Relations for Ramco-Gershenson ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
View all Terms