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Large mall owner risks bankruptcy - Daily News Journal
CHICAGO — General Growth Properties Inc. shares plummeted Tuesday after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The real ...

Bow's struggles loom large over city's psyche - Calgary Herald
The company building the mammoth Bow tower is having trouble borrowing cash for construction. And that's one fearful sign of trouble for downtown Calgary. If the gold-plated companies involved in this deal can't secure financing, who can? The ...

2008 (2665) - Dakota Voice
► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Bankruptcy Looms For Owner Of 2 Area Malls - WLWT 5
CHICAGO -- The owner of two area malls faces bankruptcy, according documents filed earlier this week. General Growth Properties Inc. shares have plummeted after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy ...

Business Notes - Lexington Herald-Leader
Delta to cut 40 flights a dayat Cincinnati airport next year Delta Air Lines plans to cut 12 percent of flights, or about 40 a day, out of the Cincinnati/Northern Kentucky International Airport , as the company restructures its hub, the airline said ...

Ala Moana, Ward Centers owner facing bankruptcy - Honolulu Star-Bulletin
General Growth Properties Inc. , owner of Ala Moana Center and Ward Centers in Hawaii, said yesterday it is facing the possibility of bankruptcy if it fails to refinance or extend nearly $1 billion in debt due next month. The real estate investment ...

State Agencies Get Creative on Student Loans - Inside Higher Ed
As various lenders and some of its peers in other states announced in recent months that they would stop making federal or private loans because of disruptions in the capital markets, the Illinois Student Assistance Commission steadfastly held firm ...

ROTHBURY's future left hanging - MLive.com
Chronicle file photo/Marge Beaver Last July's ROTHBURY festival, the first-year event that drew 40,000 people for four days, faces a deadline next week if there is to be a second festival. Festival organizers have set a deadline for next week to come ...

Credit experts answer your questions - WRAL
I am overloaded with credit card debts and have numerous outstanding doctor/hospital bills that have been turned over to collection agencies and now to a credit bureau. I see no way out, as I had to file bankruptcy in 2004. Would you please suggest ...

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Today's Mortgage Terms starting with N

  • Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
  • Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.

    View all Terms
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