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Coral Ridge owner warns of bankruptcy - Iowa City Press-Citizen
Shares of General Growth Properties Inc. fell more than 70 percent in trading Tuesday after the company warned late Monday that it might have to seek bankruptcy if it can't refinance a mountain of impending debt. The Chicago-based real estate ...

Jobs Classifieds Real Estate Rentals Autos - Cedar Rapids Gazette
GazetteOnline Home Log In Read The e-Edition Newsletters Text Alerts RSS Feeds Data Central Gazette Store FAQ Page Place a Classifed Ad News Home Log In Read The e-Edition Business Newsletters RSS Feeds Data Central Iowa Caucuses Gazette Store Sports ...

General Growth, owner of 3 Iowa malls, warns of bankruptcy - Iowa City Press-Citizen
Shares of General Growth Properties Inc. have fallen more than 70 percent in trading today after the company warned late Monday that it might have to seek bankruptcy if it can’t refinance a mountain of coming-due debt. The Chicago-based real estate ...

Bankruptcy warning sinks General Growth shares - Des Moines Register
Shares of General Growth Properties Inc. fell more than 64 percent in trading Tuesday after the company warned late Monday that it might have to seek bankruptcy if it can't refinance a mountain of coming-due debt. The Chicago-based real estate ...

Owner of malls, including 3 in Iowa, may face takeover - Des Moines Register
High debt levels and a lousy credit market mean the largest single owner of shopping malls in Iowa will soon face some form of takeover bid, stock market analysts said last week. General Growth Properties Inc., a Chicago-based company that owns three ...

Financial trouble seen for owner of Coral Ridge - Daily Iowan
Stocks plunged 67 percent Tuesday for General Growth Properties, the second largest U.S. mall conglomerate and owner of Coral Ridge Mall, possibly signaling grim tidings for the Coralville shopping metropolis. General Growth said Monday bankruptcy ...

INDUSTRY NEWS & PEOPLE March 2007 - Business Travel Executive
The NBTA Foundation has announced the retirement of four members from its Board of Trustees and the appointment of their successors. The four outgoing Board members are Fay Beauchine, Carlson Companies; Mathias Friess, Virgin Blue; Susan Jacobs, Visa ...

'Muzzled' Biden's Halloween Present: A Press Avail - ABC News Blogs
ABC News' Matthew Jaffe reports: Earlier this week, Republicans claimed that Sen. Joe Biden, D-Del., had been “muzzled” by the Democratic campaign, noting that he had not held a full-fledged press availability with traveling reporters since a ...

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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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