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News about Mortgages:
Redstone's firm in refinancing talks - Boston GlobeNEW YORK - Sumner Redstone's National Amusements Inc. is in talks to refinance $1.6 billion in unsecured notes and bank debt because of the stock plunges in CBS Corp. and Viacom Inc. , said a person close to the company. The "precipitous drop ...
Redstone cuts stake in Viacom, CBS by one-fifth - Boston GlobeLOS ANGELES - Sumner Redstone, the billionaire who controls Viacom Inc. and CBS Corp., is selling about one-fifth of his stake in the media companies to meet loan terms at his holding company, National Amusements Inc. The sale plan was disclosed ...
Redstone Won't Sell More Stock; Lender Talks `Smooth' (Update2) - BloombergNov. 13 (Bloomberg) -- Sumner Redstone said he has no plans to sell more stock in Viacom Inc. or CBS Corp., and that talks to restructure debt at his National Amusements Inc. ``are proceeding in a smooth and constructive manner.'' Redstone's closely ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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