Sumner Mortgage Refinance and Information Online from competing Lenders

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Sumner Redstone begins asset sale to protect empire - Times Online
Sumner Redstone has hastily offloaded his controlling stake in the computer games company behind Mortal Kombat, triggering a loss of about $800 million (£540 million) on years of investment. The move is the first step in a desperate restructuring of ...

Sumner Redstone offers to sell cinema chain to head off banking ... - The Independent
Sumner Redstone, the octogenarian media mogul, has offered to sell the cinema chain that first made him a billionaire, in a desperate bid to hang on to the rest of his television and film empire. With a 19 December deadline looming to refinance $800m ...

SUMNER BUMMER GROWS - New York Post
The credit squeeze continues to tighten on media titan Sumner Redstone and National Amusements, the holding company for his controlling interests in Viacom and CBS. Privately held National Amusements yesterday said that it is in talks with its ...

Redstone sells Midway stake for $100,000 - Boston Globe
PARIS - Sumner Redstone, the owner of CBS Corp. and Viacom Inc. , sold his 87 percent stake in video game maker Midway Games Inc. for $100,000 to help restructure debts that threaten his family business. The sale to private investor Mark Thomas will ...

Redstone Sells Midway Stake to Investor for $100,000 (Correct) - Bloomberg
Dec. 1 (Bloomberg) -- Sumner Redstone , the owner of CBS Corp. and Viacom Inc. , sold his 87 percent stake in video-game maker Midway Games Inc. for $100,000 to help restructure debts that threaten his family business. The sale to private investor ...

Redstone considers theater-chain sale - Cincinnati.com
Sumner Redstone may sell the theater chain owned by his National Amusements Inc. holding company to keep control of CBS Corp. and Viacom Inc., according to a person with knowledge of the discussions. The chain has theaters locally in Kenwood ...

Redstone sells majority stake in Midway Games - Brand Republic
NEW YORK - Sumner Redstone, the US media mogul with investments in MTV and CBS, has sold his controlling stake in the computer games company behind 'Mortal Kombat' for a massive loss loss in order to repay debts. Redstone offloaded his 87.2% stake in ...

Redstone feeds fish as his empire implodes - Guardian Unlimited
Sumner Redstone , the media mogul who famously coined the phrase "content is king", could well achieve another kind of fame very soon as the first major media casualty of the recession. His vast empire - which includes CBS, Viacom , the MTV networks ...

Business Briefs - Charleston Post & Courier
Six Tables in Mount Pleasant was one of two South Carolina restaurants to earn AAA's Four Diamond rating for the first time, it was announced Monday. More than 1,800 hotels and restaurants in North America share the distinction. The other first-time ...

Business digest - Cincinnati.com
McDonald's Corp. will increase the price of its $1 double cheeseburger to $1.19 in December to cover rising costs, ending the sandwich's run as the top-selling item on the six-year-old dollar menu. The world's biggest restaurant company will replace ...

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

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