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General Growth gets loan reprieve - Honolulu Star-Bulletin
WASHINGTON » Troubled shopping mall owner General Growth Properties Inc. , owner of Ala Moana Center and Ward Centers, is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to ...

General Growth gets loan extension - Pacific Business News
General Growth Properties Inc. has received a two-week extension on $900 million in mortgage loans that came due Nov. 28. The company says it is seeking a longer-term extension. In mid-November, General Growth said it might seek bankruptcy protection ...

$32M OK'd for marina - Leaf Chronicle
The council voted last month to pursue the project in three phases. Monday's vote was to essentially fund what the council had already agreed to do. Ward 4 Councilman Wallace Redd, Ward 6 Councilman Marc Harris and Ward 12 Councilman Wayne Harrison ...

PRESS DIGEST-Australian Business News - Dec 4 - CNBC
Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) -- West Australian Newspapers (WAN) has lost half of its board following the sudden ...

General Growth gets loan reprieve on $900M debt - Honolulu Star-Bulletin
General Growth gets loan reprieve on $900M debt The Ala Moana and Ward Centers owner likely will receive a later extension, analysts say By Associated Press POSTED: 01:30 a.m. HST, Dec 02, 2008 WASHINGTON » Shopping-mall owner General ...

General Growth receives 2-week reprieve on loan - Honolulu Advertiser
WASHINGTON — Shopping-mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer-term extensions ...

General Growth Shrinks - Forbes
General Growth Properties appears to be postponing the inevitable: The ailing mall owner announced it received a two-week extension on $900.0 million in mortgage loans to keep bankruptcy at bay. But investors didn’t seem to think the extension ...

General Growth Plays For Time - Forbes
The ailing mall owner announced it had received a two-week extension on $900.0 million in mortgage loans to keep bankruptcy at bay. But investors did not seem to think the extension would help the real estate investment trust dig itself out of its ...

Homeowners say no help from lenders - Contra Costa Times
DAWN AGUIAR sits outside her Fremont home Thursday. She says she tried to work on her mortgage problem, but the lender talked down to me like I was a deadbeat. ( AHBECK/STAFF) Numerous homeowners who have beseeched lenders for help with restructuring ...

Look before you leap when changing loans - News.com.au
WITH interest rates on the way down, many people may be looking at refinancing their home loan, but there are some important things to consider before taking this step. BankSA general manager Chris Ward said people often opted to refinance when there ...

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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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