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News about Mortgages:

General Growth gets loan extension - Charlotte Business Journal
General Growth Properties Inc. , owner of Carolina Place mall in Pineville, has received a two-week extension on $900 million in mortgage loans that came due on Friday. The company says it is seeking a longer-term extension. In mid November, General ...

Carolina Place mall owner faces bankruptcy - Charlotte Business Journal
General Growth Properties Inc. , owner of Carolina Place mall in Pineville, says it may seek bankruptcy protection from its creditors as it struggles to refinance debt. Chicago-based General Growth (NYSE:GGP) has $958 million in debt due Dec. 1 and ...

Owner Of Four Seasons Could Declare Bankruptcy - WXII 12
GREENSBORO -- The parent company of Four Seasons Town Centre in Greensboro is considering selling some of its assets and declaring bankruptcy. Shares of stock in General Growth Properties, of Chicago, dropped 70 percent Tuesday after company leaders ...

Four Seasons Town Centre's owner warns of bankruptcy - Greensboro News & Record
General Growth Properties, the owner of Greensboro's Four Seasons Town Centre and the nation's second largest mall owner, warned in a federal filing that bankruptcy is a possibility if it isn't able to extend or refinance hundreds of millions in debt ...

Today's Mortgage Terms starting with V

VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.

Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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