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General Growth gets 2-week extension on $900 million in loans - Arlington Heights Daily Herald
General Growth Properties Inc., the real-estate investment trust that's considering bankruptcy, got a two-week extension from its lenders on $900 million in mortgage loans. General Growth and the banks are discussing a longer extension to repay the ...

Bad for the store, bad for the mall - Marketplace.publicradio.org
Scott Jagow: Over the weekend, shopping mall owner General Growth Properties avoided bankruptcy -- barely. It got a two-week extension on -- you guessed it -- mortgage loans. More from Nancy Marshall Genzer. Nancy Marshall Genzer: General Growth ...

DEALTALK-BHP advisers watch huge fees slip down the drain - CNBC
By Michael Flaherty and Olesya Dmitracova MUMBAI/LONDON, Nov 25 (Reuters) - Miner Rio Tinto's advisers will gain most from the collapse of BHP's attempt to buy it, but it is a big disappointment for the suitor's investment bankers who stood to reap a ...

BHP advisers watch huge fees slip down the drain - Guardian Unlimited
MUMBAI/LONDON, Nov 25 (Reuters) - Miner Rio Tinto's advisers will gain most from the collapse of BHP's attempt to buy it, but it is a big disappointment for the suitor's investment bankers who stood to reap a pile of extra fees if the deal succeeded ...

UPDATE 2-Metrovacesa to offer HSBC HQ to bank for $1.3 bln - Invertia Chile
MADRID/LONDON, Nov 28 . - Indebted Spanish property company Metrovacesa wants HSBC to buy back a landmark London skyscraper it bought from the bank less than two years ago after failing to refinance debt secured on the asset. At a board meeting last ...

British Testimony: Lap Dances 'Not Sexually Stimulating' - FOX News
The chairman of the British Lap Dancing Association, speaking at a legislative hearing Tuesday, made an odd assertion, given his livelihood — a lap dance is "not sexually stimulating," he said, the Guardian reported. Simon Warr made the seemingly ...

Pub chain on brink as it struggles with €26m debt - Independent
ONE of the country's largest pub chains went into examinership last night after failing to refinance debts of €26m. The Thomas Read Group, which employs 420 people, sought the protection of the High Court yesterday as it looked for more time to ...

Kristi O'Harran - Everett Herald
Above, pictures of grandchildren adorn the wall behind Terry Berger in the Marysville home where she has lived for 10 years. Mark Mulligan / The Herald (click to enlarge) Terry Berger stands in front of the Marysville home where she has lived for 10 ...

Punch plunges after bearish forecast - Financial Times
Punch Taverns slumped after its house broker on Monday said shareholders of the pubs group risked being wiped out. In a sector note, Morgan Stanley analyst Jamie Rollo cut earnings forecasts by an average of 25 per cent to factor in a deep multi-year ...

UAE oil rig firm sees drilling as usual despite crisis - Reuters
By Simon Webb DUBAI, Nov 27 (Reuters) - Oil service stocks have taken a hit as crude prices slump and the economy slows, but UAE-based Lamprell (LAM.L: Quote , Profile , Research , Stock Buzz ) expects no slowdown in drilling plans in the world's top ...

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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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