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General Growth Properties receives loan extension - MSN MoneyCentral
CHICAGO (AP) - Shopping-mall owner General Growth Properties Inc. said late Monday it reached an interim agreement to extend the maturity of $58 million in notes. The agreement extends the maturity of the notes from a subsidiary, The Rouse Company LP ...

Elgin expert warns homeowners of mortgage relief scams - Courier News
ELGIN -- With the national home delinquency rate setting a new record in the second quarter of this year and foreclosures tripling since the housing boom ended in 2005, small wonder that financially strapped homeowners are desperate for financial ...

Italy's Unicredit offers mortgage relief to homeowners in difficulty - Chicago Tribune
MILAN, Italy (AP) _ Italy's largest bank Unicredit said Tuesday it will suspend mortgage payment requirements for 12 months without penalties for homeowners in financial difficulty. Unicredit said 260,000 homeowners whose income was below euro25,000 ...

Mortgage Delinquencies to Double in '09 - Smart Money
NEW YORK (Dow Jones) -- The number of consumers with delinquent mortgages is poised to almost double by the end of next year, hitting its highest level in at least 16 years, according to a leading credit bureau. TransUnion LLC, which analyzed about ...

Owner of S.A. Shopping Centers Works To Avoid Foreclosure - WOAI
The company that owns two major San Antonio shopping centers has avoided foreclosure for at least another two weeks. General Growth Properties has been granted a 2-week extension on it's $900-million mortgage loans. GGP owns North Star Mall and is a ...

Former AIG CEO Greenberg questions government funding, says company ... - Chicago Tribune
CHARLOTTE, N.C. (AP) _ Former American International Group Inc. Chief Executive Maurice Greenberg is questioning the U.S. government's restructuring — and current AIG management's handling — of a bailout plan for the troubled insurer. In letter ...

Big 3 to U.S.: Help! - Courier News
General Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. Mindful of criticism from ...

UPDATE 1-RBC pays $11 mln to settle US mortgage fraud probe - Reuters
NEW YORK, Nov 25 (Reuters) - A Royal Bank of Canada (RY.TO: Quote , Profile , Research , Stock Buzz ) mortgage unit will pay $10.98 million to settle charges it gave the U.S. government false information about borrowers who took out 219 home loans ...

Nation & world business - Detroit Free Press
United Airlines parent UAL Corp., facing losses from bets on future fuel-purchase contracts, will sell as much as $200 million in shares. JPMorgan Chase & Co. and Morgan Stanley & Co. will manage the transaction, Chicago-based UAL said Monday in a U ...

Banker's Idea: 3-to-5 Month 'Time Out' For Mortgages - WBBM
CHICAGO (WBBM/AP) - How would you like to take a break, say for five months,- from paying your mortgage? That was one of the ideas that came up at a congressional field hearing on the economy in Chicago. WBBM's Mike Krauser reports: Ed Wehmer ...

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