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General Growth, owner of Tucson malls, holds off bankruptcy for now - Arizona Daily StarThe national company that owns the Tucson Mall and Park Place mall has got a reprieve in its effort to stave off bankruptcy. General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due ...
Feds arrest Birmingham mayor on bribery charges - Island Packet OnlineBIRMINGHAM, Ala. — The mayor of Alabama's largest city, Larry Langford, was arrested Monday on federal bribery and fraud charges connected to a multibillion-dollar sewer bond deal that has driven the surrounding county to the brink of bankruptcy ...
DR Horton swings to $800 million loss - Island Packet OnlinePhoto: In this Feb. 2, 2008 file photo, a D.R. Horton home builder sign in a new development in seen Frisco, Texas. The Fort Worth, Texas-based home builder on Tuesday, Nov. 25, 2008 reported a nearly $800 million loss in its fiscal fourth quarter on ...
Kirk 'envious' of New Bedford Marriott deal Other city's challenges ... - Gloucester Daily TimesMayor Carolyn Kirk says she's "envious" of her counterpart, New Bedford Mayor Scott Lang. Lang landed a Marriott hotel on the New Bedford waterfront through an agreement announced last week. The developer, the Lafrance Hospitality Co. of Westport ...
Homeowners hope to sell, skip Ike repairs - Galveston County Daily NewsGALVESTON — Randy McCoy had made only two mortgage payments on his house in the 100 block of Marlin Avenue when Hurricane Ike filled it with 5 feet of floodwater. He had just finished a remodeling project and was looking forward to enjoying a break ...
Sinking economy not bad news for all Rhode Island companies - Providence JournalChris Broadmeadow, a tow-truck driver for Preferred Recovery and Towing, reads a list of repossession addresses with his boss, business owner Mark Labbe, right. Business has been so brisk for the company that it just added another truck to its fleet ...
Islamic finance sector needs more sharia scholars - ArabianBusiness.comAs the world financial industry sheds jobs by the tens of thousands, the $1 trillion Islamic banking sector has a growing load of work for sharia scholars but few candidates coming forward to do it. Experts steeped in the Muslim scriptures are ...
October construction spending drops 1.2 percent - WJLAMeanwhile, the Institute for Supply Management said its gauge of manufacturing activity fell to a reading of 36.2 in November, a 26-year low. That was a steeper-than-expected drop from the October reading of 38.9 and underscored that the hard ...
Construction spending falls by larger than expected amount as building ... - Allentown Morning CallWASHINGTON (AP) _ Construction spending fell by a larger-than-expected amount in October, another indication that problems facing the builders of homes, hotels and other projects are deepening and likely to persist. The Commerce Department reported ...
Should Mets Play at Citi/Taxpayer Field? - Wall Street JournalStaten Island Republicans Vincent Ignizio and James Oddo , who sit on New York’s City Council, are suggesting a name change for the Mets new ballpark . The two politicians say that in light of the government bailout of Citigroup , the ballpark’s ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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