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News about Mortgages:
Real-Estate Slump Thrusts Lenders Into Unfamiliar Roles - Wall Street JournalMezzanine lender Dominion Capital Management LLC didn't anticipate developing shopping centers when it lent $170 million to developer Premier Properties USA Inc. But that is what Dominion is doing since Premier fell into bankruptcy court last spring ...
Premier's collapse ruffles lender - Indianapolis StarDominion, based in Atlanta, foreclosed in April on Premier's 11 shopping centers, including Metropolis in Plainfield, Ind. With them, the lender inherited a pile of problems: anxious first-mortgage holders and millions of dollars in contractors ...
THE IRISH EMIGRANT - Irish EmigrantRecord drug seizure off southwest coast PDs call it a day GardaĆ investigating three suspicious deaths Aer Lingus strike threatened Huge interest in Obama election The US presidential election was the biggest story in the Irish media during the week ...
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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