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State headlines: Great Wolf scrambles to retain Ohio resort - Biz TimesMadison-based Great Wolf Resorts announced that it continues to talk with its lenders about extending the maturity date on a $76.8 million mortgage on its indoor waterpark resort in Mason, Ohio. Great Wolf could lose the 2-year-old Ohio resort, which ...
Great Wolf talking with lenders about mortgage extension - Milwaukee Journal SentinelDec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...
CITY OF LOCKPORT: Victorian Village lender moving to foreclose - Lockport Union-SunA mortgage holder on the failed Victorian Village condominium development is calling in his marker. A notice of a pending suit filed with the Niagara County Clerk’s office Nov. 12 reports Graham O. Jones loaned $500,000 to Lockport Condominium ...
COURTS: Judge: Lender should have first dibs in condo foreclosure sale - Lockport Union-SunAn existing order by a state Supreme Court justice says the mortgage-holder on Victorian Village condominiums should have first dibs on the proceeds of any foreclosure sale. State Supreme Court Justice Ralph A. Boniello III already ruled that Graham ...
Shoppers increasingly using cash instead of credit - Dallas Morning NewsCash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough economy, the answer is increasingly the old-fashioned one. Retailers such as Wal-Mart Stores Inc ...
Asia Markets Brief - ForbesAsian stocks plunged deeper into the red Tuesday, as confirmation of a U.S. recession and further falls in commodity prices dealt blows to exporters and oil producers. Financials also slid on some re-emerging signs of heightened borrowing costs. The ...
Kill the competition: Deserting Tesco ... Recession official ... - Times OnlineThe Times : Tesco's customers are defecting to its supermarket rivals Asda and Morrison at record rates, suggesting its discount-focused marketing backfired. New York Times : The National Bureau of Economic Research officially declared the US went ...
BC-UT--Economy-Court Filings,1st Ld-Writethru/338 - Daily HeraldSALT LAKE CITY -- The lagging economy appears to be driving up civil court filings in Utah. Mortgage foreclosures and liens were up 111 percent between July and October compared to the same period last year. A court analysis also indicates that the ...
US sports history on display at new L.A. museum - Monterey County HeraldLOS ANGELES—When Gary Cypres' sports memorabilia collection reached 10,000 pieces and threatened to overflow their house, his wife told him to get it out. The man who made his money in the finance, mortgage and travel agency businesses did just ...
Court cases surge as Utahns cope with economic woes - Salt Lake TribuneA bad economy historically means more business for the courts. "If you go back over the last 15-20 years, whenever there's a downturn ... you generally see an increase in civil filings," said state Courts Administrator Daniel Becker. Sure enough ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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