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Standard & Poor's cuts rating on Saks - MSN MoneyCentral
NEW YORK (AP) - Standard & Poor's Ratings Services cut its rating for Saks Inc. on Thursday, saying the luxury retailer will likely have a weak fourth quarter as shoppers curtail spending because of the recession. The agency cut its rating on the New ...

Great Wolf still working on Ohio resort mortgage - Wisconsin State Journal
Madison-based Great Wolf Resorts announced that it continues to talk with its lenders about extending the Sunday maturity date on a $76.8 million mortage on its indoor waterpark resort in Mason, Ohio. Until the discussions conclude in a definitive ...

Recent foreclosures filed in Madison County - Telegraph
These are mortgage foreclosure cases filed recently in Madison County Circuit Court. The information shown is the case number, the defendant, property address and date of court filing. Oct. 14 08CH1209: Kevin Alexander, Angela Alexander and Madison ...

Great Wolf Resorts, Inc. Announces 30-Day Extension of Maturity Date ... - Earthtimes
Author : Great Wolf Resorts, Inc. MADISON, Wis. , Dec. 3 /PRNewswire-FirstCall/ -- Great Wolf Resorts, Inc. (Nasdaq: WOLF), North America's leading family of indoor waterpark resorts, today announced that it has negotiated a 30-day extension of the ...

Great Wolf talking with lenders about mortgage extension - Milwaukee Journal Sentinel
Dec. 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 ...

Great Wolf gets extension on Ohio resort - Business Courier
Great Wolf Resorts names head of operations Great Wolf may lose Ohio resort Great Wolf hits wall in Mason mortgage negotiations Great Wolf Lodge in Canada wins award Indoor water park resort owner Great Wolf Resorts Inc. said late Wednesday that it ...

Mason lodge, bank continue talks - Cincinnati.com
The Madison, Wisc.-based company cautioned last month it was having difficulty negotiating an extension of the mortgage despite a $1.5 million positive cash flow and strong bookings in the face of the global credit crunch. Great Wolf said it is ...

Employee of Madison firm killed in Mumbai attacks - Milwaukee Journal Sentinel
Dec. 1, 2008 1:32 p.m. | Madison - One of those killed in last week's terrorist attacks in Mumbai was director of customer relations for Madison-based TomoTherapy Inc. Sam Jeswani of Chicago was killed while traveling in Mumbai on business, according ...

State headlines: Great Wolf scrambles to retain Ohio resort - Biz Times
Madison-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 ...

Fitch Upgrades 1 Class of Morgan Stanley 1997-WF1; Assigns Outlooks - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings has upgraded Morgan Stanley Capital, Inc.'s commercial mortgage pass-through certificates, series 1997-WF1, as follows: --$8.4 million class H to 'AAA' from 'AA-'; Outlook Stable. In addition ...

Today's Mortgage Terms starting with N

Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.

Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.

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