Mortgage and Financial News From 2009-7-4 Page 01
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Yell to refinance debt - Reuters UK
LONDON (Reuters) - Yellow-pages company Yell ( YELL.L ) said it on Tuesday it had started a refinancing process, involving extending the maturity and terms of its debt facilities. The highly-leveraged company, which took a 1.3 billion pound writedown ...
2009-06-30 01:57:00 -
Mortgage Applications Fall Last week, Refinance Tumble - HispanicBusiness.com
The Mortgage Bankers Association reported Wednesday that its index for total U.S. mortgage applications fell 18.9% for the week ended June 26. Refinance applications fell 30% during the period. Meanwhile, the cost to borrow ticked lower by 0.10% to a ...
2009-07-01 09:48:00 -
Refinance Rules Expanding to 125% Loan-to-Value - CNBC
Homeowners refinancing their mortgages through loans backed by government agencies will be able to borrow up to 125 percent of their homes' value under new regulations enacted Wednesday. The rule changes, part of the government's attempts to restore ...
2009-07-01 02:56:00 -
Refinancing rules eased further at Fannie, Freddie - Boston Globe
Shaun Donovan, secretary of Housing and Urban Development, made the announcement in a statement yesterday. Currently Fannie Mae or Freddie Mac, through President Obama’s Home Affordable program, can refinance mortgages they own or guarantee when ...
2009-07-02 02:12:00 -
Lafarge may unveil new cement sales goal July 31-CEO - Reuters
Lafarge may unveil new cement sales goal July 31-CEOReutersLafont also said Lafarge would use the proceeds of a recent 750 million euro bond [ID:nLF421922] to refinance its debt -- which surged 94 percent year on ...and more »
2009-07-04 08:23:05 -
Beaudry RV buys time in reorg plan - Arizona Daily Star
Beaudry RV buys time in reorg planArizona Daily StarBeaudry RV was unable to pay the balance or refinance the debt amid tight credit markets. Under the reorganization plan, Beaudry RV will have 3 1/2 years to ...and more »
2009-07-04 09:50:47 -
Assocham suggests three-pronged strategy to contain fiscal deficit - Hindu
HinduAssocham suggests three-pronged strategy to contain fiscal deficitHinduBesides, it has also demanded extension of special refinance facilities and term repo facility and increased limit for export credit refinance for banks up ...and more »
2009-07-04 03:05:06 -
Dash for cash ends in trash - Times Online
Dash for cash ends in trashTimes OnlineGiven its expansion plans will not enhance earnings in the short term — and nor does it need to refinance its debts — some shareholders will try to vote ...and more »
2009-07-04 03:32:57 -
Ladbrokes to repay £351m bond and boost share price - Telegraph.co.uk
Ladbrokes to repay £351m bond and boost share priceTelegraph.co.uk... with a hefty 7.1pc interest charge due in 2012. This month's bond re-payment will, however, give the group time to refinance its re-packaged debt burden.and more »
2009-07-04 04:27:58 -
Price of bad decisions - Press-Enterprise
Price of bad decisionsPress-EnterpriseQ: We're in a position to refinance at a lower interest rate, and we need a new roof. You usually advise against treating your equity like an ATM, ...and more »
2009-07-04 07:36:35 -
Not Much Relief - New York Times Blogs
Not Much ReliefNew York Times BlogsThe borrowers most in need of help, however, are those who are in imminent danger of foreclosure and who cannot refinance, generally because they owe far ...and more »
2009-07-04 08:16:52 -
Green Shoots and Greenbacks - Lew Rockwell
Green Shoots and GreenbacksLew RockwellAnd that seems to have brought down mortgage rates significantly. It allows people to refinance. To get out of high rate mortgages. ...and more »
2009-07-03 09:43:10 -
Mortgage refinancing - WHDH-TV
Mortgage refinancingWHDH-TVMortgage rates may be on the rise again, so now is the time to decide if should you refinance? "The more you owe, the easier it is to make some real savings ...and more »
2009-07-03 10:29:09 -
30-Year Rates Dip to 5.32 Percent - Washington Post
30-Year Rates Dip to 5.32 PercentWashington PostUS mortgage applications fell last week by the most since February. The Mortgage Bankers Association's index of applications to purchase a home or refinance ...and more »
2009-07-03 11:16:00 -
New refi rules should help in Ariz. - Arizona Republic
New refi rules should help in Ariz.Arizona RepublicIn February, the Beetses tried to refinance their adjustable-rate mortgage to a fixed-rate loan under HARP. The required appraisal came back at $155000, ...and more »
2009-07-04 02:37:50