Refinance Home Mortgage - Westfield Scraps A$700 Million of Sales Amid Subprime (Update2)
Westfield Scraps A$700 Million of Sales Amid Subprime (Update2)
Bloomberg - U.S. home loan defaults have pushed up borrowing costs, triggered the failure of at least 70 U.S. mortgage companies and Centro said last week it may sell some of its A$25 billion of shopping centers as it struggles to refinance A$3.9 billion of
Despite strong economy, Texas seeing impact of mortgage woes
My West Texas - Home prices are continuing to climb in Texas, thereby aiding to a significant degree those planning to sell or refinance. However, like everyone else, Texans are finding it more difficult to get a mortgage and are seeing some slowdown in the
Rams Extends Maturity for A$750 Million of Funding (Update2)
Bloomberg - Dec. 28 (Bloomberg) — Rams Home Loans Group Ltd., the Australian mortgage company that failed to refinance more than A$6 billion ($5.3 billion) in short-term loans this year, today extended the maturity of two of its funding facilities. Rams
Friday, December 28
News.com.au - RAMS extends debt facilities RAMS Home Loans Group has extended $750 million of debt facilities, as it continues to seek ways to refinance its commercial paper obligations after falling victim to the US sub-prime mortgage crisis.