April 29th, 2008
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JAKARTA, April 30 - Indonesian toll road operator, PT Jasa Marga Tbk , said it has received 1.2 trillion rupiah in loans from local banks to help finance capital spending this year and to refinance debt.
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A Stockton man has admitted using straw buyers to obtain large mortgage loans from a subprime lender to purchase properties in the San Joaquin Valley, federal prosecutors said.
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A Stockton man has admitted using straw buyers to obtain large mortgage loans from a subprime lender to purchase properties in the San Joaquin Valley, federal prosecutors said. Iftikhar Ahmad, 36, pleaded guilty Monday to federal felony fraud charges for...
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Franklin Synergy Bank has been approved by Freddie Mac to sell loans to Freddie Mac and service Freddie Mac-owned loans.
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Countrywide Financial Corp , the largest U.S. mortgage lender, posted a surprisingly large $893.1 million first-quarter loss on Tuesday, taking more than $3 billion of charges for write-downs and bad loans as the housing slump deepens.
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The $3-billion effort has had difficulty obtaining construction financing amid the real estate downturn. The projected finish date for its first phase is now 2012. The developer of the Grand Avenue project in downtown Los Angeles said Monday that completion of the $3-billion redevelopment effort will be delayed until 2012 because of difficulty in obtaining construction loans amid the real ...
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