Multiplex announces $1b debt issue (Sydney Morning Herald)
Multiplex Property Trust has said it was seeking to restructure a significant portion of its bank debt via a $1 billion Commercial Mortgage Backed Securities (CMBS) issue.
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S. KOREAN MORTGAGE LOAN GROWTH DROPS (Asia Pulse via Yahoo! Australia & NZ Finance) Housing The extension of mortgage loans by major South Korean banks grew at their slowest pace in five months in August, as the lenders
Good Debt and Bad Debt Discharge your obligations to all men; pay tax and toll, reverence and respect, to those to whom they are due.read more...
Sometimes investing beats 'burning mortgage' (InsideBayArea) IF YOU SUDDENLY came into $100,000, should you pay off that $100,000 30-year mortgage on your home that carries an interest rate of 5.via
Bank of (Latin) America Bank of America Corp. has begun offering credit cards to customers without Social Security numbers, typically illegal immigrants, the Wall Street Journal reported on Tuesday.Commentread more...
Subprime mortgage bond index drops to record low (Reuters via Yahoo! News) Bids for the main index of subprime mortgage bonds dropped to a record low on Tuesday as concerns of losses at a hedge fund and weak housing suggest a
QUICK LESSON: Avoiding private mortgage insurance (Kansas City Star) Buying a house by making a down payment of less than 20 percent can add an extra $10 to $200 to the monthly bill if you have to obtain private