Latest Refinance news:

New bid to refinance debt
DUBAI: Sabic wants to refinance part of debt used for its $11 billion purchase of plastics manufacturer GE Plastics, it was reported yesterday.
Read more News Source - Gulf Daily News
Publish date - 22:05:26 07/19/08

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POSCO says to sell $463 mln bonds to refinance debt
SEOUL, July 18 (Reuters) - South Korea's POSCO <005490.KS>, the world's No.4 steelmaker, said on Friday it would issue 468.8 billion won ($463.2 million) in overseas debt to refinance maturing exchangeable bonds.
Read more News Source - Reuters via Yahoo! Malaysia News
Publish date - 08:55:09 07/18/08

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Motorcycle museum goes whole hog
A banker held beloved motorcycle-maker Harley-Davidson's fate in 1984. He could agree to refinance the $90 million loan that executives took out a few years before to buy the company back from American Machine and Foundry Co., or make them declare bankruptcy. The banker let the company refinance - at the last minute - preserving Harley's folklore for decades to come.
Read more News Source - The Myrtle Beach Sun News
Publish date - 05:15:50 07/20/08

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Rosneft Agrees to Borrow $2.85 Billion From Banks to Refinance
July 17 (Bloomberg) -- OAO Rosneft , Russia's biggest oil producer, has agreed to borrow $2.85 billion from banks to refinance its debt, a banker involved in the deal said.
Read more News Source - Bloomberg.com
Publish date - 05:43:17 07/17/08

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Bengal co-op bank seeks refinance
With a good monsoon expected to push up demand for crop loans by over 50% this kharif over the same period of 2007, the West Bengal State Co-operative Bank is looking for refinancing from the Centre as its funds have been depleted by the loan waiver scheme.
Read more News Source - Express India
Publish date - 20:46:38 07/19/08

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Homeowners at risk
Mortgage-rescue scams target people about to lose homes to foreclosure For people about to lose their homes to foreclosure, the advertisements are like a lifeline: "WE BUY HOUSES FOR CA$H," or "Refinance Your Mortgage! And Receive a 7 Day Vacation."These so-called mortgage-rescue companies promise that for fees of about $1,000 to $2,500, they can negotiate loans with providers to get owners ...
Read more News Source - Albany Times Union
Publish date - 07:16:46 07/20/08

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Harley opens museum in Milwaukee
Milwaukee - A banker held beloved motorcycle-maker Harley-Davidson's fate in 1984. He could agree to refinance the $90 million loan that executives took out a
Read more News Source - New London Day
Publish date - 10:37:32 07/19/08

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Mobile moves forward with bond issue
Mobile City Council members gave Mayor Sam Jones' administration approval Friday to move forward with $97 million in bond issues to refinance debt and pay for new projects.
Read more News Source - Mobile Press-Register
Publish date - 09:23:17 07/19/08

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The Root: Homewreckers
"More than half of all black borrowers who got refinance mortgages in 2006 were sold subprime products. According to a recent study, black and Latino borrowers will collectively lose an estimated $164 billion to $213 billion in the wave of foreclosures that have followed that lending; we'll have absorbed about half the nation's overall foreclosure loss.
Read more News Source - Washington Post
Publish date - 23:23:53 07/19/08

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A refi lifeline, with strings
The government's condition-laden plan to aid at-risk borrowers makes it clear: This won't be a free ride. WASHINGTON -- After six months of haggling and political gamesmanship, a massive housing-relief bill is heading for final approval.
Read more News Source - Los Angeles Times
Publish date - 07:15:32 07/20/08

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Bush Says Congress Stands in Way of `Vast' Offshore Oil Supply
July 19 (Bloomberg) -- President George W. Bush intensified pressure on Congressional Democrats to end an offshore drilling moratorium, saying lawmakers have closed off ``vast'' oil reserves that could be tapped to lower record gasoline prices.
Read more News Source - Bloomberg via Yahoo! News
Publish date - 17:36:39 07/19/08

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Producer goes from the Roots to the pits
MIAMI -- Just a few years ago, Scott Storch was one of the top producers in pop music, living in a $10.5-million mansion on an exclusive Miami island, driving a phalanx of luxury cars and dating the likes of Paris Hilton and Lil Kim.
Read more News Source - Detroit Free Press
Publish date - 07:18:30 07/20/08

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Pike refinance push spurs demands for alternatives
State officials struggled to find alternatives to Gov. Deval Patrick's administration plan to bail the Massachusetts Turnpike Authority out of further debt yesterday...
Read more News Source - Boston Herald
Publish date - 04:17:00 07/18/08

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With the loan bar higher, the rules are different now
During the height of the real estate boom, it was not only possible to buy a home with little cash and less-than-ideal credit, but with soaring real estate prices, it was easy to refinance as well.
Read more News Source - Miami Herald
Publish date - 20:33:38 07/18/08

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Still lots of questions surrounding housing-relief bill
After six months of haggling and political gamesmanship, a massive housing-relief bill is heading for final approval. Though it has hundreds...
Read more News Source - Seattle Times
Publish date - 07:32:00 07/20/08

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