LOS ANGELES (AP) — Octomom Nadya Suleman's mortgage holder has agreed to a six-month extension on a $450,000 balloon payment, allowing her and her 14 children to remain in their home, her attorney said Wednesday. Suleman's lawyer Jeff Czech said he reached the agreement with...
NEW YORK, Jul 22, 2010 (BUSINESS WIRE) -- Fitch rates Wynn Las Vegas, LLC's $1.32 billion 7.75% first mortgage notes due 2020 'BB+' and has taken the following rating actions for Wynn Resorts, Ltd. and its subsidiaries (collectively, Wynn or the company):...
“Isn’t it time you started to enjoy retirement your way?” asks actor Henry Winkler in the television commercial for a San Diego reverse mortgage company. “It’s a government insured loan that turns your home’s equity into tax-free cash that you can use for anything.”...
FSA chair Lord Turner to tell Future of Finance conference that bank bonuses must be addressed as he signals significant change in approach to regulating loans Lord Turner of the FSA says 'large bank bonuses for selling over-complex and risky products of little real use...
INVESTORS who lost billions on boatloads of faulty mortgage securities have had a hard time holding Wall Street accountable for selling the things in the first place. Related Times Topic: Gretchen Morgenson For the most part, banks have said they can’t be called...
