
great wolf resorts, inc. closes on williamsburg mortgage loan great wolf resorts, inc. (nasdaq: wolf), north america's leading family of indoor waterpark resorts, today announced that it had closed on a $65 million non-recourse mortgage loan on its Williamsburg, Va. resort property. The new loan matures in 2011, has a one-year extension option, and bears interest at a rate of LIBOR plus 350 basis points, with a minimum rate of 6.25 percent per annum. Upon...
va mortgage loans offered portsmouth and#8212; service credit union is now offering va mortgage loans with up to 100 percent financing. a va loan is a real estate loan that is guaranteed by the veterans administration for veterans and military personnel. va lending expands service...
commercial-mortgage deals get more upgrades than cuts moody's Investor Service said upgrades of U.S. commercial mortgage-backed securities and commercial real-estate collateralized debt obligations outnumbered downgrades in the first half of 2008, a marked contrast to the vast slashings being handed out on securites backed by residential mortgages.
rising us jobless rate may drag prime mortgage borrowers down new york -(dow jones)- the persistent rise in the u.s. unemployment rate is deepening concern that more homeowners will fall behind on their mortgage payments.
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