By Grant McCool
Source:(AFX UK Focus) 2008-12-01 19:59 Investors sue Countrywide to force loans purchase (Interactive Investor)
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NEW ORLEANS & DALLAS—-Today the national law firm McGlinchey Stafford PLLC announced a solution to make mortgage loan modifications efficient and seamless for any financial institution facing the prospect of large-scale processing demands.
Source:Turn-Key Mortgage Modification Solution Announced by National Law Firm McGlinchey Stafford PLLC (Business Wire via Yahoo! Finance)
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Great Wolf Resorts, Inc. , North America’s leading family of indoor waterpark resorts, today announced the company remains in discussions with its lenders regarding an extension of the November 30, 2008 maturity date on the company’s $76.8 million non-recourse mortgage loan on its Mason, Ohio resort property.
Source:Great Wolf Resorts, Inc. Provides Update on Status [...]
Dec. 1 (Bloomberg) — Countrywide Financial Corp. , the home lender acquired by Bank of America Corp. , was sued by Greenwich Financial Services Fund over claims an agreement to reduce payments on mortgages by $8.4 billion would hurt investors.
Source:Countrywide Sued by Fund Over $8.4 Billion Loan Deal (Update2) (Bloomberg)
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HONG KONG, Dec 2 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.
Source:(AFX UK Focus) 2008-12-02 01:44 PRESS DIGEST - Hong Kong - Dec 2 (Interactive Investor)
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