Loan mortgage online refinance
The assets of the nation’s largest savings and loan were seized Thursday by the government and sold to JP Morgan Chase for $1.9 billion dollars. The sale spares the government from having to spend more taxpayer dollars on what would have been a costly bailout.
JPMorgan Chase Buys Washington Mutual (NPR)
The federal government seized Washington Mutual on Thursday in the largest federal bank failure in U.S. history. The assets of the nation’s largest savings and loan were sold to JPMorgan Chase for nearly $2 billion. The deal averts taxpayers receiving a bill for the rescue of another failing institution.
SureWest extends loan terms (Sacramento Business Journal)
SureWest Communications has entered into an amended credit agreement with CoBank ACB, and Union Bank of California to refinance a short-term $30 million loan and extend its maturity date from February 2009 to May 2012.
Crisis puts home loans out of reach (CNN Money)
Wall Street’s meltdown has put the squeeze on all sorts of lending, and home loans are no exception. Now, even some very well-qualified home buyers are getting turned down for mortgages.
Is this the right time to refinance? (Chicago Tribune)
Mortgage rates are down and you’re not going to bother trying to sell your home anytime soon. Should you spend the money to refinance and lower your payments? Can you qualify?
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