Bing gets loan to keep the Watermark afloat
| Bing gets loan to keep the Watermark afloat - Detroit Free Press The Detroit Economic Development Corp., a quasi-public arm of the city, approved a $700,000 loan Wednesday for the Watermark, the east riverfront condominium project being built by civic and student loan stafford business leader Dave Bing. Like most proposed residential Source: www.freep.com WaMu replaces chief risk officer - Seattle Times Washington Mutual Inc. named a new chief enterprise risk officer Tuesday, as the nation's largest savings and student loan stafford loan struggles with the fallout of the mortgage and student loan stafford credit crises. WaMu said John P. McMurray, formerly its chief credit officer, will Source: seattletimes.nwsource.com ART & THE DEAL - New York Post Seven-year-old SageCrest II, which promised investors lofty returns by making art-, real estate- and student loan stafford structured settlement-based loans, is set to sign a last-minute $150 million cash lifeline this week, which likely marks the beginning of the end of Source: www.nypost.com Lawmakers Take Action In Case of Financial Fallout - WXOW TV-19 ST. PAUL (AP) -- Two bills requiring Northwest Airlines to forfeit airport rent reductions and student loan stafford speed up repayment of a $245 million loan have cleared a Minnesota House panel. The legislation would come into play if Northwest's Eagan headquarters are Source: www.wxow.com SEC Sues Alabama Mayor in Muni Case - Wall Street Journal Birmingham, Ala.'s, mayor was sued by the Securities and student loan stafford Exchange Commission for allegedly accepting more than $156,000 from a friend whose investment-banking firm collected fees on municipal-bond offerings and student loan stafford swap agreements while the mayor oversaw Source: online.wsj.com FHA: That spells 'opportunity' Higher cap makes home loan program - Herald Tribune A new FHA loan limit $106,000 higher than before is making these low-money-down loans a vital new force in Southwest Florida's staggering real estate market, area lenders say. But a separate, much-ballyhooed bump in lending limits -- so Source: www.heraldtribune.com |