Latest Cash Out Refinancing news:
Cash-in mortgage refinancings rise: Freddie Mac
The portion of homeowners who brought money to the table for a cash-in refinance in the second quarter tied for the third-highest level since Freddie Mac started tracking refinancing trends in 1985, the housing agency said Wednesday.
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News Source - Market Watch
Publish date - 16:26:02 07/28/10
Cedar Fair completes refinancing of its debt
SANDUSKY Easing a debt load that has preoccupied company officials for months, Cedar Fair announced Thursday it has successfully refinanced a $1.8 billion debt. Cedar Fair officials said the deal puts the company on track to consider resuming cash distributions later this year, when final figures are in for the company's amusement parks. 2. Featured
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News Source - The Sandusky Register
Publish date - 05:03:49 07/30/10
All-Time Low Mortgage Rates: Time To Refinance?
Interest rates keep dipping lower and lower. Find out what it takes to tip the scales toward a refinance.
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News Source - Forbes
Publish date - 13:05:40 07/30/10
Virgin Media's Record Quarter
With revenue and cash flow growing, Virgin plans to return cash to shareholders.
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News Source - The Motley Fool
Publish date - 20:19:52 07/29/10
Hedge Fund Sees Risk in Mortgage Bonds After 28% Gain
Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. mortgage-bond trader Deepak Narula, returned 28 percent in the first half of this year, boosted by government-backed debt that benefits from limited homeowner refinancing.
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News Source - BusinessWeek
Publish date - 21:05:37 07/29/10
McClatchy 2Q earnings plunge but ad slump eases
McClatchy Co.'s second-quarter earnings plunged as the newspaper publisher shouldered higher costs on its debt to buy more time to recover from a bedeviling ad slump.
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News Source - AP via Yahoo! News
Publish date - 21:48:56 07/29/10
Calpine Corp. Reports Second Quarter 2010 Results, Updates and Raises Lower End of 2010 Guidance Range; Closes ...
HOUSTON----Calpine Corporation today reported second quarter 2010 Adjusted EBITDA of $381 million, down $76 million, or 17%, over the prior year period. The company also reported second quarter 2010 Adjusted Free Cash Flow of $117 million, compared to $171 million in the second quarter of 2009.
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News Source - Business Wire via Yahoo! Finance
Publish date - 10:02:18 07/30/10
Calpine Corp. Reports Second Quarter 2010 Results, Updates and Raises Lower End of 2010 Guidance Range; Closes ...
HOUSTON--(BUSINESS WIRE)--Calpine Corporation (NYSE:CPN) today reported second quarter 2010 Adjusted EBITDA of $381 million, down $76 million, or 17%, over the prior year period. The company also reported second quarter 2010 Adjusted Free Cash Flow of $117 million, compared to $171 million in the second quarter of 2009. Net loss1 for the quarter was $115 million, or $0.24 per diluted share ...
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News Source - Business Wire
Publish date - 10:11:37 07/30/10
Eutelsat Communications Reports a Record Full Year 2009-2010 with Revenue and EBITDA Growth Above 11%
- Targets surpassed: - Revenue growth of more than EUR100 million: +11.3% at EUR 1.047 billion - Record profitability: EBITDA[1] at EUR 827.8 million (+11.5%) - Group share of net income: EUR 269.5 million (+9.0%) - Proposed dividend growing by +15% at EUR0.76 per share - Exceptional visibility: backlog at EUR 4.9 billion (+24%) representing 4.7 years of revenues - Solid outlook: - Revenue ...
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News Source - redOrbit
Publish date - 10:22:36 07/30/10
More Homeowners Putting in Cash to Refinance
Second quarter data from Freddie Mac, the mortgage investor, released Wednesday confirms a trend of cash-in refinancings.
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News Source - Wall Street Journal Blogs
Publish date - 21:18:17 07/28/10
Ex-Alabama County Official Sentenced to 10 Years in Sewer-System Bribery
A former Jefferson County, Alabama , commissioner was sentenced to 10 years in prison for accepting bribes from an engineering firm that worked on a $3 billion sewer system that nearly bankrupted the county.
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News Source - Bloomberg
Publish date - 20:38:18 07/29/10
30-year mortgage rates at another low
Fixed U.S. mortgage rates set record lows last week for the sixth straight week, keeping affordability high for borrowers who can get loans, home funding company Freddie Mac said Thursday.
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News Source - Chicago Tribune
Publish date - 22:19:50 07/29/10
Narula's Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain
Now the New York-based firm is seeking to protect against one of the “biggest” risks in the $5.2 trillion market for agency mortgage bonds, Narula wrote in a July 22 letter to investors.
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News Source - Bloomberg
Publish date - 16:22:57 07/29/10
Amy Hoak's Home Economics: A cash-in refinance can cut mortgage costs
Cash-out refinancing gained popularity when home values were rising fast, and homeowners wanted to tap their home equity to put money in their wallet. Today, some borrowers are doing the reverse, bringing cash to the closing table when they refinance their home loan.
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News Source - Market Watch
Publish date - 04:29:18 07/26/10
McClatchy's second-quarter profit declines
The McClatchy Co. reported higher operating profit and an easing of its advertising slump Thursday, but higher interest costs cut into the Sacramento newspaper chain's bottom line.
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News Source - The Sacramento Bee
Publish date - 07:03:27 07/30/10
UPDATE 1-US mortgage rates set new lows a 6th straight week
UPDATE 1-US mortgage rates set new lows a 6th straight week
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News Source - FOX Business
Publish date - 16:16:55 07/29/10
AMR Agrees to Give Evidence Against Other Carriers, Including About Canada
AMR Corp. ’s American Airlines agreed to give evidence against other carriers and pay $5 million to a group of freight shippers to settle a New York class-action lawsuit over its role in a global price-fixing cartel.
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News Source - Bloomberg
Publish date - 12:57:55 07/29/10
