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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...

u.s. mortgage meltdown slams bank of china

bank of china was the most vulnerable of its peers, thanks to the u.s. subprime mortgage crisis.

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...

hurdles persist in uae mortgage market

an increasing number of property buyers are growing frustrated by the delays often associated with securing a mortgage in the uae, as the lack of a developed credit bureau continues to slow down application approvals.

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Settlements This story is from our sister publication, Credit Union Journal CU Figure Nominated To FHLB Oversight Panel

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