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Low rates fuel York-area frenzy to refinance mortgages
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Bankers are seeing an influx of applications for mortgage refinancing as area homeowners jump to take advantage of record-low interest rates.
 
Panel sheds light on rescue of Wachovia
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Regulators defended their efforts to rescue Wachovia in fall 2008, while newly revealed documents showed concerns about the Charlotte bank's management in the years leading to its near collapse.
 
Sunrise Senior Living to Receive $50 Million from HCP for 27 Management Contracts
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MCLEAN, Va., Aug. 31 /PRNewswire-FirstCall/ -- Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that it has entered into a settlement and restructuring agreement with HCP, Inc. and certain of its affiliates to, among other things, transition Sunrise from management of 27 HCP-owned senior living communities for an aggregate cash payment of $50 million to Sunrise, and to settle the lawsuits ...
 
Kiwanis host annual chili cookoff at Coastal Discovery
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The 26th annual Chili Cookoff will be held from noon to 4 p.m. Oct. 9 at the Coastal Discovery Museum at Honey Horn, rain or shine. Professional and amateur divisions will vie for awards and The Portajohns will provide entertainment. A supervised play area will give youngsters some added fun.
 
84 Lumber closer to refinance goal
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Sunrise Senior Living to Receive $50M from HCP for 27 Management Contracts
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Settles HCP Litigation Enters into 14th Amendment to Credit Facility Extending Maturity Date to Dece...
 
Build America Cutback Threat Makes Pennsylvania Turnpike Raise Borrowings
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Pennsylvania Turnpike Commission , which runs a tollroad stretching from New Jersey to Ohio, is selling $600 million in Build America Bonds today in a bet that Congress will cut or reduce the federally subsidized program.
 
US Homeowners Flock to Florida Event in Desperate Bid to Save Properties
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by Andrew Clark in Palm Beach, Florida In the pre-dawn darkness of a steamy night of sub-tropical rain, a queue of anxious, soggy people snakes around the palm trees outside a cavernous Florida convention centre. Some have erected camp beds or makeshift tents. All clutch sheaves of mortgage documents. read more
 
Houston's Harris County Borrows $205 Million as Sales Lowest in Two Years
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Harris County Flood Control District, which includes Houston, leads issuers this week with states and municipalities poised to borrow $2.5 billion, the least in almost two years.
 
2 banks battling over NASCAR office tower
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Regions Bank wants to foreclose on the NASCAR office tower in uptown Charlotte but claims Wells Fargo is preventing it from doing so, according to documents Regions Bank filed last month.