Your only refinance news source! Click on each item to read full story.   True plans to float B5bn bonds to refinance its debt (Bangkok Post - Thailand's English news) read story True Corp is preparing to float five billion baht worth of bonds in the fourth quarter to help refinance its outstanding debt. Chief financial officer Noppadol Dej-udom said the telecom conglomerate would issue the debt by the end of the year in the local market.   Cox: Countrywide to refinance 9,700 mortgages (WOOD TV 8 Grand Rapids) read story Michigan is among 11 states participating in a settlement in which Bank of America will modify tens of thousands of loans to keep people from losing their homes.   FHA's Role In Homeowners' Rescue Plan Explained (NPR) read story The Hope for Homeowners program to help struggling homeowners refinance their mortgages into more affordable, government-backed loans went into effect Oct. 1. Brian Montgomery, Federal Housing Administration commissioner, says the foreclosure crisis may have had less of an impact if the FHA had been reformed earlier.   (AFX UK Focus) 2008-10-06 08:40 UniCredit has 26 bln euros bonds to refinance in 2009 (Interactive Investor) read story MILAN, Oct 6 (Reuters) - UniCredit has medium- to long-term bonds expiring in 2009 for a total of 26 billion euros, lower than in 2008, Chief Executive Alessandro Profumo told analysts on a conference call on Monday. "The medium- to long-term funding need in '09 is 26 billion euros, lower than we had in 2008," Profumo said. (Reporting by Jo Winterbottom) Keywords: UNICREDIT/BONDS Keywords: ...   (AFX UK Focus) 2008-10-06 08:13 UniCredit has 26 bln euros bonds to refinance in 2009 (Interactive Investor) read story MILAN, Oct 6 (Reuters) - UniCredit has medium- to long-term bonds expiring in 2009 for a total of 26 billion euros, lower than in 2008, Chief Executive Alessandro Profumo told analysts on a conference call on Monday. "The medium- to long-term funding need in '09 is 26 billion euros, lower than we had in 2008," Profumo said. (Reporting by Jo Winterbottom) Keywords: UNICREDIT/BONDS   Countrywide settlement to help 21,000 in Illinois keep homes (Chicago Tribune) read story Illinois, 7 states reach $8.8 billion settlement with mortgage giant Countrywide to refinance homes Illinois, California and at least six other states have reached an $8.8 billion settlement of their lawsuits against Countrywide Financial, the biggest subprime mortgage lender, in a deal that should help some 21,000 Illinois residents keep their homes.   New federal program is supposed to help struggling mortgage borrowers (Lincoln Journal Star) read story The Bush administration last week rolled out a program that aims to help thousands of struggling borrowers refinance into more affordable government-backed mortgages and thus provide some relief for the foreclosure crisis that has contributed to crippling the financial markets.   VEB May Offer Refinance Loans at Libor Plus 5%, Vedomosti Says (Bloomberg) read story Oct. 3 (Bloomberg) -- VEB, Russia's state development bank, will offer refinance loans to Russian companies at an interest rate of at least 5 percentage points over Libor, Vedomosti reported.   Making Strategic Assets Accessible to Investors (The Moscow Times) read story The Russian government has demonstrated its readiness to bolster the financial system with billions of rubles, including plans to refinance outstanding corporate loans to prevent margin call sell-offs of collateralized stocks of major Russian companies.   Conn. treasurer says state's pension fund sound (AP via Yahoo! Finance) read story Connecticut's pension fund portfolio has dropped in value with the recent stock market upheaval, but remains well diversified and no pension benefits are at risk, Connecticut's state treasurer said Monday.