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US banks, securities firms face massive refinance bill

US banks, securities firms face massive refinance bill

This is a discussion on US banks, securities firms face massive refinance bill within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; US$871b of bonds will mature through 2009 as yields hover at punitive levels - Business Times - 29 Aug 2008 ...

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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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08-29-2008, 05:42 AM

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US banks, securities firms face massive refinance bill

US$871b of bonds will mature through 2009 as yields hover at punitive levels - Business Times - 29 Aug 2008 (NEW YORK) Merrill Lynch, Wachovia Corp, Lehman Brothers and the rest of the US finance industry are about to find out how ...

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