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Ashford Hospitality Trust Completes $203.4 Million Mortgage Loan Restructuring and Is Well Positioned for Future Maturities
DALLAS, Dec. 12, 2011 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has successfully restructured its $203.4 million mortgage loan and extended the maturity date from December 2011 to March 2014. There is also a one-year extension option subject to the satisfaction of certain conditions.
Mortgage Lender Expands, Brings Job Opportunities
MESA, Ariz., Dec. 27, 2011 /PRNewswire/ -- Wallick & Volk has officially opened its newest branch office in Mesa, AZ, proving once again, that by offering the highest quality mortgage products and services, businesses can thrive even in tough economic times.
At a time when the news is filled with stories of recession and unemployment, Wallick & Volk has set its sights on making a difference. "We aren't going to sit around waiting for the economy to fix itself," says David Heuermann, Vice President of Production. "We have a strategy and the services to help our clients through these difficult times."
That strategy must be working. This privately-held mortgage lender has actually grown over the last few years from 5 branche ...
Regency Square Transferred to the Mortgage Lender
BLOOMFIELD HILLS, Mich., Jan. 5, 2012 /PRNewswire/ -- Taubman Centers, Inc. (NYSE: TCO) today announced the mortgage lender for Regency Square (Richmond, Va.) accepted a deed in lieu of foreclosure on the property.
Flagstar Reports Fourth Quarter and Full Year 2011 Results
TROY, Mich., Jan. 24, 2012 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC) (the "Company"), the holding company for Flagstar Bank, FSB (the "Bank"), today reported a fourth quarter 2011 net loss applicable to common stockholders of $(44.9) million, as compared to a third quarter 2011 net loss of $(14.2) million and a fourth quarter 2010 net loss of $(192.1) million.
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