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Chapman says this type of product would appeal to home owners who are in the market for a refinancing, for example.
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For a refinancing of your primary residence, you can generally cancel your mortgage application for up to three days after closing, with fees refunded.
C1 Banks Want to Help United Fearing the consequences if United Airlines files for bankruptcy protection, a coalition of banks is crafting a refinancing plan for an estimated $7 billion in leases on United's aircraft.
A few days earlier, however, government regulators extended a refinancing program for homeowners whose properties had plunged in value.
The central bank, based in Frankfurt, has been concerned that a refinancing deal for Ireland would set a precedent that could be followed by other countries that have also bailed out big lenders.
Fearing the consequences if United Airlines files for bankruptcy, a coalition of a dozen leading global banks is devising a refinancing plan for about $7 billion in leases on United's fleet of planes, participants in the group said yesterday.
Retailer Wesfarmers gained nearly 6.0%, to 17.20 Australian dollars ($11.59), on news reports that it was on the verge of clinching a refinancing agreement for 7 billion Australian dollars' ($4.7 billion) worth of debt, according to TradeTheNews.com.
The loan given to Kushner Cos. contributed to a refinancing package for one of its properties in Manhattan.
In my Manhattan condo, the sponsor owns 15 percent, and one owner was turned down for a refinance, apparently for that reason.
A colleague whose home is located in an area affected by Hurricane Sandy thought he had signed the final papers last week for a refinance of his mortgage.
A refinancing raised £150m for the business, which is jointly owned by Guardian Media Group and Apax Partners, and if there are no immediate investment opportunities for Auto Trader, that cash could be shared between the owners as a dividend.
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