Pollution Authority Asks For Bailout
Consolidate Student Loans Warren County officials met with state Treasury officials Tuesday and once again said the countys trash authority will default on its debt unless the state bails it out.
Buyers forced to wait for mortgages, time buyer confusion for mortgage authority Go for 95%, time buyers to find a mortgage in 2007, rate mortgages
Home Equity Loans During the Tuesday meeting in Trenton, Treasury officials "did not give us a positive response, but we did not get a no, either," said Pollution Control Financing Authority Executive Director John Carlton.
Despite the fact that a few mortgage lenders year fixed rate mortgages, John Charcol believes fixed mortgage rates will be cut next year. "We would strongly advise most homeowners not to chase fixed rates upwards as most now available represent poor value unless the next base rate move is upwards, " Mr Boulger cautions. The mortgage adviser says those looking to find a remortgage should contact John Charcol to find out, free, how much they could save on their current mortgage repayments.
Home Equity Loan Rates The states response is "characteristic" of past discussions between the Treasurers Office and the PCFA, Carlton said.
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Homeowner Loans However, discussions with the state have been more productive since Gov. James E. McGreevey took office in January, PCFA attorney James Broscious said.
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Equity Loan Rates "With the change in administration, it appears theyre very anxious to bring this to a resolution," Broscious said. "I think were finally getting this resolved some time in the near future."
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Student Consolidation Loans The PCFA is attempting to refinance its debt of the landfill in White Township and the incinerator in Oxford Township. The authority makes bond payments biannually.
Second Mortgages A $1.2 million payment on the incinerator is due on June 1.
Federal Consolidation Loan Carlton said the PCFA will be able to make a $408,000 payment on the landfill because the facility brings in enough revenue to cover operating costs and bond payments. Half of the PCFAs $7.5 million annual budget goes toward debt payments.
Equity Loan The PCFA plans to expand the landfill in the near future. Carlton said 24 potential bidders attended a recent meeting and, based on that turnout, he expects the bidding process to be competitive.
Refinancing With Bad Credit Bids are due at 11 a.m. on May 8 and the PCFA will likely award a bid for the construction of a fourth cell at its June 5 meeting, he said. Construction is expected to begin in July and be completed by the end of the year, Carlton said.
Home Equity Line Of Credit The project could cost as much as $7 million.
Federal Consolidation By Katherine Blok
The Express-Times - 5/2/2002
Topic: Solid Waste
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