Digital Realty Trust Inc., San Francisco, has announced an amendment to its credit facility that increases its total capacity from $210 million to $350 million and reduces the applicable margin on advances by 12.5 basis points.The maturity of the facility was extended by one year. The company said it increased the amount of credit available under its foreign currency subfacility from $100 million to $150 million. Citigroup acted as agent for the facility, which is held by a seven-bank syndicate. Digital Realty, a real estate investment trust that owns, acquires, and manages technology-related real estate, can be found online at http://www.digitalrealtytrust.com.
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This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
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The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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