Hints and tips:
Related Special Reports
...Life insurers, particularly those linked to private equity groups, have pushed deeper into asset-backed securities in pursuit of investments that are a good match for their long-term liabilities but offer...
...Brussels has raided the offices of a Chinese security equipment supplier, deploying new anti-foreign subsidy powers in a move that will further inflame tensions between the trading superpowers....
...US mortgage lender....
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...Last year you launched a mortgage securities-backed ETF, MTBA, that is supposed to have favourable convexity characteristics. Tell us about that....
...of Vadinar....
...But in the beleaguered subsector of mortgage-backed securities (MBS), seeing just a glimmer of sunshine is about as good as it has got this year....
...When Henry travelled to Kenya in late February to secure the east African country’s leadership of a UN-backed security mission to Haiti, a coalition of gangs launched a series of attacks and prevented the...
...Mortgagor households had the highest annual inflation rate, of 6.3 per cent in December 2023, reflecting rising mortgage interest payments, according to the Office for National Statistics....
...The move to raise $500m in art-backed securities comes at a moment of deep distrust of Drahi in the bond market, however....
...But security guards at both locations said there was no company with that name in those buildings....
...The father of mortgage-backed securities, unsurprisingly, puts his faith in the power of markets. Larry Fink last week released his perennially anticipated shareholder letter....
...This item has been amended since publication to correct the name of the venture capital firm that has backed Perenna and clarify that Liam O’Hara is head of mortgages at First Direct...
...UK rents rose by a record 9 per cent last month, according to the Office for National Statistics....
...The rest of the expiring loans on office properties are funded with commercial mortgaged backed securities (CMBS), a type of bond that typically pays more than government debt or similarly rated corporate...
...“The security of knowing where I am financially over the next five years is more important than the possibility I could pay less in mortgage payments....
...with property lenders or lessors, and 3) corporate ringfencing or securitisation vehicles like special purpose entities, collateralised loan obligations and asset-backed securities....
...The UK government has said that a stake held in Vodafone by a UAE-backed telecoms group is a national security risk and ordered the companies to take steps to mitigate it....
...A further large decline in office property prices could also cause more borrowers to strategically give up on mortgages where the loan exceeds the property value....
...Fitch forecast last week that commercial mortgage-backed securities delinquencies in the US would increase from 3.3 per cent to 8.1 per cent in 2024, as refinancing challenges result in defaults....
...House prices in London have underperformed the rest of the UK for the past eight years because of the unaffordable costs of property, post-pandemic housing trends and high mortgage rates....
...US hedge fund Citadel and its sister firm market maker Citadel Securities have agreed a big expansion of their London office footprint, with a deal to take 250,000 sq ft at British Land’s new flagship City...
...However, funding has also come from private lenders and the commercial mortgage-backed securities sector, often bundled into collateralised loan obligations....
...Although government figures cautioned no final decision had been made, they said the new Treasury-backed mortgage scheme was likely to be in the chancellor’s March 6 Budget....
...(In terms of terrorism across the UK, it is a different picture: statistics for Northern Ireland are collected by the Northern Ireland Office, not the Home Office, in a way that makes comparisons less easy...
International Edition