Hints and tips:
...One thing to start: The Phoenix Suns are on track to set a record price for the sale of a National Basketball Association franchise, with mortgage lending billionaire Mat Ishbia nearing a $4bn deal to acquire...
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...The first of these is that most mortgage market people do not believe it is possible to sell Fannie and Freddie mortgage-backed securities without a government “wrap”....
...Bankers Association....
...But what they have in common is that they are not eligible to be bought by Fannie Mae or Freddie Mac, the government-backed mortgage enterprises, or to be insured by the Federal Housing Administration, which...
...the mortgage-backed securities market”....
...One banker working on the deal said it was “the tightest [sovereign pricing] in living memory”; the only other issuer he could think of which has recently achieved a narrower spread over Treasuries is US mortgage...
...However, David Stevens, president and chief executive of the Mortgage Bankers Association, said it was “designed to confuse unsuspecting, innocent taxpayers into supporting a plan that is intended to line...
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
...Shareholders in Fannie Mae and Freddie Mac have two ways to salvage something from their investments in the mortgage insurers....
...On Tuesday, a federal appeals court in Washington ruled to uphold much of the earlier judgment....
...And last year, the Federal Housing Administration cut its mortgage insurance fee so as to save borrowers up to $900 a year....
...The iShares ETF will buy mortgage-backed securities based on a Barclays index, reports Thomas Hale in London....
...“Investors have long memories and remember that mortgage-backed securities blew up in the crisis....
...Besides Mr Buffett and his Berkshire Hathaway group, Mr Ashford’s big backers this year include multinationals such as Deere & Co and Honeywell as well as the National Cattlemen’s Beef Association and other...
...“They’re going to have a hard time meeting the requirements,” said Keith Leggett, a former senior economist at the American Bankers Association....
...(The Atlantic) London skyline 1616 v 2016 Juxtaposed images sketched 400 years apart show the change in the city’s skyline from the banks of the Thames. (The Guardian)...
...In the UK, for example, the Office for National Statistics recently changed its mind over housing association debt, deciding it should be included in sovereign debt calculations....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...A more significant uptick in iPhone security came with 2014’s release of iOS 8, following the revelations by Edward Snowden, the former National Security Agency contractor, about the extent of government...
...But, after the decision from the US Federal Reserve to keep its target overnight rate on hold this month, more lenders are taking their cue from Wells Fargo, the biggest bank in the world by market capitalisation...
...mortgage companies....
...DraftKings retained Boies, Schiller & Flexner, the firm of star trial lawyer David Boies, who has represented the National Football League and the National Basketball Association players’ union, as well...
...Perry, a hedge fund led by founder Richard Perry, and Fairholme, an investment firm led by Bruce Berkowitz, own preferred shares in Fannie and Freddie, which guarantee US mortgages and invest in mortgage-backed...
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