Hints and tips:
...One big London office landlord said the cost of debt to fund a new development project had risen from 8 per cent to 14 per cent in the past two months....
...in 2007 and banks had capacity to offer “forbearance” to customers in distress....
...It was one of those events seared on the corporate memory, just as the financial crisis of 2007-8 would be for subsequent generations....
...Company executives agree that repeated wage hikes will be needed for the impact to filter through broader society....
...James Smith, ING: We think the economy will stagnate through at least the first half of 2024, as improved real wage growth is offset by the further pass-through of higher mortgage rates....
...This high cost base is enabled by the defining characteristic of their businesses: the “pass-through” expenses model, where instead of an annual management fee the manager passes on all costs to their end...
...Five unmissable stories this week Baillie Gifford’s flagship Scottish Mortgage Investment Trust asked one of its non-executive directors to resign at a board meeting on Thursday, following what he said...
...As Kelleher took over, the subprime mortgage crisis was just beginning to rip through the US economy....
...We trust the person who’s in front of us. It’s about the trust that goes back to when we were living in small communities, hunting-gathering communities....
...The US is different because it is a net exporter of oil and natural gas; and (c) the structure of the housing and mortgage market in the UK is such that the pass-through from higher interest rates to household...
...A popular way for retail investors to access alternatives is through listed UK investment trusts, which hold their assets within a listed company....
...Mortgage borrowing in March hit the highest level since the Bank of England began collecting the data in 1993, while average house prices in the Office for National Statistics index jumped 8.6 per cent over...
...Finally, reduced payments will hit investors that ultimately finance the properties through the commercial mortgage-backed securities market, where property loans are bundled together to back payments on...
...By 2007 if you were breathing you could get a loan.”...
...But what about those who never manage to buy a home, or lose their status as a homeowner through divorce?...
...Outside London, buyers are in a better position to pass affordability tests — a differential not present in previous cycles, when mortgages were far easier to obtain even at the highest ratios of loan to...
...Bronwyn Curtis, chair at JPMorgan Asian Investment Trust: No....
...Whatever we conclude, there is no shortage of ways to buy into these world-shaping trends, whether through forward-thinking trusts such as Scottish Mortgage, exciting companies such as Alphabet or Alibaba...
...If it wins, the party is planning to enhance the existing register of trusts to include all UK trusts and to make it accessible to the public....
...That deal relied on an innovative commercial mortgage-backed securities structure that provided almost $7bn of cash....
...My husband was surprised that my holding achieved only a 1.25 per cent return last year compared to 5.8 per cent in 2007....
...Not so in the globalised financial markets of 2007, where the Paces’ mortgage found its way into Wall Street’s huge securitisation machine....
...In addition, the same uncertainties are likely to reduce the value of sterling, which will pass through into higher final consumption prices during 2020 and reduce the extent to which earnings are rising...
...He had defaulted on the mortgage on his Neverland ranch in California, a country-style house with its own zoo, and no bank would help....
...Looking back a decade, as many have recently, you'd be forgiven for thinking the worst asset to own was a US investment bank or mortgage originator....
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