Hints and tips:
Related Special Reports
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...This suggests the UK capital is regaining its appeal to homebuyers, boosted by an increasing return to in-person work....
...These debts include mortgages and loans for cars, rental equipment and yachts....
...The story carried a disclosure that Hunterbrook Capital had placed a short position on UWM before publication, and a long position on Rocket Mortgage, UWM’s main rival....
...Such groups might have the benefit of a trailing wind from policymakers: Labour aims to double the size of the UK’s co-operative and mutual financial services sector, according to its financial services...
...Some quoted mortgage rates have edged up since February because of sticky services inflation, a move reflected in the month-on-month drop registered by Nationwide in March....
...Sticky services inflation and strong wage growth data in February, however, led to some readjustment of interest rate expectations in the markets, prompting some mortgage lenders to push up borrowing costs...
...Imogen Pattison, economist at Capital Economics, said price gains will only slow in the near term....
...They function as a place for depositors to safely store their cash and obtain other financial services beyond loans....
...Take a break from the news Four times a week, Clair Heaviside leaves her Peak District home at 5.30am and runs the equivalent of a half marathon to her office in Manchester....
...They include Baillie Gifford’s flagship Scottish Mortgage Investment Trust, Bill Ackman’s £7.4bn Pershing Square Holdings, and the £2.5bn RIT Capital Partners trust....
...At Lake Erie, the southernmost and shallowest, and the nearby Lake St Clair, adjacent to Detroit and straddling the US-Canadian border, no ice cover was recorded at all....
...Net mortgage approvals rose to 60,400 in February — the highest since September 2022....
...While new Fed proposals to increase bank capital (dubbed the “Basel endgame”) are being recalibrated, further adjustments to liquidity, capital rules and risk management practices are nonetheless likely....
...Even shopping in the capital has lost its allure. I prefer high-end shopping while on holiday. Abroad. Resolving the type of mortgage is one thing. The dilemma as to when to fix is another....
...UK rail strikes: Train drivers begin a series of strikes that will disrupt sections of the nation’s rail services on Friday, Saturday and Monday....
...Elliott has a long record of distressed debt investing, it is best known in the UK for its activist equity bets, including pushing for change at pharmaceuticals group GSK and more recently at Scottish Mortgage...
...“The declining cost of capital with rates coming down and spreads coming down for real estate borrowing is very helpful.”...
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...But he added that the capital buffers European banks had built up over the past 15 years meant they were much better prepared for a slowdown in the mortgage market than they were after the global financial...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...The impact of monetary policy can also be damped as economies become more service-intense....
...The more troubling and, quite frankly, cynical argument, is that asking large banks to hold more capital will hurt vulnerable individuals, impacting mortgage lending to minorities, for example....
...Hunterbrook Media, which launched on Tuesday with its first investigative story into US mortgage lending, has two parts. There’s the news side and the hedge fund side called Hunterbrook Capital....
...Among the funds to have built up negative bets are Millennium; Qube Research & Technologies, one of London’s biggest computer-driven hedge fund firms; Wellington Management; Caius Capital and Kite Lake Capital...
International Edition