Hints and tips:
Related Special Reports
...These debts include mortgages and loans for cars, rental equipment and yachts....
...It is a cornerstone investor in UK private equity firm Cap10, a new buyout house set up by a senior former executive from Apollo....
...Investment trusts, a cornerstone of UK equity markets with roots stretching back more than a century, have seen a gap open up between their share prices and the value of the assets they hold while they battle...
...The New York-based securitised products business packaged debts, such as mortgages and loans for yachts, before selling them on as securities....
...Blackstone Mortgage Trust said in an emailed statement: “This report is highly misleading and represents a fundamental misunderstanding of our senior secured lending business.”...
...Thirty-year, fixed-rate mortgages dominate in the US and are chosen by around 90 per cent of all homebuyers. To their fans, they are a cornerstone of the American dream....
...They have cut lending rates, mortgage rates, business taxes, stock-trading fees and even admission costs at tourist sites; extended EV subsidies; relaxed regulations; intervened in forex markets; and extended...
...The step is intended to deepen the punishment for Illumina after Brussels fined the world’s largest gene-sequencing company €432mn in July for defying what regulators described as a “cornerstone” of their...
...For instance, here’s an extract from a filing by Manhattan Bridge Capital, a small Nasdaq-listed mortgage Reit: No Adverse Material Change....
...It added: “It is a cornerstone of the European merger control system that enables the commission to carry out its role before structural changes modify the competitive landscape.”...
...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....
...When interest rates rose, they were unable to pay the mortgage. They sold up, split up and Maureen went to live in a mobile home....
...For some venture capitalists, the flight to safety post-SVB will remain the cornerstone of the market, despite big banks’ flaws....
...Beijing and Shanghai also lowered minimum mortgage interest rates for first-time homebuyers....
...KKR’s recent agreement to buy up to €40bn of consumer loans originated by PayPal is one among various efforts by the firm to break into “asset-based” finance — fixed-income products such as mortgages, car...
...Banks’ holdings of Treasuries and agency mortgage-backed securities dipped to around $4tn in late September from an all-time high of $4.7tn in February 2022, according to data from the Fed....
...He described Bet365, the area’s largest private-sector employer, as a “cornerstone” of the local economy....
...In those transactions, a pool of assets — such as mortgages, credit card receivables or auto loans — are packaged together, with the interest payments funding new slices of debt that are sold on to investors...
...The new policy covers apps offering personal, payday and peer-to-peer loans, but not mortgages, car loans or credit cards....
...OK, so there was a liquidity problem with SVB and something about mortgage-backed-securities, and fundamental timing mismatches of liabilities....
...Mortgage issuance is going to be down when you double rates. Same thing with auto lending. The one shoe that hasn’t dropped yet are cap rates and debt yields on commercial real estate....
...The EU hit Illumina with a record €432mn fine after the world’s largest gene sequencing company completed an $8bn acquisition without the approval of Brussels, violating what regulators said was the “cornerstone...
...Yet this cornerstone of finance barely trades, making price discovery difficult, inefficient and costly to all. ETFs seem part of the solution rather than the problem....
...In 2014 Evercore acquired Ed Hyman’s ISI, Bernstein itself bought Autonomous in 2018, and last year Cornerstone Macro sold itself to Piper Sandler, while BNP Paribas acquired the other half of its Exane...
...The last time the industry saw such a big haul was in 2007 when John Paulson made about $15.6bn betting against subprime mortgages. It’s a huge feat for the soon-to-be Florida-based firm....
International Edition