Hints and tips:
...“Issuers with weaker credit quality and near-term maturities may be attracted to private credit,” said Christina Padgett, head of leveraged finance at rating agency Moody’s....
...It could start by holding a press conference following every MPC meeting, just like the ECB and Federal Reserve do....
...This should have a cooling effect on the housing market, but is still below zero in real terms so is not likely to depress business investment....
...Meanwhile, a boom in first-quarter trading revenues for investment banks will probably only provide a short-term fillip....
...Viewed from Bangalore, the purchase of a newly built three-bedroom apartment in London for more than £1.4m seemed like a safe investment bet....
...Visibly uncomfortable, he blamed the state housing agency that oversees hundreds of projects nationwide for “ruining us” and asked the Turkish leader for a fuller discussion at a later date....
...Instead of limits on each deal, the GSEs’ commercial real estate businesses are subjected to overall limits imposed by the Federal Housing Finance Agency....
...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...
...A good chunk of the alternative lending goes through mortgage investment corporations — private, provincially-registered vehicles selling shares to the public to buy pools of mostly short-term home loans...
...bubble — FT Alphaville Fix housing finance, fix the economy?...
...The bank said last summer that it had set aside $5.6bn to cover a fine from the Federal Housing Finance Agency, which is still outstanding. This amount does not cover a penalty from the DoJ....
...How did finance, a sector that makes up 7 percent of the economy and creates only 4 percent of all jobs, come to generate almost a third of all corporate profits in America at the height of the housing boom...
...In Hong Kong, the government predicts that it will be lucky if GDP increases by 1-2 per cent....
...Fannie and Freddie’s regulator, the Federal Housing Finance Agency, has tried to involve the private sector more through risk-sharing schemes....
...Commercial and industrial loans, for example, have risen by 45 per cent to $1.74tn since late 2010, according to Federal Reserve figures....
...Mr Gintili’s loan of £5,000 came from a pool of individual lenders and was conditional on raising £1,500 through donations....
...The increase comes after the Federal Housing Finance Agency agreed to settle with JPMorgan for $4bn last week over allegations of mis-selling mortgage securities....
...As he put it, “A further complication is introduced by the inappropriateness of fixed money loans to finance investment in training. Such investment necessarily involves much risk....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...Many of those loans eventually soured, leading to a government bail-out that, according to the Federal Housing Finance Agency, could cost US taxpayers $193bn until the end of 2014, excluding dividend payments...
...Separately, a deal to settle claims related to other mortgage losses was put under further pressure on Wednesday when a group of investors and the Federal Housing Finance Agency joined the New York attorney-general...
...Nomura Holdings was further hit by news that the company was among 17 institutions being sued by the US Federal Housing Finance Agency. Shares in the brokerage fell 5.5 per cent to Y291....
...On Wednesday, the Federal Housing Finance Agency announced it would de-list both Freddie Mac and Fannie Mae from the New York Stock Exchange....
...James Lockhart, vice chairman of Mr Ross’s investment firm WL Ross & Co as well as chairman of the Oversight Board of the Federal Housing Finance Agency in the US, will join the board of Virgin Money....
...Back to the top Real Estate Investment Trusts (REITs) A UK REITs regime came into being on 1 January 2007....
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