Hints and tips:
Related Special Reports
...So far, its lending has funded 1,800 homes. It has financed projects including 316 rental homes in Bath and a joint loan with insurance group Generali for 65 homes for sale in Canary Wharf....
...Castlelake has taken advantage of recent market turmoil to expand its credit portfolio beyond aircraft leases, buying up billions of dollars of consumer instalment loans from fintech group Upstart....
...The firm said: “[In our BSP scheme] we continue to have low write-off rates, which evidences the prudent nature of our approach to lending....
...Beijing stopped short of unleashing sweeping stimulus last year, implementing a series of smaller measures — such as loosening restrictions on home purchases and cutting loan costs — in an effort to support...
...Mortgage rates were at 7.5 per cent, a 10-year high and more than double the 3.25 per cent interest Angela, who requested that the Financial Times not use her last name, was paying on the loan on her home...
...And in recent years, the securitisation market has become a welcoming home to deals backed by everything from music rights to software companies’ private credit loans....
...Mortgage lending to older UK borrowers slumped in the last three months of 2023, as higher interest rates led to an affordability squeeze for over-55s....
...The FCA regulates loans of less than £25,000 made to sole traders or partnerships but it said that overseeing lending to limited companies was outside its remit....
...Rocket Company, owner of Quicken Loans, the country’s largest non-bank mortgage lender, is up 66 per cent since November....
...The fastest-growing part of its balance sheet is investment in renewable energy and Hunt said 45 per cent of all mortgages last year were lower rate loans for more energy efficient homes....
...From Bloomberg overnight: Citi Is in Talks to Start New Private Credit Strategy by Early 2024 Citigroup Inc. is in discussions to start a new direct-lending strategy by early January, the latest in a series...
...Capital for the loans would come from overseas credit funds and local banks, Arora said....
...“Over the course of the year, look for loan losses to continue to grind higher,” said Jason Goldberg, banking analyst at Barclays....
...“I would have received bank loans a long time ago if I had owned the land,” said Xu Liang, an owner of a nursing home in the northern Hebei province....
...for home loans....
...In the UK, home loans are funded in part from deposits and lenders carry the risk of default. Insurance to protect against defaults, widespread in the 1990s, is now rarely used....
...Besides credit card debts, Blackstone has picked up home improvement loans, auto loans and loans financing rooftop solar power....
...Chang’s and business technology provider Computer Services Inc....
...Silverstein’s share — the $235mn mezzanine loan — inaugurated a new lending division it launched in 2018....
...It would help reduce the cost of issuing longer-term bonds that are better matched to IDA’s multi-decade loans, he said. “Chinese policy lending has more or less dried up,” Setser said....
...The central bank’s “pledged supplementary lending” programme, a quasi-fiscal facility for cut-price loans used in past stimulus pushes, increased the pace of lending 12 per cent in December....
...deals — where other investors agree to take on the risk of losses — or ceasing new lending to the sector....
...NYCB shares plunged nearly 40 per cent last week after it surprised investors with a loss for the final three months of 2023 and higher provisions for future loan losses, especially for lending tied to real...
...buffers to support lending at this loan-to-value,” they added....
...That same year, the Hungarian central bank announced that it would provide cheap green loans to banks for the purpose of lending money to customers purchasing or constructing highly energy-efficient homes...
International Edition