Hints and tips:
Related Special Reports
...The loan sale document says that there are “no current or uncured breaches of covenants”. The mezzanine loan, which ranks behind Bank of Ireland’s senior debt, is not included in the sale....
...The wealth manager guarantees these loans, which are drawn from a consortium of external banks....
...OneWest, as IndyMac was renamed, made headlines for its hard-knuckled approach to evictions and debt collecting, foreclosing on tens of thousands of homes....
...Mnuchin and Joseph Otting, the former regulator who has taken over as NYCB chief executive, have a history of rebuilding troubled lenders: they bought failed mortgage lender IndyMac from the FDIC in 2008...
...turmoil surrounding the bank....
...The FCA later banned price discrimination against loyal motor and home insurance customers....
...Debt servicing costs in a clutch of the world’s poorest countries are set to soar to “crisis” levels as high interest rates damage already fragile economies, according to the World Bank....
...Non-performing loans at European banks were at record lows last year following the long clean-up after the financial crisis....
...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....
...“Banks will be under pressure,” said Barry Gosin, chief executive of Newmark, which handled $50bn of loan sales for failed Signature Bank....
...Banks hold almost half of CRE loans maturing in 2024, and our REITs research team estimates that 62% of bank office loans are held by regional/local banks....
...“Major banks have stopped working with Russian clients....
...The US Federal Housing Finance Agency on Tuesday said it plans to rein in a group of 11 regional government-backed wholesale lenders, the Federal Home Loan Banks, that became a key source of funding for...
...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....
...The power company has secured hundreds of millions of dollars in emergency loans from the European Bank for Reconstruction and Development to fix electricity infrastructure hit by Russian bombs....
...Some threatened to recall loans unless borrowers put up personal guarantees backed by their family homes. Others pushed “distressed” SMEs into bank divisions with a penchant for asset stripping....
...Net mortgage lending rose €12bn last month, the biggest monthly increase for more than a year, largely driven by a jump in French home loans....
...The average two-year mortgage with 60 per cent loan to value was 4.62 per cent in February, according to the central bank....
...Mortgage brokers have welcomed an “innovative” home loan aimed at first-time buyers, which requires a deposit of just £5,000 for homes worth up to £500,000....
...Both of the banks you mentioned and all of the regional banks have a lot of fixed-rate mortgage loans on their books. And those loans are not worth anywhere near what they listed as....
...Some farmers have found it tricky to secure bank loans against their slowly growing solar-grazing businesses, preventing the wider industry from growing even faster than it already is....
...“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....
...including the World Health Organization and Gavi, the alliance rolling out the first anti-malaria vaccine, are also aiming to top up their contributions from western governments distracted by elections at home...
...Banks are being forced to mark down loans to realistic levels. Provisions and losses are growing....
...Rocket Company, owner of Quicken Loans, the country’s largest non-bank mortgage lender, is up 66 per cent since November....
International Edition