Hints and tips:
...For instance, here’s an extract from a filing by Manhattan Bridge Capital, a small Nasdaq-listed mortgage Reit: No Adverse Material Change....
...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...
...“We won’t be doing follow-on small things without active engagement at a minimum, or control as a maximum,” he added. “We’re not signalling, we are actually just doing.”...
...But (as Lex notes) with its ad business sturdy enough and plenty of cash on hand, Google is buying time with $70bn in buybacks while it competes in the cloud. Google has good reason to do so....
...Sinéad O’Sullivan is a senior researcher at Harvard Business School’s Institute for Strategy and Competitiveness....
...The Big Short movie chronicled short selling directed against US mortgage-backed securities while the Netflix documentary Skandal!...
...As they reminisced about their glory days some four decades ago, a rumour was also doing the rounds: their old firm, First Boston, was soon to be resurrected....
...The Philadelphia stadium — home of the Eagles — has seen the city’s notoriously rowdy American football fans throw batteries, climb lampposts and trash its surroundings....
...Apollo also confirmed that it was finalising a purchase of Credit Suisse’s securitised products business, which is being partially sold off by the under-pressure Swiss bank....
...Last night the first bidders emerged in the battle for Manchester United; one from Qatar, one from closer to home....
...Or they want to own their home through an LLC [limited liability company] — maybe a celebrity who wants to keep their identity private,” she says....
...A $2.2bn equity investment in mortgage software company Ellie Mae in 2019 yielded an $11bn windfall when the business was sold to Intercontinental Exchange a year later, which pushed the internal rate of...
...Generation Home....
...“No one has done what we are doing,” says Marc Rowan, who will soon take over as chief executive of the enlarged Apollo....
...“Sanjeev plants flagpoles in the ground by buying a home wherever he sets up a new business,” a family friend told the FT....
...Take home message: read the small print Brooke Masters, chief business commentator Back when I was a regulation reporter, I found myself covering a massive scandal in the US mutual fund industry....
...This was a “separate, independently regulated entity from the mortgage origination business at Countrywide,” he says, “and never purchased subprime loans of any kind”....
...As well as helping people carry on their lives with a semblance of normality, the companies are helping investors keep calm too....
...That, crudely, is what happened in the US subprime mortgage market in 2008, when large chunks of home loan debt, repackaged as triple A-rated derivative investments, defaulted and left end investors with...
...The small print of the Google Home announcement, however, reveals that the latest move is not quite so ambitious as the first....
...And it was doing more besides....
...Refurbishments were needed, so the family decided to take out a joint mortgage to cover the renovation costs, and adapt the home to shared needs, turning the attic into rooms....
...Apollo threatened to stop doing business with parties that chose to work with Caldera, the lawsuit claims....
...More lenders could be tempted into the non-QM market, say analysts, as they grow more comfortable with the regulatory environment and as they look to offset business lost from mortgage refinancing, which...
...First finding, and then buying, a new home is a protracted and arduous experience....
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