Hints and tips:
...Dr Sushil Wadhwani: In terms of interest rates, I assume that the effective lower bound is somewhere between -0.5 per cent and -1 per cent, and so the scope to cut rates is very limited....
...It has issued almost $10bn in loans since it was founded in 2006, had an IPO last year and now has a market capitalisation of $6.8bn. 15....
...Citigroup would earn fees of 1 per cent or more for creating these securities – a good chunk of change when you consider that the bank produced $33bn of mortgage-related CDOs in 2005 and 2006 alone....
...As part of her job, she helped put together CDOs like Abacus, and also something called ACA Aquarius 2006-1....
...The whole loan balance has been paid down to USD 1.3bn while the junior piece is USD 1.2bn, according to remittance reports and Realpoint....
...But what happened in the securitization market is you could originate these loans, sell them into a securitization and through a securitization then sell them into a CDO and you could go from 10-to-1 leverage...
...On the basis of these recommendations, the Government has decided to substantially improve the pension of pre 1.1.2006 defence pensioners below officer rank (PBOR) and bring pre 10.10.1997 pensioners on...
...The bank will make total writedowns of €228m on RMBS, €360m on ABS CDOs, and €229m related to conduits. It has also marked €258m of subprime loans yet to be syndicated to €201m....
...Mr Wuffli thought the impact of the DRCM saga would be limited. But Mr Ospel and the board felt differently....
...CDO tranches should be....
...The last figures available to the end of September 2006 for other New Century creditors reveals that UBS has obligations of $1.5bn, Bank of America $1.3bn, Barclays $217m, Bear Stearns $636m, Credit Suisse...
...Are the 80/20 financing loans a thing of the past?Yolanda Coats, Houston, Texas Harry Dinham: Yolanda. For the short term, 80/20 loans are in limited supply....
...This ratio measures all consumer credits, including credit cards, auto loans, durable goods payment plans, etc., so the decline suggests that the US consumer is better prepared to service these types of...
...The data include real estate loans, business loans, home equity loans, and other loans and leases. In recent weeks, the figures have been strong, indicating that banks are still making loans....
...The rates of repossessions for 2006 have been revised up from 0.15% of loans to 0.19%. It’s significant but it’s not dramatic....
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