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....
...It would also allow the group to rationalise a series of costs by streamlining brands, estate agent offices and other services such as conveyancing. mortgage advice etc....
...were questioning a deal in which he’d sold stock in one of his startups for Bitcoins....
...For Mr Vidales, a real estate agent who kept plugging away through the depths of the foreclosure crisis, the trouble is now the shortage of homes for sale, the clamour from buyers and the soaring valuations...
...Armando D’Amico, managing partner of Acanthus Advisers, a placement agent that advises private equity groups on fundraising, found in a recent survey that 74 per cent of buy-out groups thought they had communicated...
...Last month, Deutsche also hired Tom Cooper, who was head of European M&A at UBS and will become co-chairman of global M&A at Deutsche....
...Stephen Feinberg, the publicity-shy founder of Cerberus, which owns 80.1 per cent of Chrysler, spent part of Friday last week on the phone with James B....
...“Two years ago, you could throw up some brick, put in a kitchen and a bath, put a price on it, and you’d have a bidding war,” says Pamela Liebman, Corcoran’s chief executive....
...Bankers that were supposed to be the technocrats of the private sector were blind to mortgage fraud, ratings cock-ups and funding strategies with no Plan B....
...For fixed rate mortgages inflation would be blessing, and a curse for floating rate mortgages. I wouldn’t suggest hedging against inflation if you’d have to use borrowed money....
...FT: Mr Myners, I’d like to ask you also about a specific situation that you are involved with at the moment, Northern Rock....
...the higher mortgage payments incurred as the fixed rate runs out and households move onto a higher rate mortgage....
...One of the changes that has taken place since David Miles’ first report was, there are now more fixed-rate mortgages, I think three quarters of new mortgages are a fixed rate....
...Tom Kunz, head of Century 21, the largest chain of property agents in the US, recently entered a lottery....
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