Hints and tips:
...Spreads on triple-B commercial mortgage-backed securities, the lowest rung of investment grade, are shooting up: And so are lenders....
...Roos joins from Citigroup, where he was most recently global co-head of equities and securities services....
...Today, 50% of R&D funding goes to London, the East and the South East of England....
...Residential output may prove resilient as the housing market was muted coming into 2020. Residential RMI is hard to call but appetite may rise after the lockdown....
..., offices and leisure) sector as well as the renting residential sector in the capital....
...Argon Credit has a variety of institutions funding its subprime lending operations....
...Upon arrival at GBK, I was once again faced with the bike security conundrum....
...B&Q, the UK DIY chain, is promoting its Streetclub website, which helps users to find, say, a ladder to borrow rather than buy one....
...We’d lose a bit of tax, but the potential benefits to the SME sector would be substantial....
...In December GMAC became a bank holding company, but at the price of dilution for investors....
...mortgage-backed securities]....
...B&B, under its new chief executive, Richard Pym, renegotiated the contract with GMAC-RFC, cut jobs and sold or wrote down swathes of its structured finance portfolio and asset-backed securities....
...Were it not for the Bank of England printing money to finance the public deficit, we would probably already have had a public funding crisis....
...RFC (“GMAC”, unrated) of up to GBP 350 million per quarter; these mortgages have displayed a significantly faster deterioration of asset quality than the own-originated loan portfolio of Bradford & Bingley...
...GMACand Residential Capital, GMAC’s embattled mortgage lending arm, on Wednesday secured an urgently needed $60bn rescue financing package to help stave off the threat of a ResCap bankruptcy filing....
...Bought lot of standard residential loans from GMAC which don’t originate much themselves. Kent – “one of them is a process point which I want to burrow into pretty quickly….”...
...d....
...For example, consider Residential Capital, the mortgage finance unit of GMAC, which was founded to help people borrow to buy General Motors’ cars....
...This could comprise common disclosures by firms about • Collateralised debt obligations; • Residential mortgage-backed securities; • Commercial mortgage-backed securities; • Leveraged finance; • Exposures...
...The mortgage unit Residential Capital – once a star profit generator for GM – posted a quarterly loss of $910m, more than offsetting gains from GMAC’s insurance and motor finance arms....
...Am I right in understand that GMG is bidding for Emap’s B-to-B businesses? PM: We have expressed an interest in that business....
...We’d subjectively put the risk of a mild technical recession at about 35% in the UK....
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