Hints and tips:
Related Special Reports
...It generated an additional $1bn in cost savings, having eliminated $5bn last year....
...Freddie will only buy the second mortgages of borrowers that it already has a first mortgage with, and the combined loan-to-value of both the first and the second mortgage cannot exceed 80 per cent of the...
...Second, while the IDA funding terms are “concessional” from a pricing and loan tenure perspective, it still leaves the currency risk of the loan component with the recipient country....
...The flipside to higher interest rates is people also want more for their savings....
...In the US, according to numbers from the Federal Trade Commission, there were nearly 26,000 reported cases of abuse of advance-fee loans last year, costing victims nearly $75mn....
...Likewise, for auto loans, people in their 30s are now falling behind on their loans at a faster pace than during the pandemic....
...Moreover, banks are much better positioned than they were in the runups to the Global Financial Crisis and Savings & Loan Crisis....
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...The International Development Association (IDA) is in need of the “largest replenishment ever” of financial resources to provide cheap loans and grants to 75 developing countries, Dirk Reinermann, the bank...
...JPMorgan set aside less than analysts anticipated for loan losses....
...Also important and worthwhile was a UK individual savings account to encourage people to put more of their savings in British business....
...His argument is that the excess savings built up during the pandemic acted as a wall separating the actions of the Fed from the private sector....
...Two years on and she is waiting for her second hip replacement. But this time she has decided to borrow to cover the £15,000 surgery at a private hospital in London. “I don’t have a choice about this....
...They have been able to charge more for loans because of the interest rates being increased by the Federal Reserve, but they haven’t been passing on these higher savings rates to depositors at the same rate...
...Last week the US Federal Housing Finance Agency presented its report on the future of the Federal Home Loan Banks....
...Banks forecast there would be a further “moderate net tightening” of credit availability but an increase in loan demand in the second quarter....
...Crude oil is Brazil’s second largest export in dollar terms....
...That was far more than the $1mn the bank took in additional interest from its loans and investments in the same period....
...“We take domestic savings and put them into the domestic economy.”...
...Michael Bright Chief Executive, Structured Finance Association, Washington, DC, US...
...The NRA filed for bankruptcy in January 2021, but a federal judge dismissed the case later that year....
...More and more market participants and pundits are betting that stalling disinflation might stop the Federal Reserve from cutting rates at all in 2024....
...And if all the doctors in your region are using the same tool, you have nowhere to go for a second opinion....
...At Zillow, these commissions represented about 48 per cent of total revenue in the second half of 2023, said JPMorgan. At Redfin, the figure is a little lower....
...“Our expectation still remains that it has largely been a pull forward of issuance, meaning that it will be a quieter second half of 2024.”...
International Edition