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...The deal was structured so that Coach would own half of what was then a speculative building....
...The sharp rise in interest rates has taken some of the shine off the stocks. Most self-storage companies are structured as real estate investment trusts (Reits)....
...From all that, you would deduct the debts somebody owes - a mortgage on their house, car loans, money they may have borrowed to invest - and finally, you would deduct a tax free allowance....
...He was born on November 2 1952, and grew up in Van Nuys, a nondescript neighbourhood in Los Angeles’ San Fernando Valley....
...Wells Fargo’s CRE loan book shrank by $2.5bn in the second quarter because of declines in construction funding and mortgages on existing properties....
...Analysts had expected the headline rate of inflation to fall again, to 2.9 per cent, last month....
...“With today’s low mortgage rates, this may be a cheaper option than getting a loan.”...
...Deutsche Bank financings for Donald Trump Trump International Hotel & Tower, Chicago Loan value: $25m-$50m Rate: Libor plus 2 per cent or prime minus 0.5 per cent Signed: 2012 Due: 2024Mr Trump built one...
...By 2006 the share had ballooned to more than 22 per cent: Most of the additional credit funded dubious loans....
...“Here we are again,” says Janet Tavakoli, president of Tavakoli Structured Finance, a Chicago-based consulting firm. Car loans are a smaller market than mortgages, she notes, which total about $9tn....
...The company offered rates late last year for 30-year fixed rate mortgages that were as low as 2.8 per cent....
...New renminbi loans last month came to Rmb2.03tn, up 95.2 per cent from the previous month but down 19.1 per cent year on year....
...Again, not unlike the poor quality, overvalued real estate underpinning many subprime loans in 2006. There are potential fixes....
...Some notice accounts work in a similar way to tracker bonds, and the best of these is from Secure Trust Bank, paying 2.05 per cent on its 183 day notice account....
...Corporate loans were the underlying assets for 86 per cent of CLOs outstanding at the end of January, according to CICC. Auto loans and residential mortgages together account for another 7 per cent....
...Lenders have restructured the amount of debt that is available at high loan-to-value mortgage [ratios], and borrowers must get through the “stress tests”....
...This is better than an earlier estimate that GDP showed a -0.7 per cent annualised rate of decline....
...In the average “low-exposure” zip code, 17.3 per cent of all mortgages are ARMs, while 35.2 per cent of mortgages have floating rates in the average “high-exposure” zip code....
...Older RMBS deals that contain adjustable-rate mortgages would be more affected by rising rates, although credit ratings on such deals are already extremely low, given losses experienced during the crisis...
...In 1976, he began offering very small loans without security to the poor, notably women, to bypass loan sharks, initially extending the money interest-free and then underwriting bank loans himself, while...
...The CLO market has also received a fillip from a reversal of fortune in the retail market for leveraged loans, which competes with the structured investment vehicles to buy the assets....
...It can also place restrictions on maximum loan-to-value ratios, loan-to-income ratios, debt-to-income ratios or the length of mortgage terms....
...To date, it has made investments in Navitas Lease Corporation, which provides loans against equipment; Global Lending Services, which provides car loans; and Shellpoint, which provides mortgages....
...Part of the reason CMBS sales have shot up is that borrowers are refinancing loans at ultra-low interest rates....
...Here’s the original 2003 rating announcement from Moody’s: The underlying loans consist of about 83% of fixed-rate mortgage (FRM) and 17% of adjustable-rate mortgage (ARM) loans....
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