Hints and tips:
...Citi also has a reputation for offering favourable rates on mortgages to its law firm clients....
...China has made a record cut to a mortgage-linked loan rate as policymakers roll out more targeted support to the country’s ailing property sector....
...Costas Mourselas The debt-fuelled bet on US Treasuries that’s scaring regulators FSB warns of risks posed by hedge funds’ ‘hidden leverage’ SEC raised concerns over hedge fund Rokos after losing bond...
...to residential mortgage finance; and small depositories must be involved in community lending (including residential mortgage finance)....
...Citibank, Bank of America, Wachovia and Washington Mutual all failed in 2008 (three were bailed out and one was seized and sold) because managers fatally misunderstood mortgage risk....
...Economic data New home sales figures are released amid rising mortgage rates and record prices weakening the demand from prospective buyers....
...They're worried about inflation, they're worried about the price of buckwheat and sugar, and mortgage rates, and things like that....
...Initially, the FSB focused on systemically important non-bank “entities”....
...This support can be very useful — especially when it comes to discussing overdrafts, loans and commercial mortgages....
...Another sought to get his mortgage payments deferred only to be told this was not possible....
...Global watchdogs want to scrap Libor by the end of 2021, and instead price a mountain of loans, mortgages and derivatives contracts, together worth about $400tn, on overnight lending rates such as Sonia...
...The TCFD was launched in 2015 by the Financial Stability Board and has been championed by Michael Bloomberg, the media billionaire and Mr Carney, a former FSB chairman....
...The authors claim this triggered deposit flight from Wachovia but offer no evidence it could otherwise have stayed out of trouble....
...Interest-only mortgages accounted for 77 per cent of the loans backing $16.5bn of new commercial mortgage-backed securities in the US during the first quarter, according to data provider Trepp, up from 68...
...In March Randal Quarles, the Fed’s top financial overseer and chairman of the Financial Stability Board told the FT that the FSB has launched a global examination into parts of the leveraged loan market....
...The FSB's policy recommendation is for continued monitoring of Big Tech's impact on the sector at large . . ....
...Earlier this year, the bank admitted to overcharging wealth management customers, and paid $1bn to settle allegations of mis-selling car insurance and charging excessive mortgage fees....
...It settled a major mortgage securities mis-selling case with the US Department of Justice....
...But he was arrested in 2004 by the FSB, the main successor agency to the KGB. He reportedly admitted to the FSB that he had been recruited by the British special services as an informant in 1995....
...In 2008 Goldman declined to buy Wachovia, which had a portfolio of mortgages with flexible repayment terms....
...The threat from shadow bank was exemplified during the financial crisis by AIG, the US insurer which got into trouble selling derivative contracts on subprime mortgages and required a $180bn bailout when...
...As well as selling the third-party rights to New Residential, Citi is also planning to outsource the servicing of mortgages provided for its own customers to Cenlar FSB....
...The Basel committee, which also hosts the FSB, declined to comment....
...And the FSB oversees the Basel Committee on Banking Supervision, which continues to drive through tougher global requirements on bank capital and liquidity....
...After the Wachovia integration was complete, sales goals at her small branch in Macungie, Pennsylvania, were set much higher, and staff were hounded by district managers to hit them....
International Edition