Hints and tips:
...As part of that deal, SL Green assumed $1.76bn in mortgage and mezzanine loans attached to the property, which come due in 2027....
...The first of these is that most mortgage market people do not believe it is possible to sell Fannie and Freddie mortgage-backed securities without a government “wrap”....
...Corp bonds QE has been done before (they hold £10bn) still a potential route if credit mkts do seize up down the line....
...Florencia Pascual, a marketing strategist for a Hong Kong-based company called Formia, is showing off the Pope’s amenity bag....
...On Tuesday, the Supreme Court heard a case called Bank of America v Caulkett that has big implications for the US housing market....
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...- Felix Salmon on DeMarco v Geithner - Finance must escape the shadows. - ECB Q&A: will we see a big bazooka or pea-shooter on Thursday? - Fed in the dark on jobs....
...The most important measure, targeted by the Bank of England, does not currently include many families’ most important consumption item, the shelter, location and other amenities provided by their homes....
...The Supreme Judicial Court (SJC), in Commonwealth v Ibanez, recently upheld Massachusetts law and stated that “only the present holder of a mortgage is authorized to foreclose on the mortgaged property.”...
...Related links: Regulating Systemic Risk – Viral V....
...Hydro-Québec will also set aside C$10m a year to finance improved social amenities in local communities....
...“Everyone else needs to get a mortgage and one of the defining characteristics of this downturn has been the difficulty of getting finance.”...
...Email Viral V Acharya...
...In Comcast v. FCC – the “network neutrality” case – the agency was found to be making up the law as it went....
...A judge in Regina v....
...But even those luxury amenities have not all turned out as billed. When Tishman began to buckle under the pressure of its debt load, residents complained that services suffered....
...Meanwhile, non-performing loans associated with credit card delinquencies and late mortgage payments will plague U.S. banks into 2010....
...“There has been a focus on banks’ capital, liquidity and their mortgage exposure.”...
...One market that has extended its gains from December has been US mortgages....
...The favourite bar-room game is guessing the shape of the recession: V, U, W, L? A chance to dig out the old Rolf Harris impression: “D’you know what it is yet?...
...The modern origins of rent-to-own – that is, buying in instalments or hire purchase – can be traced back to the postwar boom in household amenities....
...“V-shaped” recoveries, in which employment comes roaring back, take place only when there’s a lot of pent-up demand....
...Pontiac did not just have an eight-cylinder engine – it had a “Strato-Streak V-8 + Strato-Flight Hydra-Matic”. (Why “hydra”?, some will wonder – was it a steam engine?)...
...Two securities class actions relating to Countrywide’s public offering of mortgage-backed securities: Luther v....
...Carlson v Xerox was a class-action lawsuit on behalf of shareholders holding stock between 1998 and 2002....
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