equity loans
- Banks told to crack the whip on loan recasts; defaults due to mismanagement ...
Economic Times
Bankers admit that lending institutions have suffered losses in the past one year for agreeing to convert distressed loans into cumulative convertible preference shares (CCPS) or other quasi-equity securities. Recently, 25% of 16200-crore loans to ... 
ETF Daily NewsSenior Loan ETFs: Safe Funds For Yield Chasers? (BKLN, SRLN, VCIT)
ETF Daily News
Being senior, the loan is repaid first (even before bondholders) in the case of bankruptcy. Also, as senior notes are short-term financing products, senior notes carry a floating interest rate. Senior loans are key to buyout and private equity ...and more » - Menendez, Boxer Introduce Bill To Help Responsible Homeowners Refinance
RealEstateRama (press release)
This bill would ensure that all GSE borrowers who are making their payments have the same access to simple, low-cost refinances, regardless of loan to value. Not only is this an issue of fairness, but applying these measures to higher equity borrowers ...and more » - CORRECT (5/16): Blackstone Loan Favorably Modified - Deutsche Bank
Wall Street Journal
("Blackstone Loan In Favorable Modification, Deutsche Bank Says," published at 1639 ET on May 16, misstated how the loan-servicing task was transferred, in the 10th paragraph. The correct version follows:) By Al Yoon Of DOW JONES NEWSWIRES NEW YORK ...and more » - Mishcon de Reya | Banks' changes to SME loans "Unlawful"
Linex Legal (press release) (registration)
Banks are “unlawfully” changing loan terms and refusing to negotiate with small businesses, a law firm has claimed. A quarter of entrepreneurs, private equity and hedge funds have reported that their bank had sought to change the original terms of ... - Jurors Set to Decide Fate of Defendants in Sevier Mortgage Fraud Case
LoanSafe
Kerley and Whaley are accused of plotting with Sevier County developer Kenneth Lee and mortgage broker Mary Bivens in a scheme designed to skim off “equity milk” from fraudulent loans that left SunTrust Mortgage Inc. with a slew of foreclosed cabins ...and more » - Minuteman Community FCU Wins Top Award in Washington, DC
CUinsight.com (press release)
In particular, Minuteman Community FCU offers lower loan rates on the following accounts: new car loans, used car loans, personal unsecured loans, home equity loans". "Minuteman Community FCU also pays its members higher dividends on the following ... - Cerberus buys Speymill Deutsche Immobilien Assets out of receivership
Banking Business Review
... Cerberus worked with the company's bank lenders to effect the recapitalization of the assets through a restructuring of the company's EUR985m of distressed bank loans, and the infusion of capital in the form of subordinated debt and equity, ...and more » - TEXT-S&P revises Renaissance Financial otlk to neg
London South East
These positive points are offset by RenCap's weak profitability, its large equity holdings and intragroup loans, the risky operating environment for securities brokerage and investment banking in the developing markets in which RenCap operates, ...and more » - What are the options for interest-only borrowers?
Money Observer
In the past few months, some lenders have attempted to plug the gap for older borrowers stranded on interest-only loans but for whom equity release isn't an attractive proposition. The most eye-catching of these innovations has been a product from ...
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