by confoundedinterest17 To quote Dean Martin, “Ain’t That A Kick In The Head.” Let ’em have it!“ Net % of Domestic Respondents Tightening Standards on Consumer Credit Card Loans just rose to a
HY Spreads continue to collapse….$HYG $XLF #Provisions #Reserves pic.twitter.com/QFeUvSWVIc — PlungeProtectionTeam (@gamesblazer06) August 7, 2020 The Fed's treasury holdings alone are rapidly approaching the size of the Fed's entire peak
via Bloomberg: Rescue of housing market in March accidentally burned lenders Variety of pressures keeping rates from going even lower The Federal Reserve’s emergency rescue of the U.S. mortgage market
Are Charging Up to 780% Interest Amid Coronavirus Panic: should be jailed for that! www.vice.com/en_ca/article/5dmnex/payday-lenders-are-charging-up-to-780-interest-amid-coronavirus-panic Can’t for the life of me, who is not smart enough to ignore this kind
by jochexum I think everyone on this sub is fully aware the sba has bungled the eidl rollout. that said, there at least seems to be some measure of fairness
by HowGreatAreYourDanes Credit for the content below should go to Barry Habib of MBS Highway. THE CORONAVIRUS MELTDOWN The current coronavirus crisis is having a critical impact on the mortgage
Logan on the "mortgage meltdown". He says some lenders are concerned about EPO (early payoff risk). Other brokers have told me they get "no bid" on MBS. This is crazy.
via mishtalk Here we go again. The mortgage lending industry seeks to eliminate debt-to-income rules for home buyers. At the peak of every boom comes one final act of repetitive stupidity.
Wow, that was fast: In default is a $650 million portion of a $2 billion loan package, signed in 2018. By Wolf Richter for WOLF STREET. “20 Times Square,” a newly built tower
A $45,000 LOAN FOR A $27,000 RIDE: More Borrowers Are Going Underwater on Car Loans. John Schricker took out a loan to buy a car in 2017. Then he took
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Cash running low. Brick & mortar meltdown for landlords. Shares annihilated. Ascena Retail Group – which operated 3,519 stores of the brands Dressbarn, Ann Taylor, Loft,
via Zerohedge: Almost ten years after the Great Recession ended, online lenders in the U.S. including LendingClub, Kabbage, and Avant are preparing for an economic slowdown by reviewing their risk exposure, reported
via dw: A major upheaval is underway in China’s peer-to-peer (P2P) finance sector after numerous cases of fraud and negligence. As loans helped finance cars and property, could the crisis worsen
via businessinsider: The US housing market took a dark turn in 2018 as homebuying fell off a cliff and mortgage lenders saw a steep decline in applications, originations, and profits. Interest
via @lebas_janney: Two banks, $C and $JPM have reported increases in loan loss provisions/credit costs. They’re preparing for the credit downturn, even if they don’t say so outright. On the plus
(Reuters) – The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive