Modular housing fails to scale. Will policy reforms alter that?

Fourth-trigger CDS market weighs going blind – Risk.net Skip to main content End of drawer navigation content Dealers see benefit of undisclosed, replenishable pools – but not everyone is convinced A structure already embraced by the loan market may reshape how banks lay off derivatives counterparty credit risk, as so-called blind pools – undisclosed, replenishable…

Workers assemble cars at a car plant of SAIC-GM-Wuling in Qingdao city in east China’s Shandong province, Feb. 5, 2025. ZHANG JINGANG | Future Publishing | Getty Images DETROIT — General Motors and China’s SAIC Motor have extended a decadeslong Chinese joint venture that was set to end next year, the U.S. automaker said Tuesday…

A specialist lender has provided £822,000 in developer exit finance for a residential scheme in Sydenham, South East London, allowing the borrower to release equity from unsold units whilst other projects remain underway. Inspired Lending arranged the 12-month loan for an SPV borrower at 70% loan-to-value, with monthly interest charged at 0.89%. The facility is…

Key insight: Truist Financial is dropping its near-prime auto lending business, having decided the sector is not core to its strategy and has been dragging down credit quality. Supporting data: The company’s non-performing indirect auto loans reached $569 million in the second quarter, making up about one-third of Truist’s total non-accruing assets.  Expert quote: “To…

First things first: when we reference average, daily, top-tier 30yr fixed rates, it is for an ideal scenario that rarely exists in the wild. The average scenario will always involve slightly higher effective rates (i.e. even if the rate is the same as national averages, it would involve additional upfront costs). As a reminder, our…