Bridge-Loan

Interest rates must rise further, ECB's Schnabel tells Bloomberg

Senior housing landlords are in the driver’s seat when it comes to pricing their assets on the sales market as the silver tsunami finally bears fruit on the industry’s fundamentals.  But even with hungry investors and elevated prices, many senior housing owners are reluctant to part ways with properties because of how strong operating fundamentals…

Top US banks’ secured funding outflows grow to record $1.6trn – Risk.net Skip to main content Close navigation menu End of drawer navigation content Stressed cash outflows hit new highs at all eight G-Sibs in Q2 Secured wholesale funding outflows under the liquidity coverage ratio (LCR) stress scenario climbed by $127.7 billion at the…

The Department of Justice filed a civil fraud suit against Michael Shabsels and his companies, Simad Holdings, Damis Holdings and 26 companies, alleging they improperly obtained over $13 million in Paycheck Protection Program funds. In the lawsuit filed in White Plains federal court on Aug. 24, prosecutors allege Michael Shabsels concealed the web of his…

Home guru Joanna Gaines has given fans a glimpse inside life on her sprawling Texas farm as she celebrated her “favorite day of the year” alongside her five children. The 48-year-old “Fixer Upper” icon took to Instagram to document the family’s annual Honey Harvest Day at their Waco, TX, property, sharing a behind-the-scenes look at…

Rebecca Oakes, vice-president of advanced analytics at Equifax Canada, said the March to June period usually brings rising non-mortgage debt and falling missed payments, and that this year matched it.   “Consumers remain cautious, particularly around major purchases,” she said, adding that “pockets of growing stress are still evident in some areas.”  Ontario mortgage holders remain the outlier in…

Big investors turn to off-exchange prediction markets – Risk.net Skip to main content Close navigation menu End of drawer navigation content Millions of OTC event contracts are being traded monthly, with individual deals as big as $10 million An over-the-counter market for event contracts is emerging in the shadow of retail-focused prediction exchanges such as…

China Flexes Regulatory Muscle With Huge Recall of Tesla and Other EVs China’s Evolving Approach to Electric Vehicle Safety and Regulation SHANGHAI/BEIJING, Aug 26 (Reuters) – A huge recall in China last week aims to address a long-standing fear of EV owners: potentially being trapped in their cars when the power fails. It also highlights…