Strong lenders can now finance themselves in the markets.
Morgan, led by Jamie Dimon, used its position as one of the few strong lenders to capture market share in corporate finance.
BUSINESS STANDARD For European Banks, the Squeeze Is On | With commercial banks increasingly dipping into the European Central Bank's emergency lending pool, signs are emerging that even strong lenders are finding difficulty in borrowing from traditional sources, The Wall Street Journal writes.
"We are discussing, based on our contained optimism, that there will be a strong agreement [with lenders] so that the country will be able to breathe.
After a strong debut, online lenders' growth is flat-lining.
Bank of Tokyo-Mitsubishi, the biggest and strongest lender, has 59 directors.
It is a strong argument for requiring lenders to keep some "skin in the game"—or a share of the securitised bundle of loans on their books.* "The Consequences of Mortgage Credit Expansion: Evidence from the 2007 Mortgage Default Crisis" † "Did Securitisation Lead to Lax Screening?
True, Agricultural Bank achieved the world's largest initial public offering just last month, and on August 18th China Everbright Bank, another lender, enjoyed a strong debut in Shanghai.
Figures out yesterday from Halifax, the big mortgage lender, showed a strong rise in house prices in June, keeping the annual rate of property inflation above 10%.
If you have a strong preference, however, ask your lender if they would be willing to work with the title company you want to use.
