How Credit Got So EasyAnd Why It's Tightening
once seen as isolated to a few subprime-mortgage lenders are beginning to propagate across markets ... seeds of excess in the housing and subprime-loan markets. Robert Eisenbeis, retired research director at ... assets, such as delinquent home loans or commercial loans. In the late 1990s, Wall Street ...
Quest Reports Its Financial Results for Second Quarter 2007 and Declares Dividend
and $13.4 million of other assets. The loan portfolio at June 30, 2007 was comprised ... the context of market conditions. The Canadian mortgage markets remain stable however given the uncertainty ... value of the security and generally provides commercial bridge loans to primarily publicly traded development ...
King warns of no mercy for careless lenders
bail out any careless lenders hit by loan defaults. Mervyn King admitted that there were ... – the extra interest premium paid on commercial loans compared with that on ultra-safe government ... only modestly”. Beyond the crisis-hit US sub-prime mortgage sector, Mr King said: “I do not ...
Digital Realty Trust, Inc. Reports 2007 Second Quarter Results
Piscataway, New Jersey. This $70.0 million construction loan has an 18-month maturity with a six-month ... turn-key datacenter space, redevelopment space and basic commercial space and the expected rents related to ... EQUITY Unsecured revolving credit facility $114,307 $145,452 Mortgage loans 885,500 804,686 Exchangeable senior debentures 172,500 ...
Heritage Commerce Corp Earns $4 Million in Second Quarter 2007 As Diablo Valley Bank Acquisition Clo
the second quarter a year ago. -- Commercial loans increased 22% in the quarter and ... most of the quarter and, consequently, SBA loan originations and gains on the sale of ... Loans 358,095 294,010 273,208 22% 31% Real Estate-Mortgage 330,422 239,082 242,125 38% 36% Real Estate-Land ...
Rating Agency Revisions Continue
agencies continue to recoil from the subprime mortgage mess, sharpening their tools in response to ... and loss model to raise expectations for loan defaults. The change will affect its position ... of subprime exposure to U.S. investment and commercial banks. Regarding commercial banks, Moody's said subprime ...
Papa John's Reports Second Quarter 2007 Earnings
sales increased $5.2 million due to expanded commercial volumes at our print and promotions operations. ... increased fuel and energy costs, and increased mortgage interest rates and the related downward trend ... investments 671 4,472 Loans issued (4,263) (4,616) Loan repayments 2,029 6,410 Acquisitions (8,615) (1,200) Proceeds ...
Heritage Commerce Corp Earns $4 Million in Second Quarter 2007 As Diablo Valley Bank Acquisition Closes
the second quarter a year ago. -- Commercial loans increased 22% in the quarter and ... most of the quarter and, consequently, SBA loan originations and gains on the sale of ... Loans 358,095 294,010 273,208 22% 31% Real Estate-Mortgage 330,422 239,082 242,125 38% 36% Real Estate-Land ...
JER Investors Trust Inc. (NYSE: JRT) Announces Second Quarter 2007 Results
Second Quarter Highlights: -- Continued Focus on Commercial Real Estate Backed Assets: We continue to ... in single family residential mortgages or residential mortgage backed securities, including no investments in "sub ... have one $18.9 million mezzanine real estate loan collateralized by garden-style apartments located in Florida ...
Home Capital untouched by U.S. woes: Q2 profit rises 33.5 per cent to $22M
of risk" in the imploding U.S. subprime mortgage market. In its financial report, Home Capital ... as well as Visa card operations and commercial mortgage lending. "I just want to reassure ... the home is worth less than the loan. Home Capital Group's $22 million in April-June ...