The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) and with 20 percent down increased from 5.33 percent to 5.40 percent during the first week of June, according to CNBC (citing data from … Continue reading →
A blank check company is an early or development stage entity that has no specific business plan or purpose but is founded by investors to bring their specialties, backing and experience to bear on businesses that have good concepts but … Continue reading →
In recent years, company voluntary arrangements (CVAs) have been used to restructure the leases of struggling retailers and restaurants. Under United Kingdom insolvency law, a CVA is a legally binding agreement between a company that is either insolvent or has … Continue reading →
Between 2000 and 2017, the obligations of foreign debtors to the government of China increased from less than $500 billion (one percent of global GDP) to more than $5 trillion (six percent of global GDP), according to a Kiel Institute … Continue reading →
Over the past decade, private equity firms have invested heavily in retail. These firms generally acquire companies through leveraged buyouts with the goal of holding the company for a number of years, increasing its value and then selling it to … Continue reading →
Treasury securities (also referred to as “Treasuries”) are debt obligations of the U.S. government. The federal government borrows by issuing Treasuries in the forms of bills, notes, bonds and inflation-protected securities (TIPS), depending on the maturity. These debt obligations are … Continue reading →
J.C. Penney Company Inc. is in discussions Wells Fargo & Co., Bank of America Corp. and JPMorgan Chase & Co. This surgical process keeps generic vs viagra check out for info the organ firm but bendable that it can react … Continue reading →
On April 7, four small business clients of Bank of America filed a lawsuit in the U.S. District Court for the District of Maryland challenging Bank of America’s gating policy that restricts customers’ eligibility to apply with the bank for … Continue reading →
Because the intellectual property of retailer Toys “R” Us served as collateral on their loans, a group of funds that financed the lenders during the bankruptcy now control rights to the Toys “R” Us and Babies “R” Us brands. According … Continue reading →
Average U.S. commercial real estate prices fell by 40 percent between the 2007 peak and the trough in 2010, according to Alex Pollock of R Street. Since then, prices have rebounded and are now 22 percent above the 2007 peak … Continue reading →