Browsing Category
Mortgage
US office owners facing $117bn debt repayments
This year, hundreds of large US office buildings will be unable to refinance their debts due to the current interest rate.
According to the Mortgage Bankers Association, there are $117bn in commercial loans that are tied to offices and…
Blackstone Mortgage Trust is at risk of “liquidity crisis”, says hedge fund manager
Muddy Waters, a hedge fund, is warning that Blackstone's New York-listed Mortgage Trust could run out of cash.
Carson Block, , chief executive officer of Muddy Waters, revealed on Wednesday the company had started shorting its stock. He…
Mortgage interest rates rise by 56pc for homeowners
New figures show that mortgage holders are the most affected by the cost of living crisis.
Homeowners are the most affected by the cost-of-living crisis, as mortgage interest rates have risen by 56% over the last year, according to the…
Barclays and Metro Bank are in discussions to sell a £3bn book of mortgages
Metro Bank will soon sell a significant portion of its mortgage portfolio to Barclays, after shareholders approved a £925m bailout deal.
The troubled lender has been in discussions with potential buyers to offload about £3bn of homeowner…