A new Fed survey shows banks are still not opening the spigot to give homebuyers access to loans. Sanjiv Das, CitiMortgage CEO, says the industry lent $1.9 trillion in mortgages in 2012, and that the market will begin to get competitive.» Read More
A new Fed survey shows banks are still not opening the spigot to give homebuyers access to loans. Sanjiv Das, CitiMortgage CEO, says the industry lent $1.9 trillion in mortgages in 2012, and that the market will begin to get competitive.
Tesla's market cap is now over $10 billion, reports CNBC's Phil LeBeau; and Cole Wilcox, Longboard Asset Management CEO, explains why he thinks the stock is worth more.
Automakers have rebounded since the financial crisis, but car loan delinquencies are on the rise, reports CNBC's Phil LeBeau.
Jed Kolko, Trulia chief economist, reveals the results of its latest report on housing and credit, explaining that they found in most of the country, "prices are below "their fundamental value."
The adjusted delinquency rate on mortgages rose to 7.25 percent from 7.09 in the first quarter but was down from 7.40 percent a year ago, according to a report.
Investments in Europe is picking up, says William Vrattos, York Capital Management, providing an outlook on fixed income assets.
May 7- Air Lease Corp:. *Announces the closing of a 4 year unsecured revolving bank credit facility. for $1.7 billion priced at libor +1.45%.
*Comerica increases available borrowings under amended credit facilities. *Comerica bank has increased co's credit facility agreements from $8 million. to $10 million* Source text for Eikon* Further company coverage.
May 7- XL Group PLC:. *On may 7, 2013, co's unit entered into a new credit agreement for revolving. credit loans up to $100 million- SEC filing.
May 7- Information Services Group Inc:. *Information services inc- executed $70 million, five-year credit. *Also retires $1.1 million of convertible loan notes at 43% discount.
OSLO, May 7- Seadrill Partners LLC says:. *Seadrill Partners LLC acquires the tender rig T15 from rig firm Seadrill. *The total purchase price is $210 million, less approximately $100 million of debt outstanding under the credit facility secured by the T-15. ().
May 7- ValueVision Media Inc:. *Expands PNC Bank credit facility to $50 million and extends term. *Says has extended the facility's maturity to five years through may 1, 2018.
May 6- Pinecrest Energy Inc:. *Announces the appointment of a new director, increase and syndication of its. million from $155 million* Source text for Eikon* Further company coverage.
May 6- HMS Holdings Corp:. *On may 3 entered into a $500 million five-year, amended and restated revolving credit agreement- SEC filing. *Source text:* Further company coverage.
May 6- General Communication Inc:. *Entered into third amended credit and guarantee agreement providing $240. million term loan, $150.0 million revolving credit facility.
May 6- RMP Energy Inc:. *Says increased the credit facility to $140 million from $110 million, a 27%. *Says next borrowing base re-determination is scheduled for November 2013.
*Completes amendment to senior secured credit facility. *Increased aggregate amount available there under facility from $1.4 billion. *Says $1.35 billion under the revolving credit facility and $450 million of.
ISTANBUL, May 6- Turkish lender Isbank said on Monday it mandated an international consortium of banks to issue a euro and dollar-denominated syndicated loan.
Will an improving jobs picture be a headwind for low mortgage rates? Bill Emerson, Quicken Loans CEO, weighs in.
*On April 30,2013 co entered into a five year credit agreement to replace. prior $560 million revolving credit facility- SEC filing. *Credit agreement provides co with $575 million in revolving credit.