TITLE

Bridging loans rise along with bankruptcy levels

AUTHOR(S)
Milner, Leah
PUB. DATE
April 2007
SOURCE
Mortgage Strategy;4/9/2007, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in the demand for bridging loans as the levels of bankruptcy also increases in Great Britain. According to Affirmative Finance, over 100,000 people experienced bankruptcy in the region for 2006 while almost 30,000 have declared insolvency just for the period between January and March 2007. It is claimed that bridging finance can be used by brokers to avoid clients' bankruptcy proceedings or to clear their outstanding debts.
ACCESSION #
24774651

 

Related Articles

  • CLO Managers Buy Time with Delayed Draws. Bisbey, Allison // High Yield Report;7/8/2013, p16 

    The article reports on the increasing interest of collateralized loan obligation (CLO) managers in investing in delayed-draw funding to finance corporate activities in 2013. It mentions that the managers use the funding to address the increasing demands for non-investment grade corporate loans....

  • Why we need more solar companies to fail. BULLIS, KEVIN // Finweek;4/4/2013, p22 

    The article focuses on the advantage of the failure of solar companies to help bring the solar panels' supply back in line with demand. It cites Suntech, a solar panels producer in China, which is on the edge of bankruptcy and is saddled with billions of dollars payments in loans. It adds that...

  • A Disaggregated Model of the Residential Mortgage Market. Kent, Richard J. // Southern Economic Journal;Jan81, Vol. 47 Issue 3, p714 

    The purpose of this paper is to develop a model of the residential mortgage market, with primary emphasis on the differences between the home and multifamily mortgage markets. In studies of the housing market it has been found advantageous to disaggregate single-family and multifamily housing...

  • Underbanked Market Expands, Boosted by Subprime Car Loans: Report. Broughton, Kristin // American Banker;12/12/2014, Vol. 179 Issue F347, p00 

    The article reports that the market for the serving underbanked customers expanded in 2013 primarily because of a rising demand for subprime auto loans.

  • Second Liens Not Guaranteed Second Place. G. S. // Bank Loan Report;4/2/2007, Vol. 22 Issue 13, p1 

    The article reports on issues related to second-lien loans, the proverbial middle child of the credit family in the U.S. According to participants in a Fitch Ratings panel in New York in April 2007, the second-lien loan appears to be second place to the recovery throne. Meanwhile, Fitch report...

  • Testing the Validity of a Demand Model: An Operations Perspective. Besbes, Omar; Phillips, Robert; Zeevi, Assaf // Manufacturing & Service Operations Management;Winter2010, Vol. 12 Issue 1, p162 

    The fields of statistics and econometrics have developed powerful methods for testing the validity (specification) of a model based on its fit to underlying data. Unlike statisticians, managers are typically more interested in the performance of a decision rather than the statistical validity of...

  • DEMAND DOWN IN THE U.K.  // National Mortgage News;1/27/2003, Vol. 27 Issue 18, p17 

    Reports on the low demand for home equity and purchase loans in Great Britain.

  • Financing to boost China's high-end sales.  // Market: Asia Pacific;Feb2004, Vol. 13 Issue 2, p6 

    Reports on the emerging financial maturity of China as of February 2004 as it establishes a framework for consumer lending by non-bank institutions. Sector that will benefit from the financing options; Barrier to large-scale financing; Growth in internal demands for finished goods; Demographic...

  • CREDIT RATIONING, INTEREST RATE LAGS, AND MONETARY POLICY SPEED. Tucker, Donald P. // Quarterly Journal of Economics;Feb68, Vol. 82 Issue 1, p54 

    Deals with a temporary credit rationing effect embodied in a dynamic macroeconomic model with market clearing tags. Effects of an open market sale by monetary authorities; Formulation of the product demand and borrowing demand functions; Linear model of aggregate demand containing a single...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics