Results show lenders' focus on asset quality

August 2007
Mortgage Strategy;8/13/2007, p31
Trade Publication
The article analyzes the financial results of major banks in Great Britain for the first six months of 2007. In all the results, the common theme points to the focus on the quality of mortgage assets. Banks also mention about the low levels of arrears and average loan-to-value ratios. Their common strategy is to tighten lending criteria with lower volumes of unsecured loans.


Related Articles

  • Near-Term Upside Potential For Financials.  // Emerging Europe Monitor: Central Europe & Baltic States;Jul2011, Vol. 18 Issue 7, p5 

    The article discusses the issue on eviction ban imposed by the banking industry in Hungary. It notes that this ban was intended for the non-paying mortgage payers. The government is initiating strategies to address this issue in an attempt to aid borrowers such as formulating a provision which...

  • Commercial Mortgage Servicers Getting Help from Outside Firms. Thangavelu, Poonkulali // National Mortgage News;11/3/2003, Vol. 28 Issue 8, p20 

    Suggests that U.S. mortgage services have started to outsource the collection and analysis of property operating statements in 2003. Outsourcing trends that emerged in the mortgage market in the U.S.; Traditional outsourcing of commercial mortgage servicing functions; Impact of outsourcing on...

  • APPENDIX D: Finances Worksheet.  // Complete Guide to Securing Your Own U.S. Patent: A Step-by-Step ;2007, p259 

    The article presents finances worksheet to evaluate income and expenses in mortgage payment that related to the book "The Complete Guide to Preventing Foreclosure on Your Home: Legal Secrets to Beat Foreclosure and Protect Your Home Now," by Martha Maeda and Maurcia DeLean Houck.

  • AKM Mortgages, Inc. Sanjian (William) Zhang; Paul, John W.; Xuan Huang // Issues in Accounting Education;Nov2013, Vol. 28 Issue 4, p1031 

    This case uses a real mortgage company that was once the tenth largest mortgage loan originator in the U.S. The case sheds light on some important accounting issues in the mortgage bank industry and on industry-specific business risks. Students are required to read AKM's financial statements;...

  • Fundings, Pipeline Grow at Countrywide. Quinn, Matthew // American Banker;11/9/2005, Vol. 170 Issue 216, p23 

    This article presents information about Countrywide Financial Corp.'s business statement covering September and October 2005. Countrywide's fundings were ahead 60% from last year's but October's fell by 4% from September's fundings. Nearly 47% percent of October's fundings came from...

  • Smaller Banks Quickly Shed Commercial Real Estate Risk. Fleming, Sibley // National Real Estate Investor;May2010, Vol. 52 Issue 4, p12 

    The article focuses on how smaller and middle-sized banks on how they shed off commercial real estate risk in the U.S. It states that banks that are in the ten billion dollars to 100 billion dollars asset range are cleaning up their balance sheets. It notes that small banks have reduced the...

  • Mich.'s Heritage Reports Drop. Jackson, Ben // American Banker;4/19/2006, Vol. 171 Issue 74, p5 

    The article looks at how Republic Bancorp Inc. of Ann Arbor, Michigan reported that its 2006 first-quarter earnings fell 5% from the same quarter last year, to $16.4 million. Noninterest income fell 34%, to $7.3 million. Republic attributed the drop to a 68% decline in its mortgage income,...

  • Business Loan Markets. Ergungor, O. Emre; Stepanczuk, Cara // Economic Trends (07482922);May2007, p26 

    The article reports on the financial performance of business loan markets in the U.S. The Federal Reserve Board's January 2007 survey of senior loan officers found no change in credit availability for businesses. It shows that banks continued to narrow their lending spreads of loan rates over...

  • Amended Reports Brighten View. Fajt, Marissa // American Banker;7/8/2008, Vol. 173 Issue 130, p6 

    The article reports that Franklin Bank, a subsidiary of Franklin Bank Corp., had to readjust its financial statements with the U.S. Federal Deposit Insurance Corp. (FDIC). Franklin is involved in an internal accounting investigation to resolve issues with its mortgage loans. It is the second...


Read the Article


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

Try another library?
Sign out of this library

Other Topics