Specialist arrears management needed

Culhane, Mike
December 2007
Mortgage Strategy;12/3/2007, p34
Trade Publication
The article presents the author's views on the need of debt management for mortgage companies in Great Britain. He states that borrowers who were used to spending across credit cards, personal loans, overdrafts and even remortgaging are in for a rude awakening as slower house price growth means less equity to bail them out of the predicament they are involved with.


Related Articles

  • Diversify to help clients through crisis. Ridge, Rob // Mortgage Strategy;12/3/2007, p34 

    The article presents the author's views on how mortgage companies can diversify to aid clients with financial situations in Great Britain. He states that individual voluntary arrangements and debt management schemes are effective in helping over-committed clients who may face having their home...

  • Telewest unveils debt/equity swap.  // Utility Week;10/4/2002, Vol. 18 Issue 14, p6 

    Reports on the debt-for-equity swap agreement between Telewest and its bondholders in October 2002. Terms of the agreement; Assessment of the financial status of the telecommunication company; Significance of the agreement to the company.

  • Marconi hopes for extra two years on bank loans. Reynolds, Melanie // Electronics Weekly;1/23/2002, Issue 2036, p2 

    Reports that telecommunication company Marconi is renegotiating its long-term financing with its banks to extend loans from 2003 to 1005. Amount of debt; Financial results as of December 31, 2001; Deals secured by the company.

  • An Empirical Analysis of the Determinants of Corporate Debt Ownership Structure. Johnson, Shane A. // Journal of Financial & Quantitative Analysis;Mar1997, Vol. 32 Issue 1, p47 

    I examine the relation between corporate debt ownership structure and several firm characteristics suggested by recent theory. The results demonstrate the importance of monitoring and information costs, the likelihood and costs of inefficient liquidation, and borrowers' incentives in affecting...

  • CardioNet raises $81 million, at lower range of IPO expectations.  // Medical Device Daily;3/21/2008, Vol. 12 Issue 56, p1 

    The article reports on the announcement by medical equipment maker CardioNet, that it raised nearly $81 million with its initial public offering of 4.5 million shares. According to the company the net proceeds will be used to repay debt, for research and development and to buy or license...

  • Debt factored in. Sibillin, Anthony // BRW;3/12/2009, Vol. 31 Issue 10, p14 

    The article focuses on the debtor financing schemes and debtor insurance turned into by business enterprises to protect themselves from firms that fail to pay up their debts. It notes that the turnover for debtor financing increased by 14% for the December 2008 quarter, according to the...

  • Net debt worsens. Ryan, Brendan // Finweek;8/6/2009, p29 

    The article reports on the worsening net debt of Anglo Platinum Ltd. (Angloplat) in South Africa (SA). Angloplat reports a 95% decrease in headline earnings to 169 cents per share. It notes that the company's net debt hit 18 billion rand from 5.9 billion rand per year. Moreover, its share price...

  • Tradewinds' AUM falls 72% in 10 months. Diamond, Randy // Pensions & Investments;12/24/2012, Vol. 40 Issue 26, p3 

    The article focuses on the investment management firm Tradewinds Global Investors LLC and the fall of its assets under management (AUM) after the announcement that chief investment officer (CIO) David Iben was leaving the company. Information is provided on the firm's financial performance and...

  • Tory action plan could affect data laws. Atkinson, Rebecca // Mortgage Strategy;11/27/2006, p13 

    The article reports that data protection laws on consumer's financial circumstances could be scrapped under a Conservative government to promote responsible lending in Great Britain. During the Conservative debt summit held in November 2006, six action plans were outlined to clamp down on...


Read the Article


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

Try another library?
Sign out of this library

Other Topics