Sections SEARCH Skip to content Skip to site index Subscribe Log In Log In Today’s Paper DealBook | DealBook Briefing: Inside Trump and Deutsche Bank’s Checkered History Advertisement DealBook Supported by March 19, 2019 Good Tuesday morning. (Was this email forwarded to you? Sign up here .) Trump and Deutsche Bank’s cozy tie-up President Trump has long enjoyed the backing of one major lender: Deutsche Bank. David Enrich of the NYT has taken a deep look into their often turbulent relationship — which is now under investigation by prosecutors and Congress. Deutsche Bank courted Mr. Trump when no one else would. He had already gone bankrupt, and no Wall Street lender would back him. But bankers at Deutsche like Mike Offit and Justin Kennedy (the son of Justice Anthony Kennedy) lent him millions. Mr. Trump rewarded some bankers, after some prompting, with a trip to his Mar-a-Lago resort. … [Read more...] about DealBook Briefing: Inside Trump and Deutsche Bank’s Checkered History
Home loan and investment bank
Sections SEARCH Skip to content Skip to site index Business Subscribe Log In Log In Today’s Paper Business | Trump and Deutsche Bank: $2 Billion in Loans, a Wary Board and Colorful Bankers Advertisement Supported by New details are emerging about the long, symbiotic and at times troubled relationship between the president and his loyal German bank. ByDavid Enrich March 18, 2019 For nearly two decades, Donald J. Trump relied on Deutsche Bank to lend to him when other banks wouldn’t. Deutsche Bank, eager to expand in the United States, made a decision to repeatedly take a risk on him. Much has been written about their relationship, which is now under investigation on Capitol Hill and by the New York attorney general. Here are some of the new revelations from The New York Times’s investigation into Mr. Trump’s ties to Deutsche Bank. The Full Story on the Deutsche Bank-Trump … [Read more...] about Trump and Deutsche Bank: $2 Billion in Loans, a Wary Board and Colorful Bankers
The value of new investor home loans in Australia has fallen nearly 50% in just three years. Much of the decline has been concentrated in New South Wales and Victoria, those capitals previously favoured by investors. While initially driven by tighter lending standards, recent declines likely reflect reduced demand from borrowers. The total value of new home loans has fallen 25% from the peak seen in 2017. If you want to know why home prices in Sydney and Melbourne fell the fastest of any Australian capital city last year, this chart goes someway to answering that question. From the National Australia Bank (NAB), it shows the value of new investor home loans issued across the country. In New South Wales and Victoria, the value of investor lending has basically collapsed, helping to explain why total lending to investors nationwide has fallen by nearly 50% in less than three years. While there are many factors behind the steep decline, the impact of macro-prudential … [Read more...] about The stunning collapse in investor home loans across Australia, in one chart
SECTIONS Search E-edition Customer Service Advertise Newsletters News News Local Crime Databases Education Election Politics Nation/World Special Reports North Carolina South Carolina Corrections Columnists Retro Charlotte Your Schools All Blogs & Columns Sports Sports Carolina Panthers Charlotte Hornets That's Racin' High Schools College Sports Charlotte Knights/MLB Other Sports Blogs & Columnists Inside the Panthers Inside the NBA Prep Insiders Scott Fowler Tom Sorensen All Blogs & Columns Politics Politics Elections The North Carolina Influencer Series RNC 2020 Business Business Banking Stocks Center Top Workplaces National Business What's in Store Development All Blogs & Columns Living Living Religion Food & Drink Health & Family Home & … [Read more...] about What the diverging fortunes of BofA and Wells Fargo mean for Charlotte and the banks
Sections SEARCH Skip to content Skip to site index Your Money Subscribe Log In Subscribe Log In Today’s Paper Your Money | Risky Home Loans Are Making a Comeback. Are They Right for You? Supported by Wealth Matters ByPaul Sullivan Dec. 14, 2018 Interest rates have started to rise, and the housing market is cooling off, a combination that is putting a squeeze on mortgage lenders. Now, some of them are turning to more complicated loans, a remnant of the last housing boom, to bolster their business. These risky offerings fall under the umbrella of non-qualifying loans, meaning they do not conform to standards set by the Consumer Financial Protection Bureau. But lenders are starting to push the loans on borrowers, who are using them to get into homes that may be bigger and more expensive than what they could otherwise afford. One popular loan is the interest-only adjustable rate mortgage, with which a borrower … [Read more...] about Risky Home Loans Are Making a Comeback. Are They Right for You?