Cash loan

5 facts about Redwood Trust Investor Day

Redwood Trust (NYSE: RWT) is one of the oldest real estate investment companies (REIT) focused on mortgages. However, although it has a long history in the Mortgage REIT, or mREIT, his investor day was devoted to his disruptive vision for the future. Here’s a closer look at five of the …

Read More »

KBRA assigns preliminary ratings to BX 2021-XL2

NEW YORK–(COMMERCIAL THREAD) – Kroll Bond Rating Agency (KBRA) announces preliminary ratings assigned to seven classes of BX 2021-XL2, a single-borrower CMBS securitization. The collateral for the transaction is a $ 2.19 billion non-recourse first mortgage. The variable rate loan has an initial term of two years with three options …

Read More »

NAIC stress tests US insurers’ guaranteed loan obligations

The U.S. standards body, the NAIC, released its stress test results on U.S. insurers’ exposure to collateralized loan bonds (CLOs) at the end of 2020. The 2021 stress tests examined the resilience of CLOS in three different scenarios. The 2020 end-of-year stress test reflects the findings of the 2019 end-of-year …

Read More »

Fake job offers, fake checks trap job seekers

Alan Garfield-Turner thought he had a head start on a good job. All he had to do was find people who needed to borrow money and he would get paid to build those relationships. Payroll? He was supposed to get $ 250 for finding five people who needed personal or …

Read More »