Monday, 13 January 2025

Finance & Mortgage

S&P report looks at credit quality in European real estate

Strong portfolios and benign funding conditions in the relatively low-geared segment of European real estate make for a stable ratings outlook among rated real estate investment trusts (REITs) and developers in the region. What's more, these factors should support the creditworthiness of issuers in this industry through 2012, says a report published earlier today titled "Rising Debt Costs And Investment Pipeline Uncertainties Threaten Stability Of European Real Estate Sector."

China's Housing Minister emphasizes property cooling policy

China's main real estate regulator said it will maintain current restrictions on property sales, according to a report in Xinhua news on Tuesday.

Same-sex spouses may face financial tangles in the U.S.

Christel de Vries, a Dutch outsourcing manager for Accenture, sealed her love for her female partner twice, once in 2001 in Amsterdam under Dutch law and again in 2007 in a civil union in New Jersey. Yet under U.S. federal law, she isn't married — and that is creating obstacles in her divorce.

EDITOR'S PICKS

Real estate confidence grows, two-thirds of buyers open to foreclosures

Confidence in the real estate market continues to grow in 2011, according to a recent study by a recent study by Realtor.com.
By Staff Reporter
China housing prices down for ninth consecutive month

Housing prices in 100 surveyed Chinese cities fell 0.31 percent in May from April for the ninth straight month, according to data from the China Index Academy.
By Staff Reporter
France plans to limit rent hikes

In a bid to uphold his election campaign promises, French President Francois Hollande is preparing a decree that may limit rent increases.
By Staff Reporter
Asian real estate market cooling

Real estate markets across Asia are cooling, according to a recent study by real-estate firm Knight Frank.
By Staff Reporter
SunTrust Mortgage settles racial lawsuit for $21 Mln

SunTrust Mortgage has agreed to pay $21 million to settle a federal lawsuit alleging racial discrimination in its lending practices against Hispanics and African Americans.
By Staff Reporter
Low mortgage rates attract more short-term borrowers

As mortgage rates drop to record lows, more homeowners are refinancing into 15-year loans in a bid to pay off their debt in time for retirement.
By Staff Reporter
European commercial landlords unable to pay loans: Moody

Landlords of commercial properties in Europe are under pressure to repay mortgages as banks withdraw from refinancing the loans, according to Moody’s Investors Service.
By Staff Reporter
Mortgage rates fall to record lows: 15-Year Below 3 Pct

Average U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for the first time ever.
By Staff Reporter
Dubai Nakheel reports $98.6 Mln profit in first quarter

Dubai Nakheel, the state-controlled builder of artificial islands off Dubai’s coast, reported a first-quarter profit after a year-earlier loss as it delivered more completed properties to buyers and cut costs.
By Staff Reporter
TEXT-S&P Summary: Evergrande Real Estate Group Ltd.

The rating on Evergrande Real Estate Group Ltd. reflects the company's aggressive growth appetite, debt-funded expansion, short operating and financial management track record as a large-scale developer, and weak corporate governance history. Evergrande's high-volume and large-project-size business model could expose the company to execution risk in small markets. The company's large, low-cost, and geographically diversified land bank, competitively priced products, and good execution because...
By Staff Reporter