GOP Reps Demand Biden’s Green Loan Office Stop Lending Amid Lame Duck Bonanza
Republicans on the House Energy and Commerce Committee are calling on the Department of Energy's (DOE) Office of Green Technology Lending to halt lending amid the huge success of lame-duck loans. Republican Reps. Cathy McMorris Rogers (Washington State), Jeff Duncan (South Carolina), and H. Morgan Griffiths (Virginia) sent a letter to DOE Loan Program Office […]
Lloyds Forms Direct Lending Partnership With Oaktree Capital – PYMNTS.com
Lloyds Bank and Oaktree Capital Management They worked together to help “medium-sized sponsor-backed borrowers” in the UK. collaboration, Announced On Thursday (18 July), Lloyds’ structured debt finance team will work with Oaktree’s European private debt platform to offer clients term debt, acquisition and working capital facilities, as well as new acquisition and refinancing solutions with […]
Mortgage lending took a huge dip in Q4, but there’s hope for spring housing: report
Housing supply is improving as the spring home buying season approaches. (iStock) Mortgage lending continued to decline significantly in the fourth quarter of 2023, but recent reports indicate that things are starting to turn around. According to the newspaper, soaring house prices, soaring borrowing costs and weak housing supply have pushed lending rates to their […]
Unregulated NY lawsuit lending industry is causing ‘crisis’ in real estate world: Building, real estate groups
Two powerful building and construction groups have accused New York’s unregulated, multibillion-dollar industry of promoting dubious litigation and creating a “crisis” in the real estate world. Associated Builders and Contractors (ABC-NYS) and the Real Estate Board of New York (REBNY) are reforming “third-party litigation financing” to promise potential plaintiffs a quick cash advance (money they […]
ECB to rely more on bank lending as it shrinks balance sheet – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. The European Central Bank has announced one of the biggest overhauls of its relationship with the financial system in a decade, outlining plans to increase lending to commercial banks while shrinking its vast bond portfolio. ECB Board […]
Hunter Biden Praises ‘Sugar Brother’ Kevin Morris for Lending Him Money
Hunter Biden on Tuesday praised attorney and so-called “sugar brother” Kevin Morris for lending him money to deal with his massive legal problems. Morris recently emerged as a key figure in the House impeachment inquiry into the Biden family. Just the News reported in October that Morris controls a 10% stake in a client of […]