Sentences with phrase «credit crisis which»

The mortgage and credit crisis which exploded onto the scene in 2007 has eliminated bad credit and bruised credit mortgage loans.

Not exact matches

They're also a potentially important move for banks, which have been criticized for moving too slowly to provide credit to small businesses in the wake of the financial crisis.

As part of United's crisis management, the airline said late Wednesday that all passengers on Sunday's United Express Flight 3411 are getting reimbursement equal to the cost of their tickets, which can be taken in cash, travel credits, or miles.

After a slow and steady recovery following the housing crisis of 2008, Leibowitz explains that American consumers generally had fewer problems with their mortgages, better employment prospects, and greater access to credit, which made them less likely to file.

In France, 16 huge - net - worth types, including L'Oreal SA heiress Liliane Bettencourt and Total SA chief executive Christophe de Margerie, signed a petition calling for a «special contribution» by the super-rich to help the country through its current budget crisis, which threatens France's AAA credit rating.

Lending data for September, which were published earlier Thursday, are also likely strengthen the ECB «s confidence, as they showed bank credit to Eurozone companies and households growing at the fastest pace since the start of the financial crisis.

He's credited with one of the greatest investments of all time in his risky buyout of petrochemicals maker LyondellBasell, which he purchased out of bankruptcy amid the financial crisis for north of $ 2 billion.

Many central banks, especially during the most acute phases of the crisis, also employed policies known as «credit easing,» which involves purchases of private sector assets in certain credit markets that are important to the functioning of the financial system but are temporarily impaired.

I pulled some charts and data from the Federal Reserve Bank of New York which shows that another credit crisis is not right around the corner.

Until we understand this do not expect the global crisis to end anytime soon, except perhaps temporarily with a new surge in credit - fueled consumption in the US (which will cause the trade deficit to worsen) and more wasted investment in China (which, because it is financed with cheap debt, which comes at the expense of the household sector, may simply increase investment at the expense of consumption).

This pales in comparison to credit default swaps, which had a notional value that was 100 % of global GDP prior to the 2008 financial crisis.

Obviously this set of scenarios — in which GDP grows on average at rates between 3 % and 6 % for ten years while credit efficiency is improved so dramatically that in 5 - 6 years China begins to deleverage and by the end of the period these growth rates can be maintained with no growth in credit — is theoretically possible, but just as obviously it is highly implausible, and I can not think of any country in history that has achieved such a turnaround in its financial sector without having first experienced a brutal financial crisis.

After the financial crisis, global bank regulatory bodies established a number of new banking regulations which are having important effects on the credit machine.

The global financial crisis which occurred about a decade ago is credited with inspiring the invention of Bitcoin (BTC).

The 1986 U.S. tax reforms, which are credited with boosting productivity and growth in the 1990s, are also viewed by some as having precipitated the U.S. savings and loan crisis.

Now that many African Americans in cities like Atlanta were foreclosed on during the subprime crisis, many of them have bad credit as a result — which means they can't buy homes the traditional way, and so are being offered contract - for - deed payments once again.

China's credit rating was downgraded one notch to A + by ratings agency Standard & Poor's (S&P), which cited increased economic and financial risks, following the significant rise in the country's debt levels since the global financial crisis.

1) I (Whitney Tilson) attended the always - excellent Ira Sohn conference on Monday and, as often happens, Bill Ackman and David Einhorn stole the show with two outstanding, incredibly - well - researched ideas, long Howard Hughes (which has been one of my largest positions since it was spun out of GGP when it emerged from bankruptcy after the credit crisis) and short Core Laboratories (CLB), respectively.

Scott Hannah, president of the Vancouver - based Credit Counselling Society, which helps consumers who are drowning in debt, says he's seen little evidence households have learned anything from the financial crisis.

The International Monetary Fund (IMF) has published very robust research involving more than 140 countries around the world which demonstrates that countries with extreme levels of inequality (1) tend to experience much slower rates of economic growth; and (2) are far more susceptible to the kind of severe financial / banking / credit crisis that America just went through five years ago.

Coordinated International Response to Financial Crisis: To keep world economy out of recession in 2009 and 2010, helped secure from G - 20 nations more than $ 500 billion for the IMF to provide lines of credit and other support to emerging market countries, which kept them liquid and avoided crises with their currencies.

To be fair, the credit crunch and the economic crisis which ensued simply helped shed light on an ongoing problem in public finance — excess spending.

The issue is a new subprime lending crisis waiting to happen, a practice that HBO host John Oliver blasted over the summer for offering the working - poor, with little or no credit, rates too good to pass up which ultimately leave individuals paying astronomical amounts for used vehicles.

Speaking on Long Island as part of a series of signing ceremonies around the state on Wednesday, Cuomo specifically credited the GOP - led chamber's anti-heroin task force, which launched in 2014, calling the measures a «major turning point» in the heroin crisis that has gripped parts of the state.

Created by the state in 2000 in reaction to Nassau's 1999 fiscal crisis, in which the county's credit rating dropped to near junk levels.

«Universal Credit is in crisis, Atos [which assesses health - related benefits] is out of control and now the Work Programme doesn't work.

In its report, the Constitution Committee rejects the notion that the tax credits affair amounted to a «constitutional crisis» and says that a «single Government defeat... does not seem a sound foundation upon which to base significant and lasting reform» in this area.

Andrew Breitbart — Credit Score Dating, an online dating site which provides... Following the financial crisis, the site experienced a surge in membership and a decline in the average age of members.»

The likelihood of that is the default risk or credit risk, which was a factor in the recent housing crisis.

The years from 2010 to 2015 marked a period of awakening for credit consumers, many of whom were victims of the financial crisis, which was triggered in part by shady banking and lending practices.

And before the credit crisis hit, we had an atmosphere which highly encouraged the popular scheme of making money by taking advantage of these 0 % rate offers.

The market has been strengthened since the financial crisis as all MIs have all implemented significant new capital requirements, or the Private Mortgage Insurer Eligibility Requirements (PMIERs), which are stress - tested financial and capital requirements established by Fannie Mae, Freddie Mac and the Federal Housing Finance Agency, enhancing MI's ability to assume mortgage credit risk in the future.

Bad credit is an indication that you are not only having current financial difficulties, which require urgent attention but that your history had a financial crisis as well.

The Wall Street Journal has a florid article, The Minds Behind the Meltdown, by Scott Patterson, which speaks directly to these two fears in the context of the recent credit crisis:

Yesterday, I read a Reuters article with the title, When Diversification Fails, which pretty much says the same thing: «since the credit crisis began in August 2007, these alternatives fell in lockstep with, or sometimes faster than, equities, driving volatility higher and amplifying losses of a risky portfolio.»

Which is actually a little bitter - sweet: If EIIB had been fully leveraged - up, it's debatable if it would have survived the credit crisis.

Due to to the current financial crisis, my credit card interest rate have jumped to 28 % from the promotional 10 %, which was supposed to be maintained as long as all payment were received on time.

This has proved to be a poor acquisition for the Group, and we acknowledge it, largely due to taking excessive credit risk, the impacts of which came to a head in the 2008 global financial crisis.

That is to say, i rather look at the underlying investment and decide for myself rather than trusting the credit ratings, which by the way still has not changed in the way it works during the 2008 crisis

The most obvious pure - play funds are listed in London — note most are funds of funds which are now in wind - down mode (as a consequence of wide - spread credit crisis gating in their underlying fund investments): Global Fixed Income Realisation (GFIR: LN), FRM Credit Alpha (FCAP: LN), Acencia Debt Strategies (ACD: LN) & NB Distressed Debt Investment Fund (NBDDcredit crisis gating in their underlying fund investments): Global Fixed Income Realisation (GFIR: LN), FRM Credit Alpha (FCAP: LN), Acencia Debt Strategies (ACD: LN) & NB Distressed Debt Investment Fund (NBDDCredit Alpha (FCAP: LN), Acencia Debt Strategies (ACD: LN) & NB Distressed Debt Investment Fund (NBDD: LN).

If you want to ensure credit cards are not causing a «crisis» (which they aren't) then monitor the rate of individual bankruptcy against credit card attachment.

Furthermore, the credit crunch related to the subprime mortgage crisis and the collapse of the housing bubble caused a flight to insured government bonds funds, which negatively affected prices of other non-insured bonds of varying credit quality.

The big moves of the market as a whole have usually been correlated with credit crises, which are part of the financial sector, not the tech sector.

Critics had been raising questions about administration proposals to regulate certain derivatives, such as credit - default swaps, which many blame in part for the financial crisis.

pdf) Dirk J Bezemer of Groningen University takes a scholarly look at which macroeconomic models helped anticipate the credit crisis and economic recession and which did not.

The major credit rating agencies (Moody's, Standard & Poor's, and Fitch) were very heavily criticized during the 2007 - 2008 financial crisis for giving perfect credit ratings (e.g. AAA) to bad subprime mortgage - backed CDOs — which ended up being a big contributing factor to the financial crisis.

The subprime mortgage crisis of 2007 — 10 stemmed from an earlier expansion of mortgage credit, including to borrowers who previously would have had difficulty getting mortgages, which both contributed to and was facilitated by rapidly rising home prices.

Staggered by losses stemming from the credit crisis, A.I.G. sought a $ 40 billion lifeline from the Federal Reserve, without which the company may have only days to survive.

Exactly how will we get from the credit crisis, which I think is coming in the next 12 — 18 months, to what I call the Great Reset, when the global debt will be «rationalized» via some form of nonpayment.

Remember, prior to their financial crisis, many of these consumers had never missed a single payment in their lives, which means they always had available credit to fall back on in a pinch.