Oakwood Global Finance has been assigned servicer ratings for the first time by Fitch. Oakwood has been awarded two specific ratings: a Residential Special Servicer Rating of ‘RSS2-UK’, making it the highest Fitch-ranked provider of outsourced Special Servicing in the UK; and a Residential Master Servicer Rating of ‘RMS2-UK’, which is the first time Fitch […]
Standard & Poor’s has revised its outlook on Clydesdale Bank from stable to negative.
Lloyds Banking Group has confirmed it is holding talks with the government to set down terms for its take-up of the Treasury’s Asset Protection Scheme.
Shares in Lloyds Banking Group are taking a hit this morning as talks continue over the value of assets to be placed in the Treasury’s Asset Protection Scheme.
Traditional development finance must price in project and liquidity risk, but if your project is completed and you have begun selling units you could be eligible for cheaper funding, writes Matthew Tooth of Lendinvest. A product which prices purely for liquidity risk is one way to help developers lower their costs. This type of product allows […]