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GMAC scoops securitisation award

GMAC-RFC has been named issuer of the year 2006 at the annual International Securitisation Report awards.

The award recognises GMAC-RFC establishing new structures, entering new markets and lending new products.

GMAC-RFC is the only lender in offering mortgage product across the full spectrum of credit in a number of jurisdictions under the same brand name.

Stephen Hynes, capital markets director of GMAC-RFC, says: “We are delighted to receive this award.”


Crash prediction misses the point

A prediction that a terminal crash in the housing market will undermine confidence in property investment forever is likely to be wide of the mark, says Sally Laker

Borrowers should not get themselves in a fix

As lenders fall over themselves to pull, reissue and reprice their fixed rate offerings in the wake of the recent interest rate rise it’s hardly surprising that two themes are emerging.

Things don’t feel good in US mortgageland

If David Beckham was a mortgage banker he would cancel his $250m contract to play in Los Angeles and stay home among the safe confines of a stable loan and real estate market. Folks, to put it bluntly – the US mortgage market is looking dicey right now.

B2l measures up

As demand has grown a wider range of landlords have got involved in buy-to-let and lenders have been quick offer tailored solutions, says Paul Rockett

India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.


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