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Capital Servicing initially commenced operations as a special servicer, focusing on asset work-out for non-performing loan portfolios for U.S. investment banks, but as the Japanese distressed debt markets matured, it developed its primary servicing and real estate asset management functions shortly thereafter.
A non-performing loan (NPL) is a bank loan that is subject to late repayment or is unlikely to be repaid by the borrower in full. Non-performing loans represent a major challenge for the banking sector, as they reduce profitability. [ 1 ]
The Swedish authorities engaged McKinsey & Company to help design a solution, and chose to establish two bad banks, Retriva and Securum. Retriva took over all the nonperforming loans from Gota Bank and Securum took over the non-performing loans from Nordbanken, with the good bank operations continuing as Nordea. The government retained a ...
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
Hoist Finance is an asset manager specialised in non-performing loans. For more than 25 years, Hoist Finance has focused on investing in and managing debt portfolios. The company is a partner to international banks and financial institutions across Europe, acquiring non-performing loan portfolios.
Hard money loans: A hard money loan is a non-conforming loan providing a borrower with short-term funding. Real estate investors often seek them out because they need money to flip a property, but ...
China Orient Asset Management Co., Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.
IndyMac had suffered its third-consecutive quarterly loss. The bank reported that nonperforming loans totaled $1.85 billion as of March 31, increasing 40.56% from just the previous quarter. In the 10-Q filing, the company stated it expected "to have an even higher level of non-performing loans in the future due to the continued market ...