Property Finance (July 20-26): Dealing with 2008 Maturities (CoStar Group) In this week's issue: Macerich clears out most 2008 maturities. Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months. Macerich Clears Out Most 2008 Maturities The Macerich Co. in Santa Monica...
Crunch fails to shake demand for IPF loans (Financial Times) The company, which was demerged from Provident Financial last year and offers small loans, said credit quality remained stable and that pretax profits jumped to £22.1m ($44m, €28m) on a pro forma basis in the six months ended June 30 against £12.3m last time.
Finance: Point-of-sale loans up by 6% (AM Online) Dealers are starting to win back point-of-sale finance revenue after years of decline because car buyers are finding it harder to get loans from direct lenders.
Commerce Commission investigating Hanover Finance (The New Zealand Herald) The Commerce Commission has announced it is investigating Hanover Finance, which yesterday froze $554m of investors' money. The Commission said the inquiry was into whether Hanover Finance has breached the Fair Trading Act by misleading prospective investors or the public generally.
