Interbank Yield Curve: 28th September 2010 It has been a while since I posted on the yield curve, the main reason was that I lost my daily treasury letter from Bank of Scotland w... Continue reading
Why a borrower bailout is not likely The EBS is on the block and there have been countless headlines regarding the idea that debts might get written down by Wilbur Ross if ... Continue reading
Is keeping families ‘in the home’ merely keeping them in the fire? You must question the morality of ‘keeping people in the home’ when doing so will push them deeper into debt they already can’t afford.... Continue reading
Hugh Hendry talking Hedgies The inimitable Hugh Hendry talking about his own industry, I find him to be a really straight talker who doesn't mince his words. Love ... Continue reading
Sunday Time: OpEd on Mutual Building Societies The Sunday Times ‘Money’ section ran an opinion piece by Irish Mortgage Brokers on Mutual Building Societies in which we lamented the e... Continue reading
KBC move to 90% LTV This is a very healthy sign for the mortgage market, and in our opinion it could mean that 2010 might mark the low point for credit tha... Continue reading
‘Riba’ or Interest Often we hear that under Islamic finance 'interest' is illegal (it is technically 'Haram' or unlawful), the term in Arabic is 'Riba' an... Continue reading
Mudaraba Deposits – Sharia’a compliant finance The Mudaraba contract is essentially a contract partnership in Islamic Finance, the Prophet (PBUH) forbid riba or interest, and for tha... Continue reading
Banks won’t offer 25% off your mortgage for your tracker The story today from the Examiner by Stephen Rogers is worth a read, but at one point the IBA chief Ciaran Phelan states “Banks may st... Continue reading