White Oak expands asset-based lending capabilities

White Oak CEO Andre Hakkak says: “White Oak is focused on growing its asset-based lending platform to serve the tens of thousands of companies that require debt financing in the US and globally that are currently underserved by traditional capital sources. FNCC has built a strong business serving
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Where lenders once struggled to assess risk efficiently due to limited financial documentation, interest rates were once considerably higher than those on secured loans. But nowadays, most lenders offering fully unsecured loans have technology in place which quickly sifts through financial documents
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Simply put, it would be trend-setting for a department store development. Then the Minneapolis-based retail giant began its infamous retreat from the Canadian market in 2015, closing 133 stores totalling about 20 million square feet. It left a massive hole in the country's retail real estate market. What had
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HOUSTON (AP) _ Stewart Information Services Corp. (STC) on Thursday reported fourth-quarter profit of $15.1 million. The Houston-based company said it had profit of 64 cents per share. Earnings, adjusted for one-time gains and costs, were 75 cents per share. The title insurance and real estate
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David Sullivan was named head of strategic partnerships, North America, at Schroders, a spokeswoman said. It is a newly created position. Mr. Sullivan, who is based in New York and will work on sourcing capital for U.K. and European real estate strategies from North America, will report to Duncan
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Salt Lake City, which hosted the Winter Olympics in 2002, has put its hat back in the ring for the 2026 or 2030 Games. If it succeeds, that will put it in a fairly exclusive club. Only seven cities have hosted the Olympic Games more than once: Athens (1896 and 2004 Summer Olympics), Paris (1900, 1924,
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We've all been there. You get a craving for food you know is bad for you, but you're just too lazy to peel yourself from the couch to go get it. Good news: Now it can come to you. Yum Brands (yum, -0.81%), the parent company of KFC and Taco Bell, has struck a delivery deal with GrubHub to roll out
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Among smartphone users in the U.S., nearly two-thirds have at least one financial app. That's according to a new survey by Bankrate that asked Americans about their use of finance-related apps, including those from traditional banks and fintech players. In the decade or so since smartphones were
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The European Parliament said Europe should consider ending daylight-saving time because of potential benefits for human health. The European Union assembly urged the bloc's regulators to re-evaluate the merits of the decades-old practice of capitalizing on natural daylight by putting clocks forward
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As Ginnie Mae, the “vast majority” of the loans originated under VA, Federal Housing Administration, and Department of Agriculture housing programs are securitized through the Ginnie MBS platform. “The churning practices witnessed in recent years are damaging to Ginnie Mae MBS because they
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Global central bankers aren't being knocked off their monetary policy paths by this week's turbulence in stocks. After investors woke up to the likelihood that officials are serious about pulling back stimulus this year to control inflation, Bank of England Governor Mark Carney declared on Thursday that he
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Yes, since you paid off the first reverse mortgage. Any interest accrued on a reverse mortgage is not deductible until you actually pay …
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As a macroeconomic researcher who has spent the last few years investigating the dark side of Australia's $1.7tn mortgage market, I can tell you it's not a pretty sight. While illegal misconduct by mortgage lenders appears systemic, what is even more concerning is that our financial regulators, such as the
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Long-term US mortgage rates rise for fifth straight week. By Associated Press By Associated Press. Business. February 8 at 10:42 AM. Long-term U.S. mortgage rates rose for the fifth straight amid investors' worries about inflation. Copyright 2018 The Associated Press. All rights reserved. This material
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NEW YORK (Reuters) – Bankers are gearing up to finance an expected wave of new spinoff deals as US companies such as General Electric and Honeywell International consider shedding businesses to streamline and enhance profitability after a busy January for mergers and acquisitions (M&A).
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Diamond Hill Capital Management Inc. boosted its stake in shares of Endo International by 46.8% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 716,670 shares of the company's stock valued at $6,138,000 after buying an additional 228,426 shares during the period. Parametric
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A senior German central banker has urged UK banks to hasten their Brexit plans and apply for EU banking licences, warning they could be left “high and dry” if they wait on hopes for an EU-UK agreement for financial services. Andreas Dombret, a Bundesbank executive board member, said on Thursday
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SAN FRANCISCO, Feb. 08, 2018 (GLOBE NEWSWIRE) — The sophisticated and beautifully remodeled home at 314 Liberty Street in Dolores Heights has just been listed by Debra Christoffers. Built in 1970, the luxurious property was extravagantly remodeled in 2016 with elegant finishes, fixtures and
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Medical Properties Trust Inc (NYSE:MPW), a US$4.51B mid-cap, operates in the real estate industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. Real estate investment trust, or a REIT, is a
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Chevy Chase Trust Holdings Inc. lowered its position in shares of Robert Half International Inc. (NYSE:RHI) by 1.3% in the fourth quarter, according to its … SunTrust Banks downgraded Robert Half International from a “buy” rating to a “hold” rating and set a $52.00 target price for the company. in a report
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