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The effects of subsidised flood insurance on real estate markets

BankUnderground

million properties built before 2002 and sold multiple times. In our regression, we interact this flood exposure with a binary variable capturing the time period when Flood Re was operating. We employ a ‘repeat sales approach’ examining only those 1.5 Specifically, we regress the change in property price on their exposure to flooding.

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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. We believe any change to the FDIC insurance coverage should aim to maintain and advance our credit markets. The post Should Congress Increase FDIC Insurance Limits?

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How Banks Can Better Use Grid-Based Pricing

South State Correspondent

The graph below shows the Fed’s balance sheet from 2002 to the present. The benefit to a community bank is that FTP and decreasing liquidity in the market make each incremental basis point of margin from either a loan or deposit almost equally profitable. The Fed is reducing its balance sheet by $95B/mo, or $1.1T

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

Data from S&P Global Market Intelligence listed department stores as the highest likely candidates to default on debt , with a 42 percent chance of doing so. True Religion was founded in 2002 with a headquarters in Malibu Beach, California. The retailer has around 100 stores still operating in the U.S.

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Average Age Of US Vehicles Nears 12 Years

PYMNTS

Research from IHS Markit shows that the average age of “light vehicles” in operation in the U.S. That’s a dramatic increase, considering that in 2002, the U.S. Americans seem to be holding onto their cars for longer periods of time. has risen to 11.9 Today, 25 percent of cars in the U.S.

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Citizens Advice Files Complaint With British Regulator

PYMNTS

As a result, it wants the Competition and Markets Authority (CMA) to look into the matter. ” The claim is the fourth such complaint the organization has made as of 2002. The group had contended that consumers were being “ripped off” if they didn’t switch providers, Reuters reported. billion annually.

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US Seeks International Support on Crypto-Linked Crime

PYMNTS

In addition, fraudsters use the lure of coin offerings and the promise of new currencies to bilk unsuspecting investors, promote scams and engage in market manipulation.”. In terms of cross-border activity, lenders that operate with the U.K. as their home base must have EU subsidiaries in place.

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