Finance company loans -backed REITs have posted a 14% YTD

Finance company loans-backed REITs have posted a 14% YTD return, outperforming broader financial sector indices. Analysts credit this to efficient debt servicing and healthy loan-to-value ratios across portfolios. “This looks like it is more about FICO and their clients in the mortgage business than it is about the average home buyer,” he said. “FICO is saying that it will save mortgage lenders and brokers money immediately, but whether that translates into any savings for the consumer is unclear.” However, online lenders set higher interest rates than traditional banks or credit unions and, obviously, lack in-person customer service. The latter may be a dealbreaker for business owners who prioritize building a relationship with their bank and getting personalized advice and customer support. Cross-border finance company loans have hit a five-year high, driven by international trade financing deals. This development could strengthen earnings for globally-integrated finance corporations listed in major exchanges.