Portland Press Herald / Contributor/Getty Images A nonperforming asset (NPA) is a loan or debt instrument where the borrower has defaulted on the payments. In other words, the lender has not ...

Is an "act of God" a legitimate defense to excuse the nonperformance of a home purchase contract? Find out in this week's real estate law column.

This paper reviews the history of Japan's experience on the prolonged disposal of the nonperforming loans and summarizes a new theory of debt overhang. The disposal of the nonperforming loans was ...

Over the last 7 days, the United States market has risen 1.2%, and over the past 12 months, it is up by a notable 30%. In ...

PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as ...

Even though Reserve Bank of India Governor Urjit Patel feels “further scope for a more complete transmission of policy impulses remains”, banks hold a different view. S Raman, the chairman and ...

HONG KONG -- China's regional banks are moving faster than big institutions in disposing of nonperforming real estate loans, while the government urges them to lend more to support a weak housing ...

Saudi banking sector is one of the major beneficiaries of economic diversification drive which aims at reducing reliance on ...

Mark Zuckerberg, CEO of Facebook Inc, told an audience at the China Development Forum in Beijing on Saturday that he predicted more great advances for AI within the next decade. Different forms of ...

KBRA releases its second-quarter 2024 U.S. Credit Union Compendium, providing the latest view of the U.S. credit union (CU) sector and analysis of 2Q24 results for KBRA-rated CUs.

China's financial sector has serious heartburn. For decades, Beijing has leaned on its state-controlled banks to turbo-charge ...

The RBA is expected to hold rates at 4.35%. Investors await key insights from the press conference to gauge AUD/USD movement ...