Johor Forest City project off limits to foreign buyers: Mahathir

Johor Forest City project off limits to foreign buyers: Mahathir

KUALA LUMPUR: Malaysian Prime Minister Mahathir Mohamad on Monday (Aug 27) declared that foreigners will not be granted visas to live in the
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CBA, Bankwest, Heartland warned by ASIC over reverse mortgages

ASIC has flagging heightened scrutiny of the stigmatised reverse mortgage product, which allows elderly people to borrow using the equity in their
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Wells announces cuts to home mortgage business

In an emailed statement, a spokesperson for Wells Fargo said that 638 positions will be cut in total. In February, the Federal Reserve announced that it
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Woman Nearly Loses Home After Mortgage Company Mix-Up

NASHVILLE, Tn. – If you're like a lot of people, you pay your property taxes through your monthly mortgage payment. But a woman who trusted her
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UAE introduces global e-mortgage facility to the world

The system can be used in other applications such as housing loans, commercial funding, security mortgage, mortgage redemption.
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Improving Efficiencies in Mortgage Servicing

Improving Efficiencies in Mortgage Servicing … helped her firm reach fast, consensual solutions with homeowners struggling to pay their mortgages.
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Low equity mortgage lending hits highest level since 2013

28 (BusinessDesk) – Low equity mortgage lending hit the highest level in July since the Reserve Bank imposed loan-to-value ratio restrictions in 2013,
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Reverse mortgages help, but risks remain

Reverse mortgages can help older Australians stay in their homes but they risk being unable to pay for their future financial needs, particularly if
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Banks taking 'tick-box' approach to reverse mortgage risks: ASIC

Banks have been granting reverse mortgages that risk eroding retirees' wealth without checking how they'll afford future costs such as aged care, the
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Wells Fargo lays off 25 in Billings, nearly 700 nationwide

The layoffs were part of a larger, company-wide mandate that saw Wells Fargo trimming nearly 700 employees from home mortgage departments all
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Millennials In The Market: Tips For Saving To Buy A Home In New York City

… rate was 4.51% as of August 23, according to Freddie Mac. That is down from 4.66% in May, but it's among the highest rates from the last five years.
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Chief economist update: Famous last words

18, 2008 – (Two months before Fannie Mae and Freddie Mac collapsed and were nationalised) “They will make it through the storm.'” June 9, 2008
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