Newly introduced anti-graft law causes confusion among bankers

Newly introduced anti-graft law causes confusion among bankers

While some suggest that the employees and executives of commercial banks are subjected to the Improper Solicitation and Graft Act (also known as
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Central Bank yet to see first-time buyer proposals

Sharon Donnery noted that last year the Central Bank did review a plan by the minister to introduce a mortgage insurance scheme that would have
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Texas may have a record for hail, flooding losses

Mortgage giant Freddie Mac says the average 30-year fixed-rate mortgage dropped to 3.42 percent from 3.48 percent. The 15-year fixed-rate
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Orrico: Canadian Banks are in Good Shape

Dean Orrico, President & CIO of Middlefield Group joins Bloomberg TV Canada's Pamela Ritchie to discuss why the Canadian banks will remain
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Banks face multi-billion pound fines over mortgage misselling

Barclays, Deutsche Bank and Credit Suisse are expected to be hit with multi-billion pound fines for misselling mortgage-backed securities in the
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Median-priced housing out of reach for most

Arnold added that millennials would need the help of a partner or a family member to afford mortgage costs. But even couples are having a hard time
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People the property market is screwing over

In Hobart, RateCity calculated a single homeowner would need a salary of $59,441 to afford mortgage repayments. In Adelaide a salary of at least
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US stocks tumble on worries about Deutsche Bank

US shares of Deutsche Bank sank 6.7 per cent following a report that about 10 hedge funds withdrew some funds from the German bank due to
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Fitch Affirms Great River Energy, MN First Mortgage Bonds at 'A-'; Outlook Stable

–$1.48 billion first mortgage bonds, series 2007A, 2008A and 2010D;. –$73 million McLean County, ND solid waste facilities revenue bonds (Great
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Chancellor confirms Help to Buy: Mortgage Guarantee scheme closure

Through an exchange of letters with Mark Carney, governor of the Bank of England, the Chancellor said: “There are now over 30 lenders offering
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Reis, Inc. Expands Sales Comparables Coverage to Commercial Transactions in All U.S. Markets

29, 2016 (GLOBE NEWSWIRE) — Reis, Inc. (NASDAQ:REIS) (“Reis” or the “Company”), a leading provider of commercial real estate market
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ADB to raise lending to Bangladesh

The Asian Development Bank plans to increase its lending to Bangladesh in the next five years by 60 percent from its previous plan of $8 billion,
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IMF warns of new imbalances in commercial property sector

It said such a scenario could lead to a sharp drop in commercial property values, leaving lenders facing “another hit from a collapse in collateral
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Mole: Release your inhibitions

Mole hardly needs to tell Mortgage Strategy readers that the potential impact of Brexit on the mortgage market has led to endless debate and
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Rachel Smalley: London's Sadiq Khan shows way on foreign house buyers

Here's a situation, what would you do? You're a mayor, and house prices are spiralling out of control and everyone has a theory on why that is and
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Ujjivan Financial Services to reduce borrowing costs by 0.75% from 1 October

Bharat Financial Inclusion Ltd (formerly SKS Microfinance Ltd.) is the only microfinance company in the world with a sub-20% lending rate at 19.75%.
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Bankers lay out their worries and peeves in national survey

“One Missouri banker expressed an interest in entering the small-dollar lending space, but noted it remains unprofitable under current regulations and
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Easy Credit & Bad Debt

The interest rate seldom rises high enough to bring the number of potential borrowers in line with the number of willing lenders, as is typical for goods
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Carving out new interest in Baltimore's Butchers Hill

Leann Silhan and Chad Stockton weren't even looking for a new house …. new empty properties, the housing market has since recovered fairly well.
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Lake Michigan Credit Union promotes Ed Napieralski to mortgage loan originator for Lakeshore …

LMCU's Vice President of Mortgage Sales – Lakeshore, Lisa DeLass is pleased to see Napieralski's promotion. “We're very excited to welcome Ed to
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