Uday Kotak pegs banking stressed assets at Rs 14 lakh crore

Uday Kotak pegs banking stressed assets at Rs 14 lakh crore

The banking industry has an opportunity of Rs 10 lakh crore worth of bad loans at fair value after providing for a loss of Rs 4 lakh crore from the total
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Get the Look for Less: Tommy Hilfiger's Magnificent Miami Mansion

It's 14,000 square feet of exclusive beachfront real estate complete with 100 feet of ocean frontage, lush landscape, and an infinity pool.
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FHFA Releases Fannie and Freddie Scorecard

“In collaboration with Fannie Mae and Freddie Mac, FHFA has made significant progress in meeting our conservatorship objectives,” FHFA Director
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West One and Black Book reveal strategic partnership

West One Loans, the specialist bridging finance provider, has formed a … to mortgage intermediaries and financial professionals via Black Book.
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Online Lenders: The 'Modern Day Loan Sharks'

Jamar White had no idea what he was getting into when he took out a nearly $50,000 loan with an online lender in 2013 for his New York-based
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2 states settle with Santander over 'unfair' car loans

The settlement was the first of its kind in the U.S., according to Healey, who compared it to abuses by subprime mortgage lenders that contributed to
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Freddie Mac Predicts Drop in Sales Over 2016

According to Freddie Mac's outlook, home prices are outpacing income growth significantly, and that's putting a home purchase out of reach for many
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Invesco Mortgage Capital Inc – Receive News & Ratings Daily

According to Zacks, “Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on financing and managing residential and
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Trojan source code leak poised to spur new online banking attacks

The source code for a new Trojan program that targets banking services has been published online, offering an easy way for unskilled cybercriminals
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Russia Preparing For Potential Removal From International Banking System

Global financial institutions like the World Bank and SWIFT can make or break the economies of entire nations due to their domination of the
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Equity, HFC get Sh10bn from European bank for SME lending

Equity Group chief executive James Mwangi said with the new loan the lender will be in a position to support up to 1,000 regional companies.
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EIB signs Sh10.5bn facility with Equity and HF for on – lending to regional SMEs

European Investment Bank, the long-term lending institution of the European Union, has extended about Sh10.57 billion (€95 million) to regional
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Dear lenders, we critically need more young talent in mortgage finance

Lenders and vendors of the tech world filled the expo hall at the Hyatt Regency in downtown Chicago for the Mortgage Bankers Association's National
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How This Real Estate Firm Is Building Better Luxury

Few people understand the competitive, high-stakes world of luxury real estate better than Alan Mark. As president and founder of The Mark Company,
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The Arlington Home Show: bring your real estate questions

The Arlington Home Show: bring your real estate questions … We have buyer information on current real estate market, trends, properties for sale and
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Guild Mortgage launches digital mortgage with help from Roostify

Guild Mortgage is going digital, as the lender announced this week that it is launching its own digital mortgage, becoming the latest in a string of
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Is a 50-Year Mortgage a Good Move?

A 50-year mortgage may be an option, but here are some things to consider when looking at a long mortgage term. These loans are not bought and
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The evolution of mobile banking

The uber-boring space of mobile banking is catching up with the times. The evolution of banking has gone from coins and paper to the smart phone in
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3 Mobile Banking Risk Reduction Steps

1. What are the common risks around mobile payment and banking apps? “Mobile banking and payments are prime targets for hackers,” Khera said.
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The need for responsible investment banking with a strong regional focus

Today's high street retail banks – the sort you keep your current account with – make their money from mortgage lending and hidden charges on
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