Underground down payment loans cast a shadow over government's efforts to curb property lending

Underground down payment loans cast a shadow over government's efforts to curb property lending

But much of the lending is simply being ploughed into property, despite being … New lending to households reached 675.5 billion yuan in August,
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Wells Fargo CEO retires amid accounts scandal and is replaced by a longtime company insider

The wrongdoing by the San Francisco bank was exposed by a Los Angeles Times investigation and led to an $185-million settlement with regulators
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One Japanese Bank's Reach for Yield: US Mortgage Bonds

Those bonds, which are backed by federally insured mortgages and have an expected yield of about 2.1%, will account for about a tenth of its entire
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China cracking down on rumour-mongering in property market

China is intensifying a crackdown on property developers and others who spread rumours intended to push up prices, part of government efforts to
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Housing market 'settling down' after Brexit vote jitters, say surveyors

Rics said its members expected the fall in supply and increase in buyer demand to continue pushing up prices. Photograph: Image Source Pink/Alamy.
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Essent Group Ltd. Schedules Third Quarter Earnings Conference Call on November 4, 2016

Essent provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective
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Eurostat: Greece Housing Market Prices Decline April-June Quarter

On Wednesday Eurostat presented data gathered by the Bank of Greece (BoG) showing that the Greek housing market has experienced a decline in
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The Lending Works gains full FCA authorisation

Peer-to-peer lending platform Lending Works today announces that it has officially become fully authorised by the Financial Conduct Authority.
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Live Stock Coverage: Can Annaly Capital Management, Inc.'s Tomorrow Be Different? The Stock …

Annaly also manages other securities representing interests in or obligations backed by pools of mortgage loans. The Company wholly-owned
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Getting a mortgage is tougher — possibly for the worse

Effective later this month, before new homeowners can obtain a mortgage they will face tougher scrutiny of their ability to handle debt. The new
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Has UK Housing Market Shut the Door on Brexit Angst?

The U.K. housing market strengthened in September after the shock inflicted by the Brexit vote faded and a shortage of properties for sale persisted.
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Average house prices are now 8x the average wage

It's possible to get a mortgage with just a 5% deposit, but you'll probably want to save more than that to account for legal fees, estate agents and
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Sageworks Links with Greater Hudson to Provide Online Lending

i love fintech Greater Hudson Bank (OTCQX: GHDS) has partnered with Sageworks, a financial information company that provides lending, credit risk
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Nine appointed to BC Real Estate Council

VANCOUVER — The province has appointed the first nine of what it said will be 16 appointments to the B.C. Real Estate Council, which used to be a
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Mortgage rates rise in another sign that, yep, it's a global economy

“Global yields all over are moving higher,” says Elizabeth Rose, sales manager for Movement Mortgage in Dallas. “We live in a global economy now,
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