Westpac, BNZ and Kiwibank customers can now buy a house with less than a 20 percent deposit. Most banks put the minimum 20 percent deposit in place due to the global financial crisis. Westpac spokesman Craig Dowling says it has been hard for banks to …
First Aussie John announced he would “shake up” the insurance market, now Mortgage Choice is boosting its presence in life insurance too. Independently-owned mortgage house Mortgage Choice announced the partnership with Lifebroker, which claims to be …
TAMPA – Despite the housing bust – and perhaps because of it – mortgage fraud remains white-hot and likely will get worse, according to a report released this week by the FBI. Florida was among the top 10 states where lenders reported problem loans …
While researching the Sunday story that Dale Kasler and I are doing on the new face of the mortgage crisis – the rising unemployment and wage cuts now pushing more traditional borrowers into missed payments – I gathered these statistics. Here’s a …
NEW YORK, July 9 /PRNewswire-FirstCall/ — Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings, is pleased to announce that Ed Tappan has joined the firm as Managing Director – Head of Agency CMO and MBS Trading. He will report to Senior Managing …
WASHINGTON (AP) – Banks trimmed borrowing from the Federal Reserve’s emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, promising signs that some credit problems are easing. The Fed …
Outlook Good for Nationwide Building Society, both for having the nous to see that there is a part of the housing market that could benefit from being offered 125 per cent loan-to-value deals, and for having the nerve to market such products, which …
Some relaxation seems to be under way to the tougher home lending criteria banks introduced as the world was gripped by financial crisis last year. Westpac has started advertising for home buyers with a deposit of less than 20 percent, and mortgage …
ONE of the UK’s biggest mortgage lenders has re-introduced the 125 per cent mortgage, prompting speculation that more lenders could follow suit. Mortgages of 100 per cent or more of the property value were commonplace in the housing boom and are seen …
Sofia. The house and mortgage loan sector reached the bottom in June, data of analysts from the Moite Pari (My Money) financial guide shows, as quoted by The Zemya Daily . The Bulgarian banks have practically no chance to offer something new and …
