Posts Tagged ‘home loans’

HDFC shares fall after NHB asks to set aside more funds

The regulator for housing finance companies raised standard assets provisioning on retail home loans from 0.1% to 0.4%. View full post on All Stories

HDFC shares fall after NHB asks to set aside more funds

The regulator for housing finance companies raised standard assets provisioning on retail home loans from 0.1% to 0.4%. View full post on All Stories

SBI scraps teaser home loans; stock up

The State Bank of India scrapped the so-called teaser home loans that benefited four lakh home buyers. View full post on All Stories

BTN to Increase Non-Home Loans

JAKARTA (IFT) – PT Bank Tabungan Negara Tbk (BBTN) plans to diversify and increase its non-home loans this year to increase the company’s margin. Irman A. Zahiruddin, Managing Director of Bank Tabungan Negara, said that the company’s loan portfolio will consist of 85 percent home loans and 15 percent non-home loans. View full post on [...]

BofA settlement might boost future claims

WILMINGTON – Critics warned that Bank of America Corp’s $US1.6 billion settlement over dodgy home loans could serve as a starting point in a fight that ends up costing the bank tens of billions more. The settlement with Assured Guaranty Ltd resolved View full post on All Stories Incoming search terms:bofa pesonal

The man who made home loans possible in India!

HTP founded the Housing Development and Finance Corporation (HDFC), back in 1977, and for the first time made it possible for salary-earning, middle-class Indians to become home owners long before retirement. View full post on All Stories

BofA May Need ‘More Time’ for Recovery, Barclays Says

Bank of America Corp., the biggest U.S. lender by assets, may struggle with lower revenue and additional costs from soured home loans before rebounding, Barclays Plc said. View full post on All Stories

The Great House Price Spin

The UKproperty market has seen some strange things this week. Apparently house pricesare up, as is the number of home loans or mortgages. Granted not by much, butup nevertheless.Initially,it might be thought that this would be a good thing, and largely it is on the”feel-good factor” front. View full post on All Stories

‘Toxic’ Mortgages Rally as Resets Accelerate: Credit Markets

Home loans that inflated the U.S. housing bubble by giving borrowers the choice of cutting interest payments in exchange for higher balances are fueling the fastest gains in the mortgage-bond market. View full post on All Stories

Uncertain Path Ahead For U.S. Mortgage Giants

The fight over mortgage giants Fannie Mae and Freddie Mac is part of a larger debate about the appropriate role for government in supporting the U.S. housing market. That market is still fragile and heavily dependent on the government-run giants for new home loans. View full post on All Stories

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