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  • July 23, 2014
  • Last updated: 2:17pm
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  1. Mortgage scheme boost for preservation

    Posted Aug 28th 2004, 12:00am by Staff Reporter

    ... attractive mortgage services to owners of these buildings than has previously been the case. It marks the end of the traditional reluctance of Hong Kong's banks to offer mortgages for properties ... consequences could flow. As the managing director of the URA, Billy Lam Chung-lun, points out, the granting of easier access to mortgages could bring to an end the vicious cycle that has led to so many ...

  2. Business - Banking & Finance

    UBS to pay US$49.8m to settle SEC fraud charges over CDO

    Posted Aug 07th 2013, 12:12pm by Reuters

    ... Reuters in New York UBS agreed to pay US$49.8 million to settle US Securities and Exchange Commission charges it misled investors about a risky mortgage bond transaction that soured during ... to settle recent SEC probes into CDOs, which are typically backed by mortgages and other loans and sold in pieces to investors. Those banks, like UBS, did not admit wrongdoing in agreeing to settle. ...

  3. News - World - SPAIN

    Judge rules that Spanish king’s sister should face fraud charges

    Posted Jun 25th 2014, 10:53pm by AFP

    ... Agence France-Presse in Madrid King's sister to face fraud charges A Spanish judge has ruled that King Felipe VI's sister, Princess Cristina, and her husband must face fraud charges, opening the way to an unprecedented criminal trial. Less than a week after Felipe, 46, took the Spanish throne promising an "honest and transparent" monarchy, the ruling ...

  4. Business - Commodities - METALS FINANCING PROBE

    Citic Resources unable to secure all its metal at scandal-hit Qingdao port

    Posted Jun 18th 2014, 02:54pm by Reuters

    ... duplicating receipts to repeatedly mortgage the full value of an asset is fraud and could leave more than one creditor holding claims to the same collateral. "If you're prudent, you'll ...

  5. UK banks tighten purse strings on loans

    Posted Aug 04th 2010, 12:00am by Richard Warren

    ... if introduced, the CML spokeswoman added. Self-certified mortgages allow a borrower to give details of their financial status with few checks, a procedure criticised for being open to fraud. Oliver ... Richard Warren in London Non-British investors are finding it increasingly difficult to secure mortgages on British property as many high-street banks and building societies refuse loans ...

  6. Business - Economy - ECONOMY

    Mortgage debt a threat to recovery, says Bank of England

    Posted Jun 14th 2014, 04:19am by Bloomberg

    ... Bloomberg in London Britain's central bank governor warns interest rates could rise soon as housing loans increase BOE sees threat from surging mortgage debt Bank of England governor Mark Carney said rising mortgage debt might threaten Britain's recovery as he signalled interest rates might start to increase earlier than expected. While investors do not see the central ...

  7. News - World - AFGHANISTAN

    Afghan elections chief resigns in bid to end vote fraud impasse

    Posted Jun 24th 2014, 05:09am by AP

    ... Agence France-Presse in Kabul Afghan elections chief resigns over impasse A top Afghan election official accused of fraud resigned yesterday, raising hopes of ending a political deadlock ... with the IEC," Amarkhail said. "The audio recordings regarding fraud were fake," he added. International diplomats have expressed alarm over the prospect of a disputed result in an election ...

  8. News - World - AFGHANISTAN

    Recording alleges fraud in Afghan presidential run-off vote

    Posted Jun 23rd 2014, 03:26am by Reuters

    ... Reuters in Kabul Recording alleges fraud in run-off vote The party of Afghan presidential candidate Abdullah Abdullah yesterday broadcast a recording it said showed mass fraud had been committed in the country's presidential run-off vote. The audio purports to show that Independent Election Commission Secretariat head Zia-ul-Haq Amarkhil made phone calls to officials ...

  9. Property - International - CANADA

    Canada's housing agency curbs condo mortgage insurance

    Posted Jun 11th 2014, 04:39am by Reuters

    ... Reuters in Toronto Mortgage insurance for condo construction to be stopped as housing boom continues Canada's housing agency aims to cut risks Canada's federal housing agency will no longer offer mortgage insurance for condominium construction, as it made further changes to its programmes with the aim of cutting risks amid the country's housing boom. Canada Mortgage ...

  10. News - Asia - AFGHANISTAN

    Kabul protest by supporters of candidate Abdullah Abdullah over fraud in presidential poll

    Posted Jun 22nd 2014, 04:57am by AFP

    ... Agence France-Presse in Kabul Fears grow of unrest erupting if Afghan former foreign minister loses poll Abdullah supporters protest at vote fraud Supporters of Afghan presidential candidate Abdullah Abdullah held protests in the streets of Kabul yesterday as fears grow of unrest erupting over alleged fraud in the run-off election a week ago. Abdullah has boycotted the vote ...




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