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  • August 30, 2014
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Results 1 - 10 of 18442 for mortgage insurance

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  1. 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 ...

    http://www.scmp.com/property/international/article/1529338/canadas-housing-agency-curbs-condo-mortgage-insurance
  2. Property - Hong Kong & China - PROPERTY

    China approves reverse mortgage pilot scheme

    Posted Jun 24th 2014, 05:58am by Reuters

    ... Guangzhou and Wuhan will start a two-year experiment from July 1, the China Insurance Regulatory Commission said. Reverse mortgages, common in developed countries but new to the mainland, ... Reuters in Beijing Beijing nod to reverse mortgage pilot scheme The mainland will allow retirees to take out bank loans against their homes to pay for their living expenses under a pilot ...

    http://www.scmp.com/property/hong-kong-china/article/1539194/china-approves-reverse-mortgage-pilot-scheme
  3. Business - Money - INVESTMENT

    Expat investors launch suits against advisers, trustees and insurance firms

    Posted Aug 28th 2014, 11:51am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Financial advisers, trustees and insurance firms being taken to court in bid to recover losses in Australian investment product Expat investors launch suits over failed fund Expatriate investors in a failed Australian mortgage fund have started to sue financial advisers, pension fund trustees and listed life insurance companies ...

    http://www.scmp.com/business/money/article/1581400/expat-investors-launch-suits-against-advisers-trustees-and-insurance
  4. Property - International - CANADA

    Canadian housing agency cuts insurance for second homes

    Posted Apr 30th 2014, 05:50am by Bloomberg

    ... Bloomberg in Ottawa Policymakers tighten mortgage lending rules amid concerns over sharp price decline risks Housing agency cuts insurance for second homes Canada's housing agency is further tightening the availability of mortgage insurance as part of efforts to reduce the risks of a sharp decline in prices. From May 30, those buying a second home or who are self-employed ...

    http://www.scmp.com/property/international/article/1500135/canadian-housing-agency-cuts-insurance-second-homes
  5. Business - Banking & Finance - BANKING

    Citigroup to pay US$7b in settlement on US subprime mortgage fiasco

    Posted Jul 15th 2014, 01:36am by AP

    ... Associated Press in Washington Citi settles subprime probe for US$7b Citigroup will pay US$7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the US financial crisis. The settlement stems from the sale of securities made up of subprime mortgages, which fuelled both the housing boom and the bust that triggered the Great Recession ...

    http://www.scmp.com/business/banking-finance/article/1554353/citigroup-pay-us7b-settlement-us-subprime-mortgage-fiasco
  6. HKMC to set up Shenzhen mortgage insurance joint venture

    Posted Jul 09th 2008, 12:00am by Staff Reporter

    ... Maria Chan The government-run Hong Kong Mortgage Corp (HKMC) will set up a joint venture with a subsidiary of the People's Bank of China in Shenzhen to provide mortgage insurance ... for the HKMC because mortgage turnover had not risen substantially in recent years and not every homebuyer needed to borrow through the mortgage insurance programme. 'The HKMC has expertise ...

    http://www.scmp.com/article/644539/hkmc-set-shenzhen-mortgage-insurance-joint-venture
  7. News - Hong Kong - PROPERTY

    Homebuyers face squeeze on mortgage payment protection insurance

    Posted Mar 17th 2013, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Biggest provider of mortgage protection insurance may further tighten eligibility criteria in light of increase in interest rates Homebuyer payment protection squeezed The Hong Kong Mortgage Corporation may further tighten eligibility for its payment protection insurance on home loans, in light of rising interest rates. When homebuyers take out loans ...

    http://www.scmp.com/news/hong-kong/article/1192566/homebuyers-face-squeeze-mortgage-payment-protection-insurance
  8. 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 ...

    http://www.scmp.com/business/economy/article/1532080/mortgage-debt-threat-recovery-says-bank-england
  9. Property - Hong Kong & China - LOANS

    Mortgage insurance market set for boost from HOS

    Posted Dec 05th 2012, 12:00am by Sandy Li

    ... for mortgage insurance Big rises announced by the government last week in the income and asset caps for applicants seeking to buy subsidised housing will create a new market for insured home loans, say ... to buy an HOS home, said Poon Kwok-yuen, managing director of QBE Mortgage Insurance (Asia). To assist such buyers and give lenders some security to provide loans of up to 90 per cent ...

    http://www.scmp.com/property/hong-kong-china/article/1097449/mortgage-insurance-market-set-boost-hos
  10. Business - Companies - LENDING

    Hitachi Capital lures homebuyers with offer of 95 per cent loans

    Posted Apr 17th 2013, 12:00am by Sandy Li, KANIS LI

    ... insurance on home loans. Currently, homebuyers can secure up to 90 per cent of the price of homes worth HK$4 million or less through mortgage insurance from the HKMC, down from the previous ceiling ... Sandy Li and Kanis Li Homebuyers lured with offer of 95 per cent loans Money lender Hitachi Capital (HK) is teaming up with mortgage broker mReferral to offer home loans of up to 95 per ...

    http://www.scmp.com/business/companies/article/1216400/hitachi-capital-lures-homebuyers-offer-95-cent-loans

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