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  • September 17, 2014
  • Last updated: 8:35am
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Results 1 - 10 of 11 for subprime mortgages

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  1. Comment - Insight & Opinion - LEADER

    Oi Wah Pawnshop could be a sign of the times

    Posted Mar 14th 2013, 12:00am by SCMP Editorial

    ... enjoy a discounted prime rate of around 2.2 per cent these days. All this sounds like the Hong Kong version of subprime mortgage lending. Let's just hope it won't all end in tears ... But the share price plunged almost 7 per cent yesterday as the broader markets fell. Oi Wah, in business for 37 years, recently transformed when it started mortgage lending in 2009, just when ...

  2. Comment - Insight & Opinion - LEADER

    Janet Yellen will bring continuity to the United States Federal Reserve

    Posted Oct 14th 2013, 12:00am by STAFF

    ... crisis, critics tend to scrutinise candidates for top policy positions to see if they read danger signs. Yellen anticipated the scale of the problems inherent in subprime housing mortgages because ...

  3. Comment - Insight & Opinion - LEADER

    Property slump will test Beijing

    Posted May 19th 2014, 02:32am by SCMP Editorial

    ... SCMP Editorial Property a test of Beijing's resolve Among soft economic growth figures released in Beijing last week one weighed heavily on the others- property. Officials reacted quickly. Within hours it was revealed that they had already addressed a deepening contraction in real-estate transactions. The central bank urged major lenders to speed up mortgage loans, ...

  4. Comment - Insight & Opinion - LEADER

    End price-fixing in gold market

    Posted May 05th 2014, 03:01am by SCMP Editorial

    ... operations, there should be no exemption. Just as customers can now shop around for the best interest and mortgage rates, why shouldn't they be able to hunt for the best spot gold prices? A trade ...

  5. Comment - Insight & Opinion - LEADER

    World has not learned the lessons of crash triggered by Lehman's fall

    Posted Sep 15th 2013, 12:00am by SCMP Editorial

    ... set for implementation. On the question of punishment, it may be worth comparing the prosecutorial records of the earlier savings and loans collapse with the US subprime housing crisis. ...

  6. Comment - Insight & Opinion - LEADER

    Hong Kong's family owned banks being snapped up

    Posted Nov 01st 2013, 12:06am by SCMP Editorial

    ... scheme. To maintain profits, small banks moved big time into mortgage lending as the property bubble heated up. Now that the property market has cooled and is expected to drop further, that line ...

  7. Comment - Insight & Opinion - LEADER

    Forex rigging probe a reminder banking needs fundamental reform

    Posted Nov 10th 2013, 04:31am by SCMP Editorial

    ... The outrage over the rigging of Libor, which affected the costs of borrowing from mortgages to personal loans, has led authorities to bring about reforms now being implemented in Britain ...

  8. Comment - Insight & Opinion - LEADER

    No tears for Larry Summers

    Posted Sep 18th 2013, 12:00am by SCMP Editorial

    ... The re-regulation of financial markets has been delayed and watered down. And Fannie and Freddie, the mortgage giants at the centre of the US crisis, grew bigger. How would it look if one of those people ...

  9. Comment - Insight & Opinion - LEADER

    Fed's delay in tapering QE is short-term fix

    Posted Sep 20th 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial QE taper delay a short-term fix Financial markets had a pleasant surprise this week when the US Federal Reserve held off its widely expected tapering on its massive US$85-billion-a-month bond and mortgage-linked securities purchases. This was certainly big tradable news as punters pushed up asset markets in the US and around the world. But will it change the thinking ...

  10. Comment - Insight & Opinion - LEADER

    Offer of free land raises questions

    Posted Jun 17th 2013, 12:00am by SCMP Editorial

    ... not have to fork out hefty down payments and the mortgage would cost only about HK$5,000 a month. But the deal is that no extra land premium shall be charged for converting the land use; ...




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