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MORTGAGE DEFINITION
Trump declares victory, no matter what, Iran war is the latest example of thatDonald Trump has a consistent strategy of declaring victory, even when facing defeats. This approach began in his real estate career and co...- Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
- Most difficult: Staying invested in businesses while ignoring noise called Gulf war; 19 stocks from different sectors to ‘hold’Businesses that create long-term wealth are those where the demand runway is long, the competitive position is strong, and the management i...
- US national debt tops $39 trillion weeks into Iran warAmerica's national debt has crossed a record $39 trillion. This milestone occurs amidst the ongoing U.S.-Iran war. The rising debt impacts ...
- Word of the day: AmortizeToday's word of the day is 'Amortize' means to gradually pay off a loan or expense through regular payments over time. This Word of the day...
- Difficult to define freebie, high time 'accepted and legal' answers found: CEC KumarChief Election Commissioner Rajiv Kumar has stated that defining freebies is challenging and the Election Commission's hands are tied as th...
- Major Chinese banks cut deposits rates, paving the way for mortgage rate cutsThree sources familiar with the matter told Reuters on Tuesday that major state banks would cut deposit rates as they prepare to lower inte...
- JM Financial, Indostar in talks to merge mortgage businessesNon-bank lenders JM Financial and Indostar on Monday announced that they are in "preliminary discussions" to merge their respective mortgag...
- Canadian home buyers return to fixed-rate loans as economy wobblesBorrowers are also increasingly eschewing the popular five-year fixed mortgage term in favour of two- or three-year loans, to guard against...
- RBI proposes new rules for mortgage securitisationThe central bank would explore measures such as loan contract standards.
- Housing finance companies definitely look quite attractive: Varun Goel" Housing finance companies definitely look quite attractive. The housing, the mortgage rates have already beginning to come. "
- Amendments to SARFAESI Act to clear recovery processes: BA Prabhakar, Bank of IndiaIn an interview with ET Now, BA Prabhakar, ED, Bank of India, gives his views on the amendments made in the SARFAESI Act.
- Bullish on Gruh Finance: Seshadri BharathanET Now spoke to Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, on his views on Gruh Finance.
- Goldman planned to profit from bust: Senate probeGoldman Sachs developed a strategy to profit from the housing meltdown and reaped billions at the expense of clients, a Senate investigatio...
- Obama's housing plan not enough to fix problemsPresident-elect Barack Obama is inheriting the worst housing recession in a generation, and the proposals he outlined on the campaign trail...
- Realtors say existing US home sales rose in JulySales of existing homes rose 3.1 percent in July, easily beating Wall Street's expectations, as buyers snapped up deeply discounted propert...
- RBI expands definition of 'wilful default'The Reserve Bank has expanded the definition of wilful defaulters by including companies that try to dispose of mortgaged properties withou...
- Worldwide contagion proves BernankeFederal Reserve chairman Ben S Bernanke was wrong. So were US treasury secretary Henry Paulson and Merrill Lynch CEO Stanley O’Neal.
- I-banking gains to prop Merrill netMerrill Lynch, the world’s biggest brokerage, may report record first-quarter earnings as revenue from share sales and advising on takeover...
- Banks pick up where Fed left off, restricting access to creditBanks are picking up the baton from the Federal Reserve, restricting access to credit months after chairman Ben S. Bernanke stopped raising...
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