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MORTGAGE DEFINITION
“I could not imagine living back in the US full-time”: Family leaves New York, buys $13,000 home in Italy and later purchases a second propertyA New York family found an unexpected escape in rural Italy, purchasing a home for a mere $13,000. This move not only granted them mortgage...- Time to be selectively bullish again? 5 small-cap stocks from different sectors with upside potential of up to 29%The conditions that created the worst 18 months for small-caps are starting to ease. The US-Iran war is moving towards settlement. Crude pr...
- 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...
- 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.
- Essentials of loan against property and should you go for itHigher loan amounts are generally available for longer tenure when compared to conventional loans, and at a discounted interest rate.
- 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. "
- 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...
- Dismay, resignation in British press over B&B dealThe expected nationalisation of British bank Bradford & Bingley sparked dismay in Monday's newspapers that taxpayers will again have to bai...
- Millions in US spend half of income on housingMore than 7.5 million people - almost 15% of American homeowners with a mortgage - are spending half of their income or more on housing cos...
- 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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