Searched for
MORTGAGE FORBEARANCE
Wells Fargo agrees to $56.85 million settlement — check if you qualify for a payoutWells Fargo will pay $56.85 million to settle a class-action lawsuit alleging credit score harm due to misreported COVID-19 mortgage forbea...
Homebuyers brace for impact: How the government shutdown could stall loans and closings nationwideThe government shutdown is slowing home loans and closings. FHA, VA, and USDA loans may take longer, and flood insurance delays can stop de...
Government shutdown fallout: What it could mean for your mortgage paymentsThe 2025 U.S. government shutdown is disrupting many services. Mortgage processing could slow down, and homebuyers may face delays. Refinan...
RBI guards against contagion risk from exuberant retail lending. 5 key takeawaysBanks and NBFCs should ensure that credit growth at the overall, sectoral, and sub-sectoral levels remain sustainable and all forms of exub...
Boards of HDFC Bank, HDFC give nod to merger planHDFC and HDFC Bank have approved their merger, making it the world's fourth-largest bank by market value. Shareholders of HDFC as of July 1...
HDFC merger to create world's fourth largest bank by mkt capJuly 12 has been set as the date for the transfer of non-convertible debentures (NCDs) of HDFC in the name of HDFC Bank. While commercial p...
D-Street feels HDFC merger will not impact profitabilityFor HDFC, liquidity coverage ratio (LCR) improved from 80% to 128%, helped by a sharp increase in government bond holdings. G-Secs, as a pe...
India needn’t panic about the banking crisis but, with sharp interest-rate hikes, a thorough check is in orderThe relatively small size of the banks that have failed - and that they do not form a part of the 'systemically important banks' - is being...
India should explore bilateral swap lines with Fed, World Bank, G7 : Taimur BaigCollateral damage limitation should be the main strategy for companies, says chief economist at DBS Bank.
Winners & losers: A tale of two halvesIt’s a clear establishment that there are two sets of companies out there – good and ugly.
Demonetisation could delay asset quality recovery in banks:FitchFitch said that the stressed asset ratio for Indian banks will probably worsen beyond its forecasted 12% in the financial year ending March...
Expecting tax incentives for affordable housing in Budget 2017: Gagan Banga, Indiabulls Housing Finance LtdGagan Banga says that demand for home loans has come back and January is turning out to be a very-very steady month.
High cost of getting bank licence will be a challenge for NBFCs: Nirmal Jain, India Infoline'They (the RBI guidelines) have been very well thought. RBI’s explanations were very detailed and clear, leaving nothing to chance.'
- Compromise on Basel-III norms is a reminder of power of global banks
Whether such regulatory forbearance is only a short-term solution that postpones damage, without addressing the underlying cause.
- Single-name concentrations and infrastructure loans have weakened Indian banks' credit profile: Study
The credit profile of a few Indian banks has weakened due to high single-name concentrations and stress in infrastructure loans, a study co...
- Suing Wall Street banks never looked so shady
About a year ago, the government-chartered lender blamed accounting rules after it wrote down its portfolio of mortgage-backed securities b...
- Citi to infuse entire bailout money back into economy
Citi said its TARP committee has authorised initiatives to deploy $44.75 billion across key areas of the US economy. Highest-paid CEOs | Ci...
- Japan offers Wall Street lesson what not to do
The US financial crisis is bringing back memories in Japan of its own economic implosion in the early 1990s - and offering US policymakers ...
- 'Bank writedowns may be overdone'
'Banks are marking their securities against an index that suggests the losses will be 32 times worse than the actual loss experience.'
- Bank-NBFC merger rules soon, HDFC first in queue
The promised consolidation of non-banking finance companies (NBFCs) may hint at an interesting possibility: a merger of HDFC with HDFC Bank.