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REPOSSESSED PROPERTIES
HFC asset quality to come under pressure post COVID: ReportICRA Ratings expects the Covid-19 related slowdown in home loans extended by HFCs 11-13% in FY'2020. It expects the slowdown in home loan d...20 Apr, 2020, 11.03 PM IST- You can buy property at up to 30% discount in auctions: Here's how to do itProperty sold through auctions is cheaper than the prevailing market rate. ET Wealth tells you how to go about it.06 May, 2019, 06.30 AM IST
- 5 risks to watch for while buying auctioned homesInvestors need to be aware of risks while buying repossessed properties being sold at a discount by banks.11 Dec, 2017, 12.17 PM IST
- Five rights of loan defaultersIf you have defaulted on a loan, the rules don't give lenders a complete walkover. Here's what to bear in mind if you find yourself in such...11 Apr, 2016, 09.10 AM IST
- ICICI Bank to put Dunlop House under the hammer to recover duesThe landmark property will go under the hammer next week as the bank has set March 31 as the deadline for receiving bids from interested pa...26 Mar, 2015, 09.24 AM IST
- Expanded Sarfaesi Act credit positive for some NBFCs: Moody's"The move would be credit positive for lenders of loans against property. Residential mortgage-backed securities (RMBS) originated by NBFCs...09 Mar, 2015, 07.23 PM IST
- US foreclosures fall in April even as banks reclaim more homes: RealtyTracThe latest drop brought foreclosure activity, which includes foreclosure notices, scheduled auctions and bank repossessions, 20 per cent be...15 May, 2014, 10.27 AM IST
- Unable to repay your loan? Here's your rights as a borrowerYou may not be able to pay your loans, but this doesn't mean that recovery agents sent by the lender can bully or intimidate you.12 Mar, 2012, 08.19 AM IST
- Private banks likely to quit auto loan businessPrivate banks say that absence of clear guidelines from the RBI prevents them from repossessing vehicles from defaulting borrowers. New Yor...10 Apr, 2009, 01.03 PM IST
- Financiers free to seize vehicles: HCIn a judgment that is bound to have far-reaching consequences, Calcutta high court on Tuesday allowed financiers to seize vehicles if custo...01 Apr, 2009, 08.40 AM IST
- UK home repossessions up 12 pc in 3Q from 2QHome repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders s...21 Nov, 2008, 05.12 PM IST
- US foreclosure filings surge 55 per centThe number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more tha...14 Aug, 2008, 07.01 PM IST
- US foreclosures rise 53 per cent in JuneMore than 252,000 properties, or one in every 501 US households, were in some stage of foreclosure, RealtyTrac, an Irvine, California-based...11 Jul, 2008, 12.00 AM IST
- Relax! Loan recovery agents can't bully you anymoreBorrowers can now pinpoint the duties of a recovery agent; he/she can object if the agents fail to work within the framework given to them....07 May, 2008, 08.30 AM IST
- Loan defaulters should be given last chance to repay: RBIThe Reserve Bank proposes to make it mandatory for banks to give loan defaulters one last opportunity to repay before taking possession of ...25 Mar, 2008, 10.06 PM IST
- US home foreclosures soar in AugustThe number of foreclosure filings reported in the US last month more than doubled versus August 2006 and jumped 36 per cent from July, a tr...19 Sep, 2007, 12.27 AM IST
- DHFL launches scheme for senior citizensDewan Housing Finance Corporation Limited (DHFL), has launched a reverse mortgage scheme for senior citizens called 'Saksham'.31 Aug, 2006, 02.30 PM IST
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