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Liechtenstein, Mortgages, Tel Aviv, Fed Banks: Compliance
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Liechtenstein wants to lure wealthy Muslims to its private banks as it seeks to revive an industry hurt by the loss of the nation’s status as a tax haven.
 
CMHC head says banks should share risk on home mortgages
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Canada’s banks should share more of the risk on home mortgages and the Canada Housing and Mortgage Corp. is looking into new formulas to make that happen, according to the head of the federal housing agency. Evan Siddall, who became president and CEO of CMHC in December 2013, said the prospect of privatizing the agency is not on the table, but the government has expressed interest in reducing ...
 
Fannie, Freddie to accept lower down payment mortgages
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Fannie Mae and Freddie Mac are close to allowing consumers to buy a home with as little as a 3 percent down payment and still have the mortgages backed by the two agencies.
 
PTSB confirms sale of subprime mortgages
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Mars Capital to acquire loanbook of approximately 2,200 mortgages for an undisclosed sum
 
7% more Americans to apply for mortgages in 2015 than 2014
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The biggest portion of the jump is expected to come from new mortgages, which are projected to increase 15% to $731 billion.
 
U.S. to ease repurchase demands on bad mortgages
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Hoping to boost mortgage approvals for more borrowers, the federal regulator of Fannie Mae and Freddie Mac told lenders that the home financing giants would ease up on demands that banks buy back loans that go delinquent.
 
Reverse mortgages a financial planning tool
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Midsummer changes to federal reverse mortgage regulations have shifted this senior safety net away from its traditional role as a loan of last resort to keep the elderly in their homes.
 
DealBook: U.S. Regulators Approve Eased Mortgage Lending Rules
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The new regulations aim to strengthen the vast market for bonds that are backed with mortgages and other loans.
 
30-Year Fixed Mortgage Rates Stay Below 4%, for Third Week in a Row; Current Rate is 3.81%, According to Zillow ...
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SEATTLE -- The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.81 percent, unchanged from this time last week. The 30-year fixed mortgage rate hovered around 3.85 percent for most of ...
 
PTSB agrees sale of subprime mortgages
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Mars Capital Ireland to pay about €280m for Springboard subprime mortgage book