Fitch: Canadian Banks' Residential Mortgage Exposure Manageable Under Moderate Stresses
Household debt driven by mortgage credit expansion in the Canadian market is the main threat to the credit risk profiles of Canadian financial institutions, as highlighted by the s
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REPEAT-Mortgage Debt Hindering Retirement Planning: BMO Study
TORONTO, ONTARIO-- - BMO Financial Group released a study today indicating that many Canadian homeowners are feeling the pinch of balancing mortgage responsibilities with saving for retirement.The survey, ...
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Ill. county sues mortgage lenders, claiming fraud
An Illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should ...
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3 Consecutive Quarters of Mortgage Employment Growth
DALLAS, May 21, 2012 /PRNewswire/ -- Mortgage industry staffing has expanded each of the past three quarters, according to the First-Quarter 2012 Mortgage Employment Index from Mortgage Daily.Hirings outpaced ...
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ADB recommends mortgage insurance for Thailand
Bangkok (The Nation/ANN) - A recent Asia Development Bank (ADB) report said that Mortgage Insurance will be a useful, but not an essential, feature of the Thai mortgage market.
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Mortgage lending slumps by 19pc
Gross mortgage lending fell by 19pc to £10.2bn in April, according to the Council of Mortgage Lenders.
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UK mortgage lending falls to 12-month low
Gross mortgage lending in the UK slumped in April to a 12-month low after incentives for first-time buyers were withdrawn on March 24th.
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First Trust Mortgage Income Fund Declares Its Monthly Common Share Distribution of $0.16 Per Share for June
First Trust Mortgage Income Fund has declared the Fund’s regularly scheduled monthly common share distribution payable on June 15, 2012 to shareholders of record as of June 5, 2012.
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David E. Tucker Named President of PHH Mortgage
PHH Corporation today announced that David E. Tucker has been appointed President of PHH Mortgage Corporation , the Company’s mortgage origination and servicing subsidiary.
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Mortgage lending falls to 12-month low in April
Mortgage lending fell to a 12-month low in April as the market suffered a hangover from the ending of a tax concession for first-time buyers.
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