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Sale of MPMH Ltd by NZF Group
Sydney :: Australia | 8 days ago
Credibility
Liberty believes that it is important that all stakeholders correctly understand the circumstances leading to the current position. Liberty and NZF entered into a Joint Venture Agreement to purchase Mike Pero Mortgages in 2006 on the basis that both
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Home loans rise sign of low rates working
Brisbane :: Australia | 8 days ago
Credibility
The number of loan approvals climbed in March even though interest rates had not been cut since December last year. But Commonwealth Bank senior economist Michael Workman says the healthy increase during March is a sign that lower interest rates are
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OSFI probes longer-term uninsured mortgages, could act
Ottawa :: Canada | 9 days ago
Credibility
Canada's bank regulator is casting a wary eye on uninsured mortgages of more than 25 years as policy makers in Ottawa continue to fret about the housing market and high consumer-debt levels. It is not clear what, if any, actions the Office of the
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Mass. AG Coakley unveils anti-foreclosure program
Boston :: MA :: USA | 9 days ago
Credibility
Attorney General Martha Coakley is announcing a new initiative to help Massachusetts cities and towns with high rates of distressed and vacant properties cope with the recent foreclosure crisis. Coakley says her office is now accepting applications
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Will Banks Embrace the Return of Subprime Lending?
New York City :: NY :: USA | 9 days ago
Credibility
Perhaps the simplest and clearest reason for the cause of the 2008 financial crisis remains the fact that lenders made loans to people who couldn't or wouldn't repay them. These less-than-stellar borrowers were branded "subprime" -- a scarlet letter
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The Guptas' huge tax windfall
Johannesburg :: South Africa | 9 days ago
Credibility
The super-rich Gupta family has received a property tax bonanza on their luxury R26.5m estate that other homeowners could only dream of. City Press has established that the Guptas' 6 000m² homestead in Saxonwold, northern Joburg, has been valued for
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Borrowers keeping up mortgages
Los Angeles :: CA :: USA | 9 days ago
Credibility
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages as if the housing crash never happened. First-time delinquent home loans fell to 0.84 percent of the 50.2 million mortgages in March, the first month
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Banks seized nearly 40,000 homes in Spain
Thiruvananthapuram :: India | 10 days ago
Credibility
The Banco de Espaa study Friday showed that in 83 percent of the cases the homes were primary dwellings. The survey also revealed that more than half of the homes were turned over voluntarily by families. Of them, roughly 75 percent were handed over
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Real Estate transactions for May 3 to 9, 2013
Steamboat Springs :: CO :: USA | 10 days ago
Credibility
John and Chris Kelley Buyer: Chambers Management Trust Sale date: May 3, 2013 Sale price: $1.75 million Property description: 4,791-square-foot, four-bedroom, five-bath single-family home on 0.21-acre Lot 2 in Eagle Glen...LLC Sale date: May 6, 2013
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US Bank walks away from foreclosure on Aurora woman
Denver :: CO :: USA | 10 days ago
Credibility
Font Resize US Bank on Friday backed down from its efforts to foreclose on an Aurora woman whose federal court battle against it has taken on the constitutionality of Colorado's foreclosure laws. Just days after lawyers for the bank told a federal
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