Mortgage
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EC World Reit loses appeal over unauthorised mortgage of key Hangzhou property; manager to seek re-trial
The manager says the legal defeat will not require further adjustments to financial statements [SINGAPORE] The manager of EC World Real Estate Investment Trust (Reit) on Wednesday (Feb 4) said…
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Hao Mart and owner sue OG over Good Class Bungalow mortgage, claiming S$57.5 million
This is the second court case that involves OG and Hao Mart, arising from the lease of the Taste Orchard premises [SINGAPORE] Supermarket operator Hao Mart, its owner and his…
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Mike Wise on Reframing Mortgage Thinking in a Changing Housing Landscape
A significant share of U.S. homebuyers who use financing choose a 30-year fixed-rate mortgage. It stretches payments over three decades and locks in the interest rate, keeping monthly costs predictable.…
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Mortgage Rates ‘Could Fall’ as Trump Plans to Buy $200 Billion in Bonds
President Donald Trump announced on social media Thursday that he is instructing the federal government to buy $200 billion in mortgage bonds, a move he claims would help reduce mortgage…
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US mortgage rates at 2025-low give homebuyers momentum in New Year
The average for 30-year, fixed loans dropped to 6.15 per cent this week, data from Freddie Mac showed on Wednesday US MORTGAGE rates have reached their lowest point for the…
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Mortgage Brokers Boom While Borrowers Burn: The Hidden Cost of ‘Free’ Home Loan Fixers
Although lenders across the US are cautiously pulling back operations, independent brokerages continue to hold a substantial share of the mortgage market despite rising interest rates. A mortgage broker’s primary…
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Kevin O’Leary Says The ‘Biggest Money Trap’ is Getting Yourself a Suffocating Mortgage
ABC’s Shark Tank star and entrepreneur Kevin O’Leary has warned that many people unknowingly fall into the biggest financial trap — not a poor stock portfolio, but overextending themselves with…
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December Rate Cut Could Drop Mortgage Rates Below 5.99% as Lenders Jump the Gun
With the Federal Reserve‘s final meeting of 2025 scheduled for 9 and 10 December, the chances of a rate cut now stand at approximately 87 per cent, according to CME…
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BofA Tower gets Chicago’s biggest mortgage bond deal since Covid
[NEW YORK] A mortgage loan for Chicago’s Bank of America (BOA) Tower is being refinanced with US$700 million in bonds, a rare bright spot for the city’s beaten-down real estate…
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Australia’s big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition [SYDNEY] Australia’s biggest banks are ramping up efforts to reduce their reliance…
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OCBC launches upskilling programme to turn mortgage specialists into wealth advisers
[SINGAPORE] OCBC has launched an “intensive four-month” upskilling programme to train mortgage specialists as wealth advisers, equipping them with capabilities beyond offering home loans. Upon graduating, candidates can adopt an…
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Trump orders removal of a Fed governor over mortgage fraud allegations
Published Tue, Aug 26, 2025 · 09:25 AM US PRESIDENT Donald Trump ordered the removal of Federal Reserve Governor Lisa Cook “effective immediately” on Monday, citing allegations of false statements…
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Trump moves to fire Fed governor over mortgage fraud claims
[WASHINGTON] US President Donald Trump expanded pressure on the Federal Reserve on Monday (Aug 25) by moving to fire governor Lisa Cook “effective immediately”, a step the independent central bank…
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UBS Pays US$300 Million to settle Credit Suisse mortgage case
Published Mon, Aug 4, 2025 · 02:55 PM [ZURICH] UBS Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related…
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Transforming Mortgage Compliance with AI: A New Era in Efficiency
In this modern era of digital transformation, regulatory compliance in the mortgage industry is becoming increasingly complex. Suketu Pramod Gaglani, an expert in AI-driven solutions for mortgage banking, explores how…
