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Canada’s housing crisis will take years to solve, finance minister says

A house under construction in a neighbourhood of Ottawa, Ontario, Canada April 17, 2023. REUTERS/Lars Hagberg//File Photo Acquire Licensing Rights Sept 16 (Reuters) – An affordable...

Exclusive: Europe’s banks ramp up bespoke loan trades to reduce risk

Finance1 year ago

Exclusive: Europe’s banks ramp up bespoke loan trades to reduce risk

Important threat transfers used to dump credit score threat Advisers, buyers say Q1 SRT exercise unusually excessive ECB supervised banks SRTs totalled 174 bln euros in...

Australian bank worries turn from chaos overseas to profits at home

Finance1 year ago

Australian bank worries turn from chaos overseas to profits at home

Debtors’ market in Australian dwelling mortgages About $300 bln in fixed-term loans to go variable this yr Retail deposit charges rising as banks compete for financial...

Analysis: China’s mortgage rate cuts spur prepayment rush, threaten bank earnings

World1 year ago

Analysis: China’s mortgage rate cuts spur prepayment rush, threaten bank earnings

BEIJING, Feb 17 (Reuters) – China has been slicing mortgage charges since final yr to spice up gross sales in its moribund property market, however the...

Israel delays bill to freeze mortgage rates for first-time buyers

Finance1 year ago

Israel delays bill to freeze mortgage rates for first-time buyers

JERUSALEM, Feb 12 (Reuters) – Israel will delay passing a brand new regulation that will freeze mortgage charges for first-time house patrons, Finance Minister Bezalel Smotrich...

U.S. states sue Warburg-owned Mariner Finance, allege predatory lending

Finance2 years ago

U.S. states sue Warburg-owned Mariner Finance, allege predatory lending

NEW YORK, Aug 16 (Reuters) – A lender owned by personal fairness agency Warburg Pincus LLC was sued on Tuesday by a number of U.S. states,...

Georgia Voters Appeal Decision Allowing Marjorie Taylor Greene To Stay On Ballot

Georgia2 years ago

Georgia Voters Appeal Decision Allowing Marjorie Taylor Greene To Stay On Ballot

Topline Georgia voters are nonetheless attempting to maintain Rep. Marjorie Taylor Greene (R-Ga.) off the midterm poll regardless of Secretary of State Brad Raffensperger ruling she...