China’s banks raise mortgage age limit to octogenarians, dipping into pensions of elderly buyers to prop up sagging sales

Existing home sales data was released this morning by the National Association of Realtors for the month of January.  It was fairly close to forecasts, but nonetheless slid to the lowest levels since 2011 for […]

30 May: Almost 400 Products Pulled From Shelves Hundreds of mortgage deals have been pulled by lenders over the past week, according to data from Moneyfacts, writes Mark Hooson. Borrowers have fewer residential and buy-to-let mortgages […]

​ A group of investors led by the former U.S. Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital, will inject $1 billion in equity investment in struggling New York Community Bancorp […]