The company is in discussions with local banks to refinance real estate financing portfolios and the sukuk sale is in anticipation of closing those deals. DUBAI - Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of U.S. mortgage finance...
The Social Housing and Mortgage Finance Fund revealed that banks’ contributions amounted to about $2.47bln to about 428,150 customers within the initiative, accounting for about 95.4% of the total funding Egypt - Banks and finance companies’ contributions to the Central...
OCEAN TOWNSHIP, NJ, August 30, 2022 (News) – via InvestorWire – Advisors Mortgage Group (“Advisors” or “Company”), headquartered in Ocean Township, NJ, announces that it has been recognized by NJBIZ as one of the Top 250 Private Companies in...
Industrial and Commercial Bank of China Ltd (ICBC) said on Tuesday frozen property projects involved 637 million yuan of non-performing mortgage loans at the end of June. The comments were made in a post-earnings press conference by Vice President Wang...
Chave Group is an investment company with offices in Nigeria and Cape Verde. The motive to open the office in Cape Verde is due to the numerous business opportunities in the country. The Executive Director – Chioma Nwaorie had the pleasure...
People’s Bank of China has slashed the benchmark interest rate for mortgages from 4.45% to 4.3% to resolve the worsening property crisis. China’s central bank on Monday announced that it would cut its five-year loan prime rate. It also slashed...
India’s geographical location, large population, and rapid economic development make it highly vulnerable to the consequences of climate change. Climate change and global warming are no longer debatable topics. The effects are clearly visible. Extreme weather events like heatwaves,...
Plans are underway for the construction of 600 houses in Windhoek. This was revealed by Tuafi Shafombabi, a spokesperson for the National Housing Enterprise (NHE). According to Shafombabi, the cost of the houses would be about N$250 million. NHE has...
In this article Barnard comments on the latest development in the ongoing battle between the City of Johannesburg and Property Developers in respect of the requirement to pay a developmental levy to obtain approval for property developments. In...
The US housing market has plunged into a full-blown recession as tightened economic policy and surging expenses weigh on home builders. Builder confidence has plummeted for eight consecutive months, marking its worst stretch since the housing market imploded in 2007...
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