All posts tagged "Mortgages"
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70Australia & NZACCC Wary of Potential NAB Bid for Citigroup Unit
NAB is in talks about a possible acquisition of Citigroup’s Australian retail banking business. The ACCC says it is paying close attention.
July 18, 2021 -
98KoreaKorea to Introduce 40-Year Mortgages from 1 July
Young adults and newly married couples will be eligible to apply for 40-year home mortgage loans under a government-sponsored programme.
June 24, 2021 -
67Australia & NZRBNZ to Add Debt-to-income Limits to Policy Toolkit
DTI limits will reduce the likelihood of mortgage defaults, the RBNZ said, expressing concerns that rising housing prices may present financial stability risks.
June 18, 2021 -
120ChinaCBIRC Fines Four Banks for Property Lending Breaches
Postal Savings Bank of China, China Merchants Bank, China Guangfa Bank and Shanghai Pudong Development Bank were fined a combined CNY 5.3 million.
June 10, 2021 -
107ChinaShenzhen, Guangzhou Order Microfinance Firms to Halt Property Lending
Financial authorities in Guangzhou and Shenzhen have ordered microfinance companies to stop providing credit for estate assets and investments.
June 5, 2021 -
96ChinaCBIRC Warns Small Banks to Rein In Property Lending
The CBIRC will punish lenders that help borrowers to circumvent regulations prohibiting the use of business loans to buy real estate.
June 3, 2021 -
157Australia & NZAPRA Sets Out Timeline for Finalisation of Capital Reforms
The final prudential standards will be released in November, the final prudential practice guides in Q2 2022, and the final version of the interim reporting standards in Q3 2022.
June 3, 2021 -
126Australia & NZASIC Files Criminal Charges Against ME Bank
ME bank made "false or misleading" representations in home loan customer communications and failed to give timely notice of changes to the loan terms.
May 29, 2021 -
180Asia-PacificBank of Thailand Unveils Third Phase of Debt Relief
The third phase of debt relief measures covers unsecured credit card and personal loans, auto hire-purchase loans, car title loans and mortgages.
May 19, 2021 -
73Australia & NZ
APRA Asked to Ensure Fairness in Capital Framework
The calibration of overall capital requirements should not increase capital requirements for standardised banks, COBA said in a submission to APRA.
May 12, 2021
