Tamweel PJSC (TAMWEEL) may consider tapping the debt market again this year after the United Arab Emirates mortgage lender raised $300 million from the sale of Islamic bonds in January.
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Tamweel May Tap Debt Market Again This Year, Acting CEO Says
Posted by mortgage 37 days ago (Editorial)Mortgage rates drop, Freddie Mac says; 15-year fixed at record low
Posted by mortgage 41 days ago (Editorial)
Mortgage rates are sharply lower on news of a weakening job market, with the 30-year fixed loan averaging 3.88% this week and the 15-year fixed at a record low of 3.11%, according to Freddie Mac.
Mortgage Rates for 30-Year U.S. Loans Decline to 3.88%, Freddie Mac Says
Posted by mortgage 75 days ago (Editorial)
U.S. mortgage rates for 30-year loans fell to 3.88 percent, lowering borrowing costs as the economy and demand for housing strengthen.
Lenders Must Be Named in Foreclosures, New Jersey Court Says
Posted by mortgage 85 days ago (Editorial)
New Jersey?s Supreme Court ruled documents indicating a bank?s intention to foreclose on a mortgage must name the lender before a residential property can be seized.
Mortgage rates inch higher, Freddie Mac says
Posted by mortgage 89 days ago (Editorial)
The average rate for a 30-year fixed loan rose to 3.95% this week, up from a record low of 3.87% the previous three weeks. Fixed mortgage rates are edging up from their record lows, this week's market surveys indicate.
Wells Fargo Directors Must Face Claims Over Foreclosure Probe, Judge Says
Posted by mortgage 99 days ago (Editorial)
Wells Fargo & Co. directors must face investors? claims that largest U.S. mortgage lender failed to properly disclose details of its foreclosure practices to government investigators, a judge ruled.
China Limits Mortgage Loans for Foreigners, NDRC Says
Posted by mortgage 110 days ago (Editorial)
China will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices.
N.J. woman who fraudulently obtained home mortgage used money to make ends meet, attorney says
Posted by mortgage 137 days ago (Editorial)
Dianne Butto-Sibilia is expected to be sentenced to 364 days in jail, a probationary term and be required to pay full restitution to her victims when she is sentenced Jan. 23
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