The article reports on the issues concerning the high rates in the homeowner's mortgage lending in South Africa. According to FNB property strategist John Loos, on reason why mortgages were high is the considerable lag...
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Leonard Ncube, Victoria Falls Reporter THE Ministry of Higher and Tertiary Education, Science and Technology Development has signed a $10 million student loan fund with a South African company that will provide loans to tertiary students at low interest rates. The move comes after an outcry by st...
Mortgage firms have shied away from writing housing loans, mainly due to a lack of long-term deposits in the industry to match them. KMRC will now feed the banks with long-term funding, reducing the lenders’ reliance on short-term loans. Commercial banks in Kenya had only 27,993...
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the top 25 lenders that originated $1 trillion in subprime loans. Editor Daniel Wagner speculates a new housing bubble is on the way. He writes, "Today, senior executives from all 25 of those companies or companies that they swallowed up before the crash are back in the mortgage business....
Financial institutions' capital market activities may also grow more rapidly as the largest corporations increasingly raise funds in debt markets, because they are less costly than bank loans. Moreover, midsized companies will increasingly seek access to th...
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