Africa Mortgage Affordability News

Africa Mortgage Affordability News is an EIN News Service for real estate professionals. Constantly updated news and information about Africa Real Estate.

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Westshore Hotel foreclosure caused by high debt, mismanagement 7 Nov 2009 00:43 GMT
... to an auction sale at the county courthouse. But wider problems helped push the aging ... $2 million to supplement a $15.4 million mortgage from UBS. A month later, the partners ... hotel. It was told the partners couldn't afford to keep the doors open past Dec. 19. That ...
The Hidden Reason for All Those Mortgage Defaults 4 Nov 2009 09:39 GMT
... out of four homeowners defaulting on their mortgage today is doing so, even though they can afford to make their monthly payments According to ... fear is an ever-widening, downward spiral in residential real estate prices which would continue to ...
IFC takes the lead 2 Nov 2009 00:32 GMT
... set up the first-ever independent, specialized Shariah-compliant housing finance company in Saudi Arabia in April ... promote home ownership by making housing finance affordable for the country's middle-and-lower-income residents. SHLC's specific market ... for the legal certainty of a Saudi mortgage law which was supposed to have been ...
We've hit rock-bottom - property economist 3 Nov 2009 12:56 GMT
... and September There are signs that the residential property market is stabilising and that interest ... year had an immediate impact on the affordability of debt, while the ripple effect of ... over the next few months. Growth in mortgage loans also showed a steady decline to ...
FMBN rebrands, wants home for Nigerians 1 Nov 2009 20:52 GMT
... The Federal Mortgage Bank of Nigeria (FMBN) said it would ... of assisting every Nigerian to own a house of their choice, thus creating a new ... products to mitigate mortgage_related risks and ensure affordability. Expand mortgage financing to the non_salaried informal ...
Relaxed banking criteria boosts home loan approvals 2 Nov 2009 15:37 GMT
... news Home > Realestateweb > NEWS > Residential Relaxed banking criteria boosts home loan approvals ... enter the market says South Africa's biggest mortgage originator, ooba. "For the last few months ... have been trying to sell as improved affordability of potential buyers, boosted by improved access ...
WOCCU: CU support would increase remittances in Africa 4 Nov 2009 13:51 GMT
... shows refinance volumes down in Sept. but mortgage rates still higher than in Spring. More ... by family members working abroad--to sustain their households, but some countries' financial systems are better ... would not only help make remittances more affordable, but foster greater economic stability among Africa's ...
Bayelsa woos Kenyan firm on housing devt 4 Nov 2009 20:58 GMT
... Yenagoa — Bayelsa State Commissioner for Housing and Urban Development, Chief Ayakeme Whisky, has ... state government to finance� the development of affordable housing units in the state. Whisky, who made ... informed the state govern-ment’s adoption of a mortgage policy to facilitate home ownership by civil ...
National Urban League and Wells Fargo Launch National Initiative to Address Pressing Needs in the African American Commu 5 Nov 2009 17:50 GMT
... community, starting with a focus on sustainable housing and community stabilization. The partnership will be ... that make it difficult for them to afford their homes." Earlier this year, Wells Fargo introduced ... trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 ...
National Urban League and Wells Fargo Launch National Initiative to Address Pressing Needs in the African American Community 5 Nov 2009 17:50 GMT
... Partnership to Begin With Focus on Sustainable Housing and Community Stabilization NEW YORK--(BUSINESS WIRE)-- The ... that make it difficult for them to afford their homes." Earlier this year, Wells Fargo introduced ... trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 ...
New Regal sale in trouble 4 Nov 2009 10:10 GMT
... REAL ESTATE | Theater slumps under weight of debt, ... claiming they defaulted on their $2.1 million mortgage. Chicago taxpayers have $1.9 million at risk, ... deep in debt. They said they can't afford a lawyer to sue and acknowledged that ...
CQ Transcript: White House Adviser Jarrett on ABC's 'This Week' 1 Nov 2009 20:13 GMT
... CQ Transcript: White House Adviser Jarrett on ABC’s ‘This Week’ VALERIE ... old health care system that is not affordable, that doesn’t offer coverage to everybody, that ... up 3.5. When you look at 30-year mortgages at a lower rate than it’s ever ...
National Urban League and Wells Fargo Launch National Initiative to Address Pressing Needs in the African American Community (BIZ) 5 Nov 2009 17:50 GMT
... that make it difficult for them to afford their homes." introduced Leading the Way Home(R), a ... Way Home(R), a multi-faceted initiative to stabilize housing, advance homeownership and revitalize neighborhoods in cities ... trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 ...
Minorities get fewer mortgages. But is that bad? 2 Nov 2009 08:53 GMT
... National Mortgage News reports that Home Mortgage Disclosure Act figures for 2008 show ... of those folks got mortgages they couldn't afford. The result: record foreclosures. Lenders made $342 billion ...
FMBN Signs $1.6 Billion Deal With HSBC 2 Nov 2009 10:10 GMT
... The Federal Mortgage Bank of Nigeria (FMBN) said it has ... of assisting every Nigerian to own a house of their choice. A statement from the ... products to mitigate mortgage-related risks and ensure affordability. It is also expanding mortgage financing to ...

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The Agenda for 2010: Jobs, Jobs and More Jobs (Joe Rothstein's Commentary) [06 Nov 2009 - 14:07]
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Buying and Selling News

Tax credit a 'pretty big deal' in local home sales [07 Nov 2009 - 16:11]
Existing home sales up 27.2% in most recent period [07 Nov 2009 - 16:11]
Organizing a Furnished Home For Sale [07 Nov 2009 - 16:10]
Snohomish County home sales shoot up 35% [07 Nov 2009 - 15:10]
Can I have a buy-to-let property Sipp? [07 Nov 2009 - 12:29]

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Housing Market News

Foreigners back in private home market [07 Nov 2009 - 22:29]
Social housing project has value [07 Nov 2009 - 19:51]
Earn A Lot With Miami Foreclosure Home [07 Nov 2009 - 17:29]
Race To Help Prevent Home Foreclosures [07 Nov 2009 - 16:28]
Ample supply of housing in private market, says Minister Mah [07 Nov 2009 - 15:27]

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Institutions News

Raleigh Regional Association of REALTORS® Releases Podcast on Triangle Fall Real Estate Market [07 Nov 2009 - 12:30]
ClickCulture Selected to Redesign Raleigh Regional Association of REALTORS® Web Site [06 Nov 2009 - 16:59]
Raleigh Regional Association Of REALTORS® Host ReBarCampRDU [06 Nov 2009 - 06:30]
Raleigh Regional Association Of REALTORS® Host ReBarCampRDU [05 Nov 2009 - 16:53]
Raleigh Regional Association Of REALTORS® Releases Podcast On Triangle Fall Real Estate Market [05 Nov 2009 - 06:17]

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Mortgage Lenders News

U.S. Treasury rejects Fannie Mae tax-credit sale [07 Nov 2009 - 22:11]
Fannie Mae rental program 'Deed for Lease' [07 Nov 2009 - 21:11]
Fannie Mae's Sale of Tax Credits Is A Bad Deal, Treasury Says [07 Nov 2009 - 20:50]
Freddie Mac posts Q3 loss of $5 billion [07 Nov 2009 - 18:11]
Report: US Treasury to reject sale of Fannie Mae tax credits [07 Nov 2009 - 12:13]

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Property Developers News

Hammerson gets green light for London property development [06 Nov 2009 - 19:44]
R28bn George property development unveiled [06 Nov 2009 - 19:44]
Target sells Cypress Creek property to developers [06 Nov 2009 - 06:55]
HK Property Stocks Fall; Evergrande IPO Surges [06 Nov 2009 - 06:29]
What IPO "fatigue"? Evergrande soars 34% [06 Nov 2009 - 05:45]

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Real Estate Brokers News

Blairstown community enjoys RE/MAX RIDGE Halloween party [07 Nov 2009 - 18:52]
Turkey 200 Presented by Keller Williams Realty November 7 to Close out the 2009 SSP Racing Season [06 Nov 2009 - 18:45]
Revamped RE/MAX shows off new look [05 Nov 2009 - 23:47]
PHOTO GALLERY: Revamped RE/MAX shows off new look [05 Nov 2009 - 23:45]
/C O R R E C T I O N -- Redfin/ [05 Nov 2009 - 21:56]

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Real Estate Financing News

SBI extends date of '8% home loan offer' [07 Nov 2009 - 22:10]
Obama's Stimulus for Mortgage Refinancing and Loan Modification [07 Nov 2009 - 19:10]
RioCan Real Estate Investment Trust Announces Redemption of Series J Unsecured Debentures [07 Nov 2009 - 18:51]
Online Va Home Loan Assistive Guideline [07 Nov 2009 - 15:28]
va guaranteed home loans [07 Nov 2009 - 15:28]

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