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

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  • Short Sale Basics; Global Mortgage Standards; FHA Streamlines; Lots of Investor News 19 Nov 2009 16:00 GMT
    ... to be a key part of the housing activity in their area. Many analysts feel ... is the timeframe within which a new mortgage loan can be taken out: two years versus ... the securities at until the issuers could refinance the debt. Both CitiMortgage and Bank of ...

  • BoT Gets Sh53 Billion to Ease Housing Shortage 16 Nov 2009 14:15 GMT
    ... to the BoT, includes the development of mortgage and housing-microfinance instruments in an effort to ... for the purchase, construction or upgrading of residential houses. The objective will be achieved through ... BoT, and later by the Tanzania Mortgage Refinance Company (TMRC). The loan will also be ...

  • HomeLoans-SouthAfrica.co.za Sees An Increase In New Home Loans 15 Nov 2009 20:15 GMT
    ... indicator of a positive turn in the housing market. It could also be simply an ... customers seeking to get better terms by refinancing an existing mortgage loan. The upturn in new home loans is ...

  • Federal Reserve Chairman Ben S. Bernanke At the Economic Club of New York, New York, New York - On The Outlook For The Economy And Policy 16 Nov 2009 22:53 GMT
    ... credit markets and helped lower rates on mortgages and other loans through large-scale asset purchases, ... critically on the ability of borrowers to refinance many of those loans. Especially if CMBS ... problems, including continuing high foreclosure rates, but residential investment should become a small positive for ...

  • What Bernanke's Economic Recovery Means for U.S. Jobs 17 Nov 2009 01:31 GMT
    ... and of the loans that back commercial mortgage-backed securities (CMBS). Pressures may be particularly acute ... critically on the ability of borrowers to refinance many of those loans. Especially if CMBS ... problems, including continuing high foreclosure rates, but residential investment should become a small positive for ...

  • Bernanke's Outlook For Recovery and What It Means For Jobs 16 Nov 2009 21:36 GMT
    ... and of the loans that back commercial mortgage-backed securities (CMBS). Pressures may be particularly acute ... critically on the ability of borrowers to refinance many of those loans. Especially if CMBS ... problems, including continuing high foreclosure rates, but residential investment should become a small positive for ...

  • FMBN Moves to Boost Morgage, Embarks on Debt Recover 16 Nov 2009 14:33 GMT
    ... via COMTEX News Network) -- The Federal Mortgage Bank of Nigeria (FMBN) has commenced moves aimed ... some steps aimed at achieving a viable housing financing mechanism. Ahmed said that the nation's ... subsequent tranches of its N100bn bond to refinance the sale of Federal Government houses in ...

  • Debts... They Grow Up So Fast! 18 Nov 2009 01:24 GMT
    ... the 'recovery,' unemployment is still rising and house prices are still falling. So, if speculators ... then will it repay debt? Perhaps by refinancing! Other reports are similarly confusing and inconclusive. ... losses continue to be "deep and enduring." Mortgage applications are running lower than they were 9 ...

  • A Bull Market in Gold and Gold Alone 18 Nov 2009 05:54 GMT
    ... the 'recovery,' unemployment is still rising and house prices are still falling. So, if speculators ... then will it repay debt? Perhaps by refinancing! Other reports are similarly confusing and inconclusive. ... losses continue to be "deep and enduring." Mortgage applications are running lower than they were 9 ...

  • The Fall of All Paper Currencies 18 Nov 2009 11:15 GMT
    ... the 'recovery', unemployment is still rising and house prices are still falling. So, if speculators ... then will it repay debt? Perhaps by refinancing! Other reports are similarly confusing and inconclusive. ... losses continue to be "deep and enduring". Mortgage applications are running lower than they were 9 ...

  • Housing agency running out of cash 13 Nov 2009 09:43 GMT
    ... NEW YORK (CNNMoney.com) -- The mortgage meltdown has ravaged the finances of a crucial ... government agency tasked with propping up the housing industry. The Federal Housing Administration's reserve fund ... 30% of home purchases and 20% of refinanced mortgages in fiscal 2009. Nearly 50% of ...

  • Housing agency finance trouble 13 Nov 2009 16:43 GMT
    ... NEW YORK (CNNMoney.com) -- The mortgage meltdown has ravaged the finances of a crucial ... government agency tasked with propping up the housing industry. The Federal Housing Administration's reserve fund ... 30% of home purchases and 20% of refinanced mortgages in fiscal 2009. Nearly 50% of ...

  • Cash cushion shrivels - U.S. housing agency 12 Nov 2009 15:26 GMT
    ... trying to get their loans modified or refinanced. Here's where the average American family can ... the bank. NEW YORK (CNNMoney.com) -- The mortgage meltdown has ravaged the finances of a crucial ... government agency tasked with propping up the housing industry. The Federal Housing Administration's reserve fund ...

  • CNN - Cash Cushion Shrivels - U.S. Housing Agency 12 Nov 2009 16:49 GMT
    ... NEW YORK (CNNMoney.com) -- The mortgage meltdown has ravaged the finances of a crucial ... government agency tasked with propping up the housing industry. The Federal Housing Administration's reserve fund ... 30% of home purchases and 20% of refinanced mortgages in fiscal 2009. Nearly 50% of ...

  • Federal housing agency running out of cash 12 Nov 2009 20:22 GMT
    ... NEW YORK (CNNMoney.com) -- The mortgage meltdown has ravaged the finances of a crucial ... government agency tasked with propping up the housing industry. The Federal Housing Administration's reserve fund ... 30% of home purchases and 20% of refinanced mortgages in fiscal 2009. Nearly 50% of ...


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