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Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.

TRX Mortgage Lending Platform  Now Available to Public On TRON’s Nile Testnet

TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet

The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.

HKMA Broadens Mortgage Insurance Programme Eligibility Criteria

HKMA Broadens Mortgage Insurance Programme Eligibility Criteria

The Hong Kong Monetary Authority has expanded the eligibility criteria of the Mortgage Insurance Programme.

Hong Kong Mortgage Applications Drop 16.1% in May 2024, HKMA Reports

Hong Kong Mortgage Applications Drop 16.1% in May 2024, HKMA Reports

The Hong Kong Monetary Authority reported a 16.1% decrease in mortgage applications for May 2024, while mortgage loans approved increased by 8.8%.

Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports

Hong Kong Mortgage Applications Drop by 17.2% in June 2024, HKMA Reports

The Hong Kong Monetary Authority (HKMA) reports a 17.2% decline in mortgage applications for June 2024, with significant decreases in loan approvals.

Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024

Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024

The Hong Kong Monetary Authority's survey reveals a decrease in residential mortgage loans (RMLs) in negative equity by end of June 2024.

HKMA Reports July 2024 Residential Mortgage Survey Results

HKMA Reports July 2024 Residential Mortgage Survey Results

The Hong Kong Monetary Authority (HKMA) reports a 0.7% increase in mortgage applications for July 2024, along with significant trends in mortgage loans and delinquency ratios.

Hong Kong Sees Surge in Negative Equity Residential Mortgage Loans

Hong Kong Sees Surge in Negative Equity Residential Mortgage Loans

Hong Kong Monetary Authority reports a significant rise in residential mortgage loans in negative equity, reaching 40,713 cases at the end of September 2024.

Hong Kong Mortgage Market Faces Decline in September 2024

Hong Kong Mortgage Market Faces Decline in September 2024

The Hong Kong Monetary Authority reports a significant decline in mortgage applications and loans in September 2024, with a notable drop in financing for both primary and secondary market transactions.

Hong Kong's Mortgage Market Sees Uptick in November 2024

Hong Kong's Mortgage Market Sees Uptick in November 2024

Hong Kong Monetary Authority reports a 9.7% increase in mortgage applications for November 2024, with loans approved reaching HK$24.2 billion.

HKMA Introduces Special Mortgage Scheme for Uncompleted Properties

HKMA Introduces Special Mortgage Scheme for Uncompleted Properties

The Hong Kong Monetary Authority has announced a special mortgage scheme to assist homebuyers of uncompleted residential properties facing financial challenges.

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