Loans & Financing
Singapore property curbs may bit into banks' growth
The biting restrictions that Singapore introduced earlier this week to cool the city's property prices will likely affect credit growth at the city's lenders and restrict their share gains.
Commercial Real Estate Loan Prices Rise in July PRNewswire 01.09.2010 | SCB Offers Thai borrowers 1% for the first yearStaff Reporter 31.08.2010 |
 The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralize CMBS increased to 79.4% as of July 30, 2010, up from 77.4% as of June 30, 2010. Loan values were 71.1% as of July 31, 2009. |  Siam Commercial Bank, Thailand's fourth-largest bank in terms of assets, announced a fixed-rate home loan product at 1% interest for one year in a bid to attract new customers. |
US real estate foreclosures fall marginally but mortgage delinquencies increase to bring more gloom Property Wire 30.08.2010 | AgBank Halted Loans To Real Estate FirmsTODD SHRIBER China Vestor 30.08.2010 |
 As financial experts warn that falling property prices in the US could affect economic output and create a double dip recession there is more mixed news for the country’s real estate sector. |  August 30, 2010 (Chinavestor) Agricultural Bank of China (HKG:1288), China's third-largest bank by assets, said that stopped making loans to property firms last Tuesday in a bid to temper China's soaring growth in property development lending. The bank said it will not make such measures a permanent fixture. |
Lenders to closely monitor property loans China Daily 27.08.2010 | Thailand’s MBK offering condo financing for foreignersbperry Property Report 26.08.2010 |
 BEIJING, Aug. 27 (Xinhuanet) -- State-owned Chinese banks on Thursday said they have not suspended lending to realtors, but would monitor such exposure closely to avoid future problems. |  Thai institutional group MBK PLC is now offering financing to foreigners on freehold condominiums through its subsidiary MBK Guarantee Ltd. |
NY Fed To Buy Fannie, Freddie Securities To Hold Down Mortgage RatesAmy Munday Huliq.com 09.03.2010 | HDB rules changeJoyce Yeo The Straits Times 08.03.2010 |
 The New York Federal Reserve bought $1.5 billion of mortgage-back securities, something that is supposed to end by late March. The statement reveals that a total of $170.631 billion has now been spent on similar bail-out ventures. The goal is to keep the mortgage rates lower and help the economy. |  BUYERS of non-subsidised HDB resale flats must now occupy their flats for at least three years before they can sell, under new rules unveiled yesterday. |
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