July 2022

In recent months, we have heard a lot about the harassment of banks and loan applications in the name of recovery. Amazingly, Andhra Pradesh Agriculture Minister Kakani Govardhan Reddy and former Minister and MP Anil Kumar Yadav have…

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MUMBAI: With the arrest of six people, the government railway police (GRP) claim to have foiled a loan application scam with links to China and Nepal and ran into several crores. Two of the defendants - a father-son duo from Delhi -!-->!-->…

The developers behind Water Street Tampa took out a $150 million mortgage on the JW Marriott hotel, which opened in late 2020 in downtown Tampa.This is the second mortgage of at least this size on a Water Street property in the past four…

Cyber ​​police officials from the Mumbai Crime Branch have busted an "international loan application fraud" in which a gang of at least 14 people, arrested in June and July, duped several Indians to the tune of Rs 300 to Rs 350 crore,…

Guild Mortgage rolled out a new program, aimed at first-time home buyers, that will accept rental payment records and residual income history in place of credit scores. If the fintech company borrowers report FormFree, which provides…

BEIRUT (AP) — Lebanese lawmakers voted on Tuesday to use a $150 million loan from the World Bank to pay for wheat imports into the cash-strapped country.Already in the grip of a crippling economic crisis, Lebanon is also struggling to cope…

What happens when someone takes out a home loan, dies without a will, and the next of kin of the deceased chooses not to continue paying the mortgage? What will the bank do? Well, in June 2022, a Singapore case received its judgment after…

Odisha's Economic Offenses Wing (EOW) has arrested a New Delhi-based chartered accountant for his alleged link in the fraudulent remittance of Rs. 6.18 crore loan from a nationalized Bhubaneswar-based bank five years ago year. The…

Lack of Due Diligence by Digital Service Providers Only Leads to Rise in Loan App Scams in Bangalore Lack of Due Diligence by Digital Service Providers Only Leads to Rise in Loan App Scams in Bangalore A 37-year-old businesswoman…

Michael Rossi has joined the Hudsonville branch of Lake Michigan Credit Union as a Mortgage Loan Officer for the Lakeside area. After graduating from Grand Valley State University, Rossi joined LMCU in 2015. He started as a branch staff…

The acquisition of Ulster Bank's €7.6bn loan portfolio by Permanent TSB (PTSB) has been cleared by the Competition and Consumer Protection Commission (CCPC).In February 2021, Ulster Bank announced plans to withdraw all banking services in…

British digital bank Starling reported its first full-year profit after entering the mortgage market with a series of portfolio acquisitions. The app-based bank posted a pre-tax profit of £32.1m for the year to the end of March,…

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Ron Meier discusses the benefits and risks of reverse mortgages. Listen to the interview on the Business Innovators Radio Network:…

Hyderabad: Desperate over alleged harassment by instant loan application recovery officers, a 24-year-old woman from Guntur, Andhra Pradesh, and two young men from Karimnagar district, Telangana, took their own lives earlier this week. The…

Express press service KOCHI: Another case of threat and abuse by operators of online money lending apps has surfaced. Kochi Cyber ​​Police has registered a case based on a complaint about such an app by an indigenous…

The defendants are using the SIM card through fake IDs and using bank accounts of people from remote villages in the northeastern states, a police officer investigating the case said. The defendants are using the SIM card through…

The Immigration Bureau has issued a surveillance circular against Chinese national Liu Yi for his alleged involvement in deceiving people through fake digital loan apps at the behest of Bhubaneswar's Economic Crimes Wing, it said.…

Thousands of lower-middle-class people in need of small loans may have been victims of extortion, senior Odisha police official says Thousands of lower-middle-class people in need of small loans may have been victims of extortion,…

Owning a home is everyone's dream, but it can often seem out of reach due to ownership costs and other financial constraints. Although a home is one of the most important investments you can make, there are a few things to consider in…

HYDERABAD: The Enforcement Directorate (ED) has provisionally seized 86 crore from various bank accounts and payment gateway accounts of loan application companies linked to Chinese companies. The ED has brought an action against Kudos…

NEW DELHI: At least 14% of Indian citizens have used an instant readyapp for the past two years to obtain a loan, which then charge a high interest rate on the principal loan amount. This is evident with the fact that 58% of citizens!-->!-->…

Estimation of the volume of residential real estate transactions and forecasts of mortgage loans for…

Estimation of the volume of residential real estate transactions and forecasts of mortgage loans for…

The World Bank has approved loans totaling $1.75 billion (approximately Rs 13,834.54 crore) to finance Indian Prime Minister Ayushman Bharat's program and private investments to spur economic growth. Of the total loan, USD 1 billion will…