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Mortgage move to help lenders, borrowers

BUDGET & MONEY

Bs Reporter Mumbai
  • The domestic home loans market has been growing at a breathtaking pace over the last couple of years. And with the growth, banks have also been facing higher levels of bad loans. Mortgage guarantee is a critical component in a residential mortgage financing. It protects mortgage lenders from credit losses and also helps individuals to buy homes with low down payments.  The impact

  • Apart from helping lenders and borrowers, mortgage insurance companies are expected to greatly benefit the largely neglected section of borrowers
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    First Published: Mar 01 2007 | 12:00 AM IST

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