Hundreds of millions of dollars of suspected fraudulent loans have been uncovered at 10 major banks during an operation involving Australia’s top-tier financial regulation and criminal…
Authorities have uncovered coordinated mortgage fraud with foreign actors exploiting weak oversight of lending rules to unlawfully funnel money into property. In particular, the Sydney market…
The lender says there are reasons to be cheerful amid the headwinds facing the property market, but bank watchers say margin pressure is likely to increase.…
South Koreas Mortgage Rates Near 8%, Credit Loans at 7% Overdraft Balances Hit 3-Year High as Banks Raise Rates Amid Funding Costs Read More: South Korea’s…
Delinquency rates for mortgages backed by commercial properties increased during the first quarter of 2026. That’s according to the Mortgage Bankers Association’s (MBA) latest commercial real…
Sales of previously owned homes in April were essentially flat compared with March, rising just 0.2% to 4.02 million units on a seasonally adjusted, annualized basis,…
The head of Australia’s financial crimes watchdog has warned of a growing insider threat within the banking sector as it grapples with expanding mortgage fraud and…
Over the past five years, the average payment has jumped 44% — and breached $2,000 per month for the first time late last year, according to…
The Middle East war is impacting something most Canadians may not have expected: the cost of some mortgages.Last month, three- and five-year fixed mortgages increased by…
Fifth Third recruited a team of four from one of the city’s most prominent banks to launch its private bank in Alabama. Read More: Fifth Third…