RAMS Home Loans Group Prices $300M Bond Issue (RHG.AX, 00766050, 20071003) (Aspect Huntley via Yahoo!7 Finance)
RAMS Home Loans Group announced increasing its proposed A$250m issue of residential mortgage backed securities and has priced the proposed deal with an increased face value of A$300m. Assuming the bond issue proceeds to settlement, the $A300m of bonds will be issued by RAMS Mortgage Securities as trustee of the RAMS Mortgage Securities Trust. Dealers have informed RAMS that they have placed the ...
Banks call halt to cheap home loans (Daily Telegraph)
The head of Britain's biggest mortgage lender has warned that home loans will become more expensive as a result of the crisis in the money markets.
HBOS shifts focus from home loans (Daily Telegraph)
Britain's biggest mortgage lender, HBOS, has signalled a significant change in tactics by diverting focus away from home loans and into corporate lending following "a fundamental shift" in the mortgage market.
Standard Chartered to boost home loans (Bangkok Post)
Standard Chartered Bank (Thailand) plans to expand its housing loan portfolio over the next three years to 60% of total retail loans from only 10% now.
South Africa: Integer Takes Aim At Home-Loans Status Quo (AllAfrica.com)
WHEN Simon Stockley quit as CEO of home loans provider South African Home Loans three years ago and sold his stake in the company, he entered into a "non-compete" agreement with the company he helped form eight years ago.