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Largest India Bank Sees Loan Growth Jumping From 25-Year ...

State Bank of India cuts MCLR by 90 basis points on Jan. 1

Surge in deposits post cash ban allows banks to cut loan rates

State Bank of India , the country's largest lender, is predicting an acceleration in loan growth from a 25-year low after slashing borrowing costs to the lowest level in at least six years.

The state-run lender cut lending rates based on the marginal costs of funds by 90 basis...

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Greenwich Is the Worst U.S. Housing Market, Sternlicht Says

Barry Sternlicht, chairman and chief executive officer of Greenwich, Connecticut-based

Starwood Capital Group , said the town may be the worst housing market in the U.S., and that he now officially lives in Florida.

"You can't give away a house in Greenwich," Sternlicht said Tuesday at the CNBC Institutional Investor Delivering Alpha Conference in New York.

The town -- about 30 miles (48 kilometers) northeast of midtown Manhattan and home to some of the country's largest hedge funds -- is seeing a pile-up of houses on the market and prices that are faltering as properties linger. Home sales in the second quarter fell 18 percent from a year...

Vancouver Renters Help Million-Dollar Homeowners With ...

Province raises homeowner grant threshold to C$1.6 million

Loans to pad first-time buyers' down payments start next week

Vancouver Home Prices Climb 18% in 2016

In Canada's priciest real estate market, the provincial government is pitching in to pay the property taxes of million-dollar Vancouver homeowners and offering loans to first-time buyers for down payments.

Too bad for renters, who are...

Ocwen Loan Servicing, LLC: Private Company Information ...

Ocwen Loan Servicing, LLC Key Developments

Ocwen Loan Servicing, LLC Extends Corporate Debt Maturities to December 2020 and December 2022

Dec 6 16

Ocwen Financial Corporation (Ocwen or the company) announced the completion of the settlement of the previously announced Exchange Offer by its Ocwen Loan Servicing, LLC (OLS) pursuant to which OLS issued $346.9 million aggregate principal amount of...

Related topics : company loan interest rate / interest rates loan

HSBC Sells U.S. Consumer, Homeowner Debt for $3.2 Billion

HSBC Holdings Plc, Europe's biggest bank by assets, agreed to sell a portfolio of U.S. consumer loans for $3.2 billion in cash as it scales back its operations in the country.

The sale to a subprime lender backed by Fortress Investment Group LLC and a mortgage investor managed by the private-equity firm is slated to be completed in the second quarter, London-based HSBC said in a statement...

Why Do Wealthy People Auction Multimillion-Dollar Homes ...

Hundreds of wealthy homeowners are taking the riskier route. Here's why.

@jstarmy More stories by James Tarmy

Count Spaur zu Flavon und Valer's family had lived in its 80-room castle in the Dolomites for more than 650 years; having recently poured more than EUR10 million ($11.25 million) into its restoration, the count decided in 2012 that it was time to sell. And then the castle, which was...