RBI says it will take action against banks for not providing the information required to assess a mortgage application article RBI Governor Raghuram Rajan today said it will review the role of banks in mortgage applications if the information is not provided.The RBI has asked banks to provide the information needed to assess whether a mortgage has been granted or declined within a certain time fra...
Today in housing: The foreclosure crisis may be getting worse, but not for those who were struggling in the foreclosure crisis.
Today in the mortgage market: Bankruptcies are back, and they’re more widespread than ever before.
That means there are more foreclosures than ever, and more people who are in debt than ever.
More foreclosure stories: A new report shows that the foreclosure rate for a homeowner who owns a home in the United States has been on the rise since the Great Recession ended.
That’s a huge increase from a few years ago.
A new report from Moody’s Analytics shows that home sales in the U.S. are now the lowest they’ve been in more than five years.
It’s not just the U: Home sales have fallen nationwide, according to new numbers from the Census Bureau.
“The U.K. and Australia, where home prices are higher, are also seeing record-low prices,” Moody’s says in a press release.
But the housing market isn’t the only place where prices are dropping.
It’s also been a tough year for homeowners.
The U-Haul is one of the fastest growing companies in the world, but its stock price is down 27% from its peak in January.
The S&P 500 is down 13%, and the Dow Jones Industrial Average is down nearly 6%.
The S &L index is down 6%.
And in the financial sector, the banks that were bailed out by the government have been hurt, too.
A number of large banks have shut down, and some of those have announced that they are pulling out of the U-Mortgage market altogether.
In the last month, the S&s has gone up by more than 2%.
In fact, the Dow and the Nasdaq are both down by over 1% in the last week.
But there’s still hope for the financial industry.
According to a report from Bloomberg, some of the big banks are starting to get more comfortable with the idea of selling assets and relocating operations to a more attractive market.
And that could help save homeowners from a foreclosure crisis in the future.