Mortgage exit by Westpac leaves borrowers hanging

Westpac’s decision to unwind its mortgage loan portfolio as several Australian lenders are clamping down on home loans to foreigners as concerns about housing market down under mount.

STOKE-ON-TRENT, England (Reuters) – The framed coat of arms hanging in the headquarters. started offering more high risk loans, targeted borrowers in their 70s and 80s and launched an interest-only.

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Westpac Group, the nation's second-largest mortgage lender, is planning. potentially leaving borrowers struggling to make their repayments.

The framed coat of arms hanging in the headquarters of the Hanley. the lender has started offering more high risk loans, targeted borrowers in their 70s and 80s and launched an interest-only.

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In the past year, the lender has started offering more high risk loans, targeted borrowers in their 70s and 80s and launched an interest-only mortgage aimed at retirees that lasts up to 55 years. Mortgage exit by Westpac leaves borrowers hanging. rts link project

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Westpac Singapore is exiting the mortgage business, leaving 300 borrowers in the lurch. The Singapore office is unwinding its loan portfolio.

Mortgage exit by Westpac leaves borrowers hanging About 300 of Westpac Singapore’s customers were notified that the bank would unwind its mortgage loan portfolio. The decision to unwind its mortgage loan.

and are only levied if a customer leaves a mortgage within the first four years. Commonwealth Bank of Australia, the nation’s largest home-lender, and ANZ charge their customers $700 exit fees while.

About 300 of Westpac Singapore's customers were notified that the bank would unwind its mortgage loan portfolio. The decision to unwind its.

Mortgage exit by Westpac leaves borrowers hanging About 300 of Westpac Singapore’s customers were notified that the bank would unwind its mortgage loan portfolio. The decision to unwind its mortgage loan.

If Greece were to exit and revert to the drachma. it does in reality crystallise their losses. Many are hanging in there hoping that things will improve," he says. But Clare Nessling, a director at.

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