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  China real estate crisis: Authorities to rescue property builders after homebuyers boycott mortgages

  World | August 04, 2022 12:13 IST

  Many Chinese home buyers announced they would stop making mortgage payments to banks until work resumed on unfinished projects, VOA reported.

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  JPMorgan plans cutting 3,000 more jobs in 2014

  November 08, 2014 9:40 IST

  New York: JPMorgan, the nation's largest bank by assets, plans to cut 3,000 more jobs this year than previously planned in its card and mortgage business units.The bank said in February that it was planning

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  Why reverse mortgage has not taken off in India

  June 17, 2014 9:18 IST

  Pune: A reverse mortgage is a special type of loan against a home that allows the borrower to convert a portion of the equity in the property into cash. The equity built up over many