Search results for : mortgage
Fresh pledge for 20m mortgage relief
Fresh pledge for 20m mortgage relief
DESPITE the failure of the government's mortgage relief plan early in this political term, Prime Minister Perry Christie yesterday announced plans to revive the scheme, revealing that it will cost taxpayers $20m over four years.
Fresh pledge for 20m mortgage relief
Fresh pledge for 20m mortgage relief
DESPITE the failure of the government's mortgage relief plan early in this political term, Prime Minister Perry Christie yesterday announced plans to revive the scheme, revealing that it will cost taxpayers $20m over four years.
FNM lashes gov't on Baha Mar, mortgage plan and NHI
FNM lashes gov't on Baha Mar, mortgage plan and NHI
Deputy Leader of the Free National Movement (FNM) Peter Turnquest yesterday described a new mortgage relief program announced by Prime Minister Perry Christie in his budget communication as a "complete fantasy".
New mortgage relief plan announced
New mortgage relief plan announced
Years after watching his Progressive Liberal Party's (PLP) September 2012 mortgage relief plan fade away without the widespread impact that was promised on the campaign trail, Prime Minister Perry Christie yesterday announced a revamped scheme to hopefully rescue hundreds of delinquent homeowners.
Dorsett insists law followed on mortgage corp audits
Dorsett insists law followed on mortgage corp audits
ENVIRONMENT & Housing Minister Kenred Dorsett criticized a Tribune report yesterday, emphasising that the Bahamas Mortgage Corporation has been conducting audits required by law.
Tight loan conditions slow mortgages, real estate market
President of the Bahamas Real Estate Association (BREA) Carla Sweeting said the real estate market in The Bahamas is "sluggish" because banks have made borrowing difficult.
Turnquest offers mortgage relief proposals
Turnquest offers mortgage relief proposals
Shadow Minister of Finance and Free National Movement (FNM) Deputy Leader Peter Turnquest yesterday said mortgage relief is a product of cooperation and facilitation between banks and the government, and gave his own possible solutions to the mortgage problem.
DNA would 'abolish' adjustable rate mortgages below threshold
Democratic National Alliance (DNA) Leader Branville McCartney has unveiled the DNA's mortgage relief scheme, which focuses on "cooling the temperature of hot property prices in New Providence", working to abolish adjustable rate mortgages for homes under a certain threshold and putting people back into homes.
Smith: Unemployment driving mortgage arrears
Smith: Unemployment driving mortgage arrears
Former Governor of The Central Bank of The Bahamas James Smith says high unemployment is driving an increase in mortgage arrears in The Bahamas.
PM slammed over mortgage promises
PM slammed over mortgage promises
FREE National Movement Chairman Michael Pintard yesterday criticised Prime Minister Perry Christie for "playing politics" with his administration's long-promised mortgage relief plan, lambasting Mr Christie for continuing to promise results for "grieving families" when he has "helped less than six families save their homes".