Takaful expects mortgage insurance business to rise (New Straits Times)
SYARIKAT Takaful Malaysia Bhd expects its mortgage reducing term assurance (MRTA) business to make up to 50 per cent of its portfolio by April next year.
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Raising of interest rates to continue, Greenspan says Although the nation's economy is enjoying a period of "sustained economic growth" with only modest inflationary pressures, Federal Reserve Chairman Alan Greenspan told lawmakers yesterday, the Fed will continue ...read
Bad news isn't over for home-builder stocks Investors banking on a recovery for battered home-building stocks in 2007 may end up having their hopes dashed with the industry facing more impairment charges and record inventories of unsold
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As loans go bad, mortgage insurers worry (AP via Yahoo! News) As the housing market crumbles, homeowners are worried about mortgage payments and sellers are worried about slumping prices ? but the companies that insure their loans are worrying about