webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
SINGAPORE : The government has plugged loopholes in the law to prevent moneylenders from egging homeowners to use HDB flats as collaterals for any debt other than as mortgage for the purpose of financing the purchase of the flat.

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webmaster@technorati.com wrote an interesting post today on
Here’s a quick excerpt
The European Central Bank may limit the amount of risky assets financial companies can post as collateral for loans as it seeks to cut holdings of securities blamed for worsening the recession, according to analysts at Citigroup Inc., Nomura International Plc and Barclays Capital.

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wrote an interesting post today on
Here’s a quick excerpt
Secured loans are granted on the provision of a collateral or security which considerably lowers the risk undertaken by the creditor. The collateral is usually a house or landed property or real estate. These loans that are secured using real estate or property as collateral are called mortgage loans. The unsecured loans on the other hand are high risk and often are for short periods of time and come with exorbitant interest rates. The difference between a commercial mortgage loans and an ordina

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