PETALING JAYA: Consumer banking will continue to be an important revenue generator for banks with home loans being one of the major areas of focus amid the prevailing relatively low interest rates.

Home owners with interest-only mortgages are being made to pay higher monthly payments after being moved onto costly capital repayment deals amid fears of a double-dip in house prices.

China's mainland stocks went through sort of a bender today.

from the 5/3 bank----The construction loan will balloon in five years and 5/3 Bank has agreed to add a covenant that states the loan would be automatically renewed for another five year term pursuant to ECWCD maintaining a healthy financial picture.

WASHINGTON — Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. No matter.

Only 36,695 troubled homeowners received long-term mortgage modifications in July under the Obama administration's Home Affordable Modification Program. (Photo Credit: Getty Images/File) New York (CNNMoney.com) - The president's signature foreclosure rescue plan is losing its punch, according to a federal report released Friday. Only 36,695 troubled homeowners received long-term mortgage ...