I think you'll
see conventional banks do that to the extent that they can do it within regulations.»
Not exact matches
Now, thanks to tough new mortgage lending and insurance rules announced by federal Finance Minister Bill Morneau in October, some analysts predict that so - called «shadow
banking» firms, which operate largely outside the purview of regulators, will
see a surge of fresh business from frustrated homebuyers who can't get
conventional loans.
More governments and companies
see Islamic finance as a stable funding alternative to the
conventional banking system, experts said.
A good consumer debt - to - income ratio is 36 %, but
conventional mortgage lenders (
banks, credit unions, online sources) like to
see that number under 30 %.
I would like to
see the passage of a general legislative framework for Islamic
banking and finance but, in the meantime, the Bangko Sentral ng Pilipinas should already authorise the opening of Islamic windows within
conventional banks.
Elizabeth Colegrove, I will call my mortgage guy at the
bank to
see if I can get a 5 % down
conventional loan.