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mortgage for retirees plannedfor retirees, a mortgage loan which normally requires at least 20 years of work to ensure debt payment ability is seemingly impossible, but the secondary mortgage corporation (smc) is planning to offer a new product focusing on serving the needs of the elderly.april mortgage approvals highest since janlondon (reuters) - country's mortgage approvals for house purchase and mortgage lending were at their highest since january last month, but britons repaid their credit card bills at the fastest rate in more than five years, bank data showed on wednesday. the central bank said mortgage approvals numbered 51,823 in april, up from 51,067 in march. analysts had forecast a reading of 50,100. mor...second-mortgage lawsuits swamp homeownersa texas firm sues homeowners with foreclosed second mortgages.u.k. mortgage approvals increased in april, bank of england saysu.k. mortgage approvals rose in april as record-low interest rates helped sustain some property demand during the seasonal spring buying period. |
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