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SMC mulls MBS for retail investors
TUESDAY, SEPTEMBER 13, 2016
THE SECONDARY Mortgage Corporation believes it will be able to offer enormous value to general investors through its mortgage-backed securities (MBS) once more commercial banks offer long-term fixed interest rates to their housing-loan customers.
SMC seeks expanded role as mortgage insurance provider
WEDNESDAY, SEPTEMBER 09, 2015
THE SECONDARY Mortgage Corporation (SMC) has asked the Fiscal Policy Office (FPO) to seek amendment of the Royal Decree governing the SMC, allowing it to expand its role from the secondary market for housing loans to mortgage guarantor, in order to reduce