Home News Mortgage malaise

Mortgage malaise

- Advertisement -

The way we see it, The Independent Singapore.In a recent blog post, Minister Khaw Boon Wan urged HDB home owners to get mortgage insurance so that they do not leave their families in the lurch.
The Independent dug deeper to see how other countries handle such matters.
The Unites States, for example, has set up a Federal Housing Administration (FHA) to improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans, and to stabilize the mortgage market.
The key question is, why is our government not doing the same? How difficult is it to collect the insurance premiums while collecting conservancy fees, or better still underwrite them? Isn’t the government creating a riskier environment for both the home owners and the lenders?Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

Read More

Stories you might’ve missed, Jan 21

Tan Chuan-Jin posts Rules For Conduct after telling PSP NCMP Leong Mun Wai to sit down in Parliament on Jan 11 Photo: FB screengrab/ tanchuanjin, parliamentofsingapore Singapore — A week after telling Progress Singapore Party (PSP)’s NCMP Leong Mun Wai in Parliament...

Kid tumbles to the ground when car driver dropping off Anderson Primary School student moves too soon

Singapore — An Anderson Primary School student was caught on camera tumbling out of the car he was exiting after the driver accelerated too...

‘LGBTQ+ people deserve love from our families, just like everyone else’ — Pink Dot SG on pulled Samsung ad

Singapore — One of the country’s most vocal LGBTQ+ advocacy groups, Pink Dot SG, has spoken out on the recent pulling of a Samsung...

‘I’m feeling much better now.’ Hayley Woo says after ‘underestimating’ Moderna booster side effects

Singapore — After a rough ride following a Moderna Covid-19 booster jab, actress Hayley Woo says she’s doing better and thanks the people who...

Gymnasty: Woman uses TikTok to accuse man of ogling her in gym, another gym user corrects her

Singapore –  A woman working out in a gym spotted a man looking in her direction and jumped to the conclusion that he was...

Stories you might’ve missed, Jan 21

Tan Chuan-Jin posts Rules For Conduct after telling PSP NCMP Leong Mun Wai to sit down in Parliament on...

Kid tumbles to the ground when car driver dropping off Anderson Primary School student moves too soon

Singapore — An Anderson Primary School student was caught on camera tumbling out of the car he was exiting...

‘LGBTQ+ people deserve love from our families, just like everyone else’ — Pink Dot SG on pulled Samsung ad

Singapore — One of the country’s most vocal LGBTQ+ advocacy groups, Pink Dot SG, has spoken out on the...

‘I’m feeling much better now.’ Hayley Woo says after ‘underestimating’ Moderna booster side effects

Singapore — After a rough ride following a Moderna Covid-19 booster jab, actress Hayley Woo says she’s doing better...
Follow us on Social Media

Send in your scoops to news@theindependent.sg