Mortgage News

HSBC's mortgage book growth stalls

Thursday 31st of March 2011

HSBC's December quarter general disclosure statement (GDS) shows its mortgage book shrank by $4.1 million to $981.4 million in the three months. It had growth by 46.1 million in the September quarter and by $5 million in the June quarter, the first two quarters of growth the bank had recorded since mid-2003 when its mortgage book was $3.02 billion.

"As a result of the current economic cl...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.