Mortgage Israel Latest Information
Israel's wages not keeping pace with mortgage debt
JERUSALEM, June 17 (Reuters) - The board of Mizrahi-Tefahot Bank named its chief financial officer, Eldad Fresher, as its new chief executive effective the end of August. In April, CEO Eli Yones said he had no intention of continuing in the post after his contract ends in April 2014. Yones has been CEO of Mizrahi-Tefahot, Israel's fourth-largest bank and the country's largest mortgage lender ... Mortgage Rates Spike Sharply
Freddie Mac reports increases of 20-plus basis point in both 30-year and 15-year fixed-rate mortgages. Mortgage provision cuts First Int'l Bank profit
The return on equity fell to 8.5% for the first quarter from 9.5% for the corresponding quarter. Israel's luxury home market stagnating
The strong shekel, austerity measures and global economic woes mean there are few buyers for Israel's most expensive projects. "We're concerned mortgage risk assessment is wrong"
Supervisor of Banks David Zaken told the Globes-BDO Ziv Haft Capital Markets Conference that risks must be reduced. Mizrahi names CFO Eldad Fresher as its next CEO, promising continuity
Fresher, the bank's CFO for the past nine years, is slated to take over for Eli Yones at the end of August. Obama Says Bernanke Fed Term Lasting ‘Longer Than He Wanted’
President Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post “longer than he wanted,” one of the clearest signals the central bank chief will leave when his current term expires next year. BoI Deputy Governor: Home prices not excessive
Dr. Karnit Flug says the rise in home prices in Israel in recent years is not out of line with long-term trends. Bernanke stayed 'longer than he wanted': Obama
US President Barack Obama said Federal Reserve Chairman Ben Bernanke has stayed in his post “longer than he wanted,” one of the clearest signals the central bank chief will leave when his current term expires next year.