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June 22, 2012

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Appeals possible for mortgage relief

PERSONS who applied for the government’s mortgage relief programme, but were turned down, now have an opportunity to be reconsidered, State Minister of Finance Michael Halkitis said yesterday.

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Contractors chief urges client bonds

BAHAMIAN contractor's Association (BCA) president Godfrey Forbes said that payment bonds for contractors should be considered, telling Tribune Business that many contractors were unable to secure payment from clients even after completing projects to satisfactory standards.

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100 per week inquire on mortgage relief

25% qualify for assistance

AN average of 100 persons per week have inquired about the Government’s Mortgage Relief Plan since it began earlier this month, its director of economic planning yesterday saying that 25 per cent have qualified for it.

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No change in mortgage delinquency

THERE have been no major changes in the delinquency rate of mortgages in the Bahamas over the past few months, Fidelity Bank CEO Anwer Sunderji said yesterday.

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