Bitcoin Forum
November 30, 2021, 10:35:20 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-10-13] Banks could save billions in mortgage loan costs by adopting ...  (Read 200 times)
newsatbravenewcoin
Full Member
***
Offline Offline

Activity: 204
Merit: 100


View Profile
October 12, 2016, 10:21:48 PM
 #1

At the end of the second quarter this year, there was $13.97 trillion mortgage debt outstanding in the U.S., according to the latest statistics from the Boards of Governors of the Federal Reserve System. Residential properties account for over 90 percent or approximately $12.6 trillion. 35 percent of outstanding mortgages were held by major financial institutions and over 36 percent by Federal and related agencies, including Fannie Mae and Freddie Mac.

http://bravenewcoin.com/news/banks-could-save-billions-in-mortgage-loan-costs-by-adopting-blockchain-based-smart-contracts-says-capgemini/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!