Spike In Delinquency Rate At Mortgage Corp
04 October 2018
There has been an upward spike in its delinquency rate of the Bahamas Mortgage Corporation (BMC) over the years. According to its former chairman, Dr. Duane Sands, who spewed numbers in the House of Assembly yesterday, 42 per cent of the loans were delinquent. “By 2010, the BMC had a total of 3,119 loans on […]