Mortgage loans pick up again in January rise - 2004-02-28
Mortgage borrowing growth has picked up again, with the annual rate of growth hitting 25.8 per cent in January. The rise in home loans and a sharp rise in borrowing in other areas pushed overall credit growth to 18.7 per cent, its highest level in two-and-a-half years.

Mortgage lending picked up sharply in the second half of last year and January was the sixth month in a row when the rate accelerated.
Read the full story at eircom net

Residential Mortgages: Home to roost - 2004-02-28
The firing gun has been initiated in the race to corner the Dubai mortgage market. In late January, Dubai-based mortgage lender Amlak picked up $112 million in an initial public offering that was 33 times oversubscribed.

Amlak chairman Mohammed Ali Alabbar said both moves were aimed at positioning Amlak to sector. “Securing new sources of funds will enable us to offer much more flexible and innovative finance solutions to our clients and help develop the real estate lending win pole position in the mortgage industry.”
Read the full story at Gulf Business Magazine