Saudi Arabia’s mortgage law will be submitted to King Abdullah for approval after the Shura Council completes its discussions next week, according to a senior member of the Council. The country has never had legislation covering mortgage and property finance and the law will regulate the use of mortgages, including registration and providing court authority over their use.
Saudi Arabia’s mortgage law awaits approval
Most Popular Articles
Latest Articles
Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.