KUALA LUMPUR, July 4 (Bernama) -- Cagamas HKMC Bhd is offering a new mortgage guarantee facility, the Mortgage Guarantee Programme (MGP), to financial institutions particularly mortgage originators. There are always two sides to every coin. As with all things, online mortgages, for all their many benefits, do have a certain disadvantage. And this certain disadvantage is enough to cause some people from engaging in such. Because part of the transaction is done online, people are hesitant to pursue online mortgages.
