Thu, Apr 12, 2007 - Page 12 News List

Mortgage equity will hold steady, Citigroup says

RECOMMENDATIONSThe financial giant said that Taiwan's property sector faced uncertainties but that positive equity should prevail this year

By Amber Chung  /  STAFF REPORTER

The brokerage said it was worried that the bill could be passed by populist lawmakers as the year-end legislative election approaches.

Policy risk plus mortgage uncertainty could bring a loss of 10 percent to 15 percent in financial stocks in the near future, Merrill Lynch said.

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