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Refinancing surge to fund renovations: Loan Market

by Staff Reporter • 28 Jul 2009
According to the mortgage broker’s executive director John Kolenda, almost 50 per cent of their customers are... READ MORE

US broker may serve 45 years in prison

by Staff Reporter • 24 Jul 2009
Ms Kassebaum was indicted last November, after it was found she had submitted fraudulent home loans. According to the... READ MORE

nMB brokers drive 20pc volume growth

by Staff Reporter • 24 Jul 2009
Loans submitted by nMB brokers during the month hit $220 million – an increase of $35mill on the same month in... READ MORE

Broker’s refinancing business surges

by Staff Reporter • 22 Jul 2009
The number increased from 30.2 per cent in March to 38.5 per cent in June. The number of first home buyer loans fell... READ MORE

Broker market share over 40pc: Genworth

by Staff Reporter • 22 Jul 2009
The report, released yesterday, showed the proportion of broker written loans has increased to 41 per cent from 30 per... READ MORE

Broker sentenced to 41 months imprisonment

by Staff Reporter • 20 Jul 2009
According to the indictment against the broker, 61 year-old Linda Carnagie submitted false information in loan... READ MORE

Brokers key channel for new ANZ investment loan

by Staff Reporter • 20 Jul 2009
The ANZ Portfolio mortgage operates like a line of credit and is geared to enable investors to consolidate multiple... READ MORE

ING gets ‘hands-on’ with brokers

by Staff Reporter • 17 Jul 2009
The company’s head of partnerships, Mark Woolnough, spent a “day in the life” of one of Mortgage Choice’s 600... READ MORE

Loose lending drives Chinese property surge

by Staff Reporter • 17 Jul 2009
The economic turnaround has been fuelled by increased bank lending and government spending. Bank lending in the first... READ MORE

Westpac confirms new broker minimum volume quota

by Staff Reporter • 9 Jul 2009
The bank now expect brokers to submit a minimum of one loan every six months. Brokers who fall below this level will... READ MORE

Mortgage broker defrauds clients of $5m

by Staff Reporter • 8 Jul 2009
Samer Hraiki appeared in Central Local Court yesterday on charges of deceptive conduct as well as traffic-related... READ MORE

Lending policy changes a threat to business: brokers

by Staff Reporter • 29 Jun 2009
According to a recent Mortgage Business straw poll, 35 per cent of brokers said lending policy changes are the biggest... READ MORE

MFAA wades into re-accreditation debate

by Staff Reporter • 25 Jun 2009
In recent weeks several lenders have announced new minimum volume conditions for brokers with a view to terminate the... READ MORE

MFAA backs calls to can stamp duty

by Staff Reporter • 23 Jun 2009
“Removing the stamp duty on home loans is a simple measure that would boost activity in the housing and lending... READ MORE

MFAA backs government support of mortgage market

by Staff Reporter • 22 Jun 2009
Last Friday, reports emerged that Treasury officials were considering new ways to support market competition,... READ MORE
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