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Country report -- Uncle Sam and the sub-prime fall out
by Staff Reporter • 21 May 2008
Poor mortgage lending practices brought the United States – previously one of the world’s strongest economies –... READ MORE
May 08: Diversification to boom
by Staff Reporter • 21 May 2008
Of the poll’s respondents, 49 per cent said that they were planning to diversify, while 35 per cent had already... READ MORE
May 08: PUBLISHER'S LETTER -- Act in haste; repent at leisure
by Staff Reporter • 21 May 2008
Lenders have of course been nibbling away at broker remuneration indirectly for years through claw-backs and tiered... READ MORE
April 08: Virgin Money 'unaffected' by Macquarie's exit
by Staff Reporter • 18 Apr 2008
“It is business as usual,” Virgin Money CEO David Wakeley said. “Macquarie will continue to be our funding... READ MORE
April 08: ING DIRECT to fund Resi
by Staff Reporter • 18 Apr 2008
Resi was formerly funded in part by Macquarie Bank.
“Resi had actually been looking to work with ING DIRECT for... READ MORE
April 08: Absent overseas investors hobble domestic RMBS
by Staff Reporter • 18 Apr 2008
According to Chris Green, the general manager of Perpetual’s Trust and Fund Services, offshore investors are yet to... READ MORE
April 08: Publisher's letter
by Staff Reporter • 18 Apr 2008
The media’s message is coming through loud and clear: borrowers are not to blame for being unable to service... READ MORE
Industry agrees on need for regulation, but not costs
by Staff Reporter • 2 Apr 2008
The report, commissioned by ASIC and conducted by Chant Link & Associates, found that businesses in the sector... READ MORE
US reveals blueprint to bolster financial market regulation
by Staff Reporter • 1 Apr 2008
“We should and can have a structure that is designed for the world we live in, one that is more flexible, one... READ MORE
March 08: Generation Y shifting to property over FMCGs: Genworth
by Staff Reporter • 18 Mar 2008
According to the mortgage insurer, Generation Y’s desire for financial success means they are starting to... READ MORE
March 08: Mortgage industry braced for increased funding costs
by Staff Reporter • 18 Mar 2008
A conclusive 73 per cent of respondents to the straw poll expect the cost of funding to worsen, while 17 per cent... READ MORE
March 08: Publisher's letter
by Staff Reporter • 12 Mar 2008
The gradual erosion of broker commissions has been a talking point for years, but 2008 could see talk become... READ MORE
Natural selection
by Staff Reporter • 12 Mar 2008
Back in the pioneering days of mortgage broking most lenders were begged by brokers for access to their home... READ MORE
AUSTRAC AML/CTF deadline nearing
by Staff Reporter • 10 Mar 2008
AUSTRAC chief executive officer Neil Jensen said the centre will be analysing reports to ensure all reporting... READ MORE
US banking regulator tightens mortgage data reporting requirements
by Staff Reporter • 3 Mar 2008
In a letter to the banks, the US Office of the Comptroller of the Currency (OCC) said: “The OCC is requiring... READ MORE
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