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Growth
Defaults rise across Australia
by Staff Reporter • 31 Oct 2007
According to credit reporting agency Veda Advantage average credit default rates in regional Australia rose by over... READ MORE
Low doc loans still popular despite rate increases
by Staff Reporter • 29 Oct 2007
The growth in low doc mortgages coincided with three successive quarters of interest rate rises – each of 25... READ MORE
Sub-prime bomb stoppable with risk analysis
by Staff Reporter • 26 Oct 2007
Speaking with The Australian Financial Review, Gibbs indicated that while marginal borrowers made up only six per... READ MORE
GMAC-RFC pilot program takes flight
by Staff Reporter • 26 Oct 2007
The lender has established a pilot platform to introduce its own-branded products, using a ‘roll-out’... READ MORE
CPI figures point to pending rate rise
by Staff Reporter • 24 Oct 2007
Speaking with The Sydney Morning Herald, Macquarie Bank strategist Rory Robertson said the case for a rate rise is... READ MORE
Markets could recover by Christmas
by Staff Reporter • 15 Oct 2007
Fariborz Moshirian, Professor of Finance at the University of New South Wales (UNSW) and editor of the Journal of... READ MORE
Smartline taps into financial services sector for growth
by Staff Reporter • 12 Oct 2007
"It's time for Smartline to put its focus on recruitment," managing director Chris Acret told Mortgage... READ MORE
A Northern Rock in Australia?
by Staff Reporter • 4 Oct 2007
The failed lender, which relied heavily on securitisation for its funding, has watched its worth slide from... READ MORE
Capital First sells $620 million loan book to Firstfolio
by Staff Reporter • 11 Sep 2007
Capital First says the sale was a strategic move that will allow it to focus on its non-conforming product range.... READ MORE
Rates stable, for now
by Staff Reporter • 5 Sep 2007
The decision did not come as a surprise for many leading economists. Uncertainty over the potential damage of the... READ MORE
Australian securitisation still strong
by Staff Reporter • 27 Aug 2007
The impact of market uncertainty remains a fundamental concern for Australia’s lenders.
While lenders sourcing... READ MORE
Resimac urges underwriting vigilance following rate rise
by Staff Reporter • 8 Aug 2007
A surging economy, higher than expected CPI results and the booming
private-sector credit markets were all attributed... READ MORE
Challenger departs New Zealand market
by Staff Reporter • 3 Aug 2007
Speaking to Mortgage Business, a Challenger spokesperson confirmed that the company will withdraw from the market by... READ MORE
Switchers catch better deals
by Staff Reporter • 13 Jul 2007
Of the 814 borrowers surveyed who chose to refinance, price was the key motivational factor. Terms and conditions,... READ MORE
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