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Lenders avoid high upfront fees
by Staff Reporter • 28 Jul 2011
A majority of lenders are refusing to introduce high upfront fees in order to cope with the removal of exit fees, new... READ MORE
Non-banks eye further acquisition
by Staff Reporter • 27 Jul 2011
According to a report in The Australian Financial Review, Pepper Home Loans is one of three potential companies... READ MORE
Westpac suffers payment delays
by Staff Reporter • 26 Jul 2011
Westpac has advised its customers that it is currently having difficulties processing payments to and from other... READ MORE
St George officially rebrands in VIC
by Staff Reporter • 25 Jul 2011
After months of preparation, the Bank of Melbourne will officially open its doors in Victoria.
From today, St George... READ MORE
CBA chief retires
by Staff Reporter • 22 Jul 2011
Mr Norris will be replaced by the company’s group executive, business and private banking Ian Narev.
Mr Narev has... READ MORE
Non-bank prices securities
by Staff Reporter • 22 Jul 2011
Liberty Financial has today priced its second issue of securities.
The issue is backed by a portfolio of the... READ MORE
Non-bank issues challenge to majors
by Staff Reporter • 21 Jul 2011
Non-bank lender, intouch Finance, has thrown down the gauntlet to the majors, launching a standard variable rate of... READ MORE
Lenders slash fixed rates - JULY 2011
by Staff Reporter • 20 Jul 2011
In a bid to ramp up their competitive presence in the mortgage space, lenders have slashed their fixed rate products... READ MORE
Big four dominance a threat to broking: ING DIRECT
by Staff Reporter • 19 Jul 2011
Australia’s mortgage brokers are in danger of becoming obsolete, ING DIRECT’s executive director delivery Lisa... READ MORE
Non-bank buys back RMBS bonds
by Staff Reporter • 19 Jul 2011
FirstMac has voluntarily offered to buy back the outstanding residential mortgage backed security (RMBS) bonds issued... READ MORE
Non-bank prices non-conforming RMBS
by Staff Reporter • 18 Jul 2011
RESIMAC has priced its inaugural RMBS transaction in the specialist space.
The non-bank lender upsized and priced a... READ MORE
Westpac predicts rate cut
by Staff Reporter • 18 Jul 2011
Westpac’s chief economist Bill Evans has shocked the market by forecasting a series of interest rate cuts.
Mr Evans... READ MORE
Banks grab greater market share
by Staff Reporter • 15 Jul 2011
Australia’s banks are now more dominant than ever before, the MFAA has claimed.
Mortgage lending figures for May... READ MORE
Dwelling commencements to remain weak
by Staff Reporter • 15 Jul 2011
Housing construction is expected to remain weak for the rest of the year as residential land sales continue to... READ MORE
Non-bank extends regional presence
by Staff Reporter • 14 Jul 2011
Non-bank lender, intouch Home Loans continues to expand its footprint in regional Australia, opening several branches... READ MORE
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