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CBA dismisses staff pending investigation
by Staff Reporter • 24 Jul 2009
According to a report in today’s The Australian Financial Review, Townsville area manager Andrew Jackson and mobile... READ MORE
Positive outlook for RMBS: Moody
by Staff Reporter • 24 Jul 2009
According to Moody’s the RMBS market is valued at more than $100 billion, almost all of which is comprised of prime... READ MORE
Westpac tops survey with financial execs
by Staff Reporter • 24 Jul 2009
The survey, by Peter lee Associates, asked 500 senior financial executives which bank was best in terms of service... READ MORE
RMBS market outlook improves
by Staff Reporter • 23 Jul 2009
At a panel discussion hosted by the Mortgage and Financial Association of Australia in Melbourne yesterday, Mr Debelle... READ MORE
Appeal unlikely for City Pacific
by Staff Reporter • 23 Jul 2009
City Pacific was warned by KPMG in December last year that they were in danger of collapse after delivering a $74.3... READ MORE
Accreditations with all lenders a challenge: brokers
by Staff Reporter • 23 Jul 2009
According to the latest Mortgage Business’ weekly straw poll, 85 per cent of the 1,145 respondents believe minimum... READ MORE
ANZ slashes servicing times
by Staff Reporter • 21 Jul 2009
ANZ general manager mortgages Michael Bock told Mortgage Business the bank had revised their service time down to four... READ MORE
NAB rethinks mortgage strategy
by Staff Reporter • 20 Jul 2009
The bank’s group executive of personal banking Lisa Gray said NAB is generally seen as uncompetitive on price and... READ MORE
Citibank questions minimum volume quotas
by Staff Reporter • 17 Jul 2009
“We have no intention of changing our current arrangements,” Citibank Mortgages head of distribution and... READ MORE
No further rate cuts: NAB
by Staff Reporter • 16 Jul 2009
The rate, which currently stands at 3.0 per cent, is already at a 49 year low after the RBA slashed 425 basis points... READ MORE
AOFM backs two RMBS issues
by Staff Reporter • 15 Jul 2009
The Australian Office of Financial Management (AOFM) said it will act as a cornerstone investor in the offers from... READ MORE
Finance minister calls for inquiry over bank domination
by Staff Reporter • 14 Jul 2009
According to The Age, Mr Tanner, who yesterday addressed international regulators in Sydney, said the pace of... READ MORE
Lenders' policy changes put pressure on broker business
by Staff Reporter • 12 Jul 2009
THE continued tightening of lending criteria over recent months is taking its toll on brokers and their businesses -... READ MORE
Banks slow to help defaulters
by Staff Reporter • 8 Jul 2009
Recently the Obama administration attempted to fix the foreclosure crisis by supplying the lending industry with $US75... READ MORE
Economists petition for ‘basic bank’ to battle big bank dominance
by Staff Reporter • 8 Jul 2009
The six economists, plus a number of other academics from the Melbourne Business School, Monash University and former... READ MORE
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