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UK banks cash-in on high SVRs
by Staff Reporter • 5 Jun 2009
According to Moneyextra.com banks are making substantial margins compared to one year ago when standard variable... READ MORE
CBA defends Bankwest takeover
by Staff Reporter • 5 Jun 2009
The bank claims the consequences would have been disastrous for the banking system had CBA not acquired the regional... READ MORE
Chief of failed US lender guilty of fraud
by Staff Reporter • 5 Jun 2009
The US Securities and Exchange Commission (SEC) filed civil charges against Angelo Mozilo for misleading investors... READ MORE
RAMS awarded Non-Bank Lender of the Year
by Staff Reporter • 4 Jun 2009
According to Money Magazine RAMS’ two, three and five year fixed rate loans were highlights of its strong... READ MORE
Mortgage Choice pushes big-bank alternatives
by Staff Reporter • 4 Jun 2009
Over the last six to nine months, brokers have experienced significant servicing delays as a result of a surge in... READ MORE
St George named home lender of the year
by Staff Reporter • 3 Jun 2009
Money Magazine said St George’s extensive range of home loans contributed to its win, with its packaged... READ MORE
Lend more to green households: HIA
by Staff Reporter • 3 Jun 2009
According to the industry body, savings on energy efficient homes will increase households’ capacity to service... READ MORE
Government prepares for bankruptcy boom
by Staff Reporter • 2 Jun 2009
Current reforms under consideration by the government include raising the minimum debt for a creditor’s... READ MORE
Long awaited home building recovery on horizon
by Staff Reporter • 2 Jun 2009
New home sales rose by 0.5 per cent in April, the HIA said yesterday, to be 22 per cent up on the low point recorded... READ MORE
Tennis star served repayment demand by non-conforming lender
by Staff Reporter • 1 Jun 2009
Mr Philippousis told the Sun Herald he faced a $1.3 million legal battle with a non-conforming lender after failing... READ MORE
St George hikes fixed rates
by Staff Reporter • 29 May 2009
As of Wednesday this week, St George’s two, three, four and five year fixed rates are now all 30 basis points... READ MORE
New home building slumps
by Staff Reporter • 28 May 2009
Residential building activity slumped 6 per cent in the March quarter, the ABS said yesterday.
Total construction,... READ MORE
Suncorp warns of big bank domination
by Staff Reporter • 28 May 2009
In a market update yesterday Suncorp acting CEO Chris Skilton warned that the remaining second tier banks were being... READ MORE
CBA to stick with Valuation Exchange
by Staff Reporter • 27 May 2009
CBA general manager of mortgage wealth James Sheffield said outsourcing valuation to ValEx had seen the bank achieve... READ MORE
Australia tops ranking for buffering recession
by Staff Reporter • 27 May 2009
According to 7,500 business people from more than 24 nations, Australia is surviving the economic crisis better than... READ MORE
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