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CBA registers increase in customer satisfaction
by Staff Reporter • 2 Sep 2009
CBA has posted the biggest improvement in customer satisfaction in the past 12 months, increasing 3.3 per cent to 70.9...READ MORE
Building approvals soar
by Staff Reporter • 2 Sep 2009
Residential building approvals have risen for the second consecutive month highlighting a strengthening economy and the... READ MORE
Australia’s prestige ‘value for money’ suburbs revealed
by Staff Reporter • 2 Sep 2009
Declining prestige property prices are expected to catch the eye of high end investors over the coming months according... READ MORE
Mortgage applications rise 28pc
by Staff Reporter • 1 Sep 2009
More Australians are taking out mortgages as low interest rates and government handouts make owning a home more... READ MORE
Mortgage Choice diversifies lender panel
by Staff Reporter • 1 Sep 2009
Mortgage Choice has added finance provider LeaseChoice, expanding the scope of its lender panel.
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NAB engages ValEx
by Staff Reporter • 1 Sep 2009
Valuation Exchange (ValEx) will manage the residential property valuations for NAB’s broker division.
READ MORE
AFG not for sale
by Staff Reporter • 1 Sep 2009
As the dust settles on the NAB move for Challenger Mortgage Management AFG’s managing director Brett McKeon has laid... READ MORE
NAB backs mortgage management funding
by Staff Reporter • 31 Aug 2009
The mortgage management sector has been given a significant funding boost with NAB affirming its commitment to... READ MORE
Clearance rates soar in Sydney and Melbourne
by Staff Reporter • 31 Aug 2009
Auction clearance rates have again surged above 70 per cent in Sydney and Melbourne, data from Australian Property... READ MORE
Rate rises to hit within months
by Staff Reporter • 31 Aug 2009
The days of rock-bottom interest rates may be numbered with the RBA now looking set to raise the cash rate before the... READ MORE
No threat to broker commissions: NAB
by Staff Reporter • 31 Aug 2009
National Australia Bank has reinforced its commitment to the broker channel and said it has no intention of turning... READ MORE
Opportunities emerge for brokers in self-employed sector
by Staff Reporter • 28 Aug 2009
As the economy again gathers momentum, self-employed borrowers – who traditionally fall outside the banks’ lending... READ MORE
Google eyes aggregation
by Staff Reporter • 28 Aug 2009
There is growing speculation that Google may soon enter the aggregation sphere.
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Mortgage fraud rises 1,400pc in California
by Staff Reporter • 28 Aug 2009
In a bid to combat spiraling mortgage fraud California is set to introduce new legislation that will allow prosecutors... READ MORE
Govt. brings broker legislation forward
by Staff Reporter • 28 Aug 2009
The federal government’s decision to bring forward the new responsible lending requirements for brokers and lenders... READ MORE
AMB to break into aggregation
by Staff Reporter • 28 Aug 2009
Franchise brokerage Australian Mortgage Brokers will attempt to break into the aggregation sector when it launches a... READ MORE
No return to mortgage market for GE
by Staff Reporter • 28 Aug 2009
GE Australia and New Zealand chief executive Steve Sargent has said GE Capital is no hurry to re-introduce mortgages... READ MORE
Firstfolio’s mortgage portfolio up 50pc
by Staff Reporter • 27 Aug 2009
Firstfolio’s mortgage portfolio has grown to $12 billion in the year to 30 June 2009 – an increase of 50 per... READ MORE
Aggregation: a future for the independent operation?
by Staff Reporter • 27 Aug 2009
A recent Mortgage Business straw poll revealed that the majority of brokers believe that eventually all aggregators... READ MORE
Europe set to reinvigorate RMBS
by Staff Reporter • 27 Aug 2009
The RMBS market has been tainted globally, leaving European commentators to call for greater transparency in the hope... READ MORE
FHOG inflates property market: MFAA
by Staff Reporter • 27 Aug 2009
Almost one in five Australians believe the government’s First Home Owners Grant has been counter-productive and... READ MORE
US house prices register growth but still 30pc down on 2006 high
by Staff Reporter • 27 Aug 2009
US house prices increased by 2.9 per cent in June, registering the second consecutive month of growth, the Standard and... READ MORE
Greater soon to disclose RMBS details
by Staff Reporter • 27 Aug 2009
The Greater Building Society is expected to disclose the details of its residential mortgage backed security (RMBS)... READ MORE
No competition for banks: Pascoe
by Staff Reporter • 26 Aug 2009
Finance journalist Michael Pascoe has launched a scathing attack on the ACCC for not promoting competition in the... READ MORE
Govt set to introduce new bankruptcy laws
by Staff Reporter • 26 Aug 2009
The federal government has unveiled changes to \bankruptcy laws for householders suffering mortgage stress.
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US broker defrauds lenders of $1.7mill
by Staff Reporter • 26 Aug 2009
In the largest case of mortgage fraud ever to be recorded in the State of Alaska, eight people will serve time in jail... READ MORE
Suncorp profits fall 37 pc
by Staff Reporter • 26 Aug 2009
Suncorp has frozen its director’s fees after posting a 37 per cent drop in net profit after tax.
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Americans default rather than make good
by Staff Reporter • 26 Aug 2009
American borrowers are choosing to default on their loans rather than make good on their missed repayments.
READ MORE
Scarce credit affects dwelling developments
by Staff Reporter • 26 Aug 2009
Risk-averse banks and lenders demanding higher pre-commitment sales in order to provide finance are causing the housing... READ MORE
Repossession and mortgage default cases fall
by Staff Reporter • 25 Aug 2009
The number of house repossessions between January and July 2009 has fallen 30 per cent compared with the same period... READ MORE
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