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nMB brokers drive 20pc volume growth

by Staff Reporter • 24 Jul 2009
Aggregation group National Mortgage Brokers (nMB) has defied tough economic conditions of the last 12 months, reporting...READ MORE

MFAA meets to discuss credit regulation

by Staff Reporter • 23 Jul 2009

The MFAA will meet in Hobart today to discuss the implementation of the National Consumer Credit Protection Bill.

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Sydney farmland to alleviate housing shortage

by Staff Reporter • 23 Jul 2009
In a bid to ease Sydney’s housing shortage, farms and rural lands will be carved up into at least five new... READ MORE

Insurance costs drop: CPI

by Staff Reporter • 23 Jul 2009
While the housing Consumer Price Index rose by 0.8 per cent in the June quarter, the price of financial and insurance... READ MORE

ACCC crackdown heralded by property industry

by Staff Reporter • 23 Jul 2009
The Australian Competition and Consumer Commission’s (ACCC) suggested amendments to the Trade Practices Act have been... READ MORE

RMBS market outlook improves

by Staff Reporter • 23 Jul 2009
The Reserve Bank of Australia’s assistant governor Guy Debelle has given an optimistic assessment of the future of... READ MORE

Appeal unlikely for City Pacific

by Staff Reporter • 23 Jul 2009
City Pacific is unlikely to appeal the decision made by a Queensland Court this week that gave Balmain Trilogy sole... READ MORE

Accreditations with all lenders a challenge: brokers

by Staff Reporter • 23 Jul 2009
The recent rollout of minimum volume quotas by some of the nation’s major lenders has raised concerns that brokers... READ MORE

Mortgage arrears soar in South Australia

by Staff Reporter • 22 Jul 2009
Mortgage defaults in South Australia have surged more than 40 per cent this year, according to figures obtained under... READ MORE

Big incentives offered to spark NZ rental activity

by Staff Reporter • 22 Jul 2009
The New Zealand residential property market is enjoying oversupply, causing average rent rates to drop by 3.5 per cent... READ MORE

Westpac warns against over-regulation

by Staff Reporter • 22 Jul 2009
Westpac Banking Corp chief executive Gail Kelly has warned against over-regulating during the global financial crisis,... READ MORE

Bond market an attractive option for mortgage originators

by Staff Reporter • 22 Jul 2009
Mortgage originators are set to rely on the bond market once the federal government’s $8 billion support package runs... READ MORE

RBA’s upbeat outlook fuels fear of rate rise

by Staff Reporter • 22 Jul 2009
The Reserve Bank of Australia (RBA) has said the global economy is stabilising and the country can expect to enjoy... READ MORE

Broker’s refinancing business surges

by Staff Reporter • 22 Jul 2009
Almost 40 per cent of Aussie Home Loans’ customers are using their loan for re-financing purposes, the broker has... READ MORE

Broker market share over 40pc: Genworth

by Staff Reporter • 22 Jul 2009
An increasing number of Australians are turning to brokers to write their loans, The Genworth Financial Mortgage Trends... READ MORE

UK lending rises but still long way to go

by Staff Reporter • 21 Jul 2009

The amount of UK mortgage lending rose in June, data from the Council of Mortgage Lenders (CML) has found.

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Covered bonds to play part in funding

by Staff Reporter • 21 Jul 2009
Pressure is mounting on treasury officials to allow banks to issue ‘covered bonds’ as a means of restoring... READ MORE

Mortgage fund manager loses court battle

by Staff Reporter • 21 Jul 2009
Mortgage fund manager Balmain Trilogy has won the right to control City Pacific First Mortgage Fund in a court... READ MORE

Prestige property market breakdown

by Staff Reporter • 21 Jul 2009
Properties at the top end of the market are currently suffering significant losses, with values falling anywhere up to... READ MORE

New report predicts drop in unemployment

by Staff Reporter • 21 Jul 2009
Australia’s unemployment rate will peak at 7.5 per cent rather than 8.5 per cent, Access Economics’ new Business... READ MORE

ANZ slashes servicing times

by Staff Reporter • 21 Jul 2009
ANZ has put their turnaround times back on track after a recent blowout that saw the bank take 12 days to process... READ MORE

Auction clearance rates surge

by Staff Reporter • 20 Jul 2009
Sydney’s auction clearance rate surged over the weekend, hitting 74.7 per cent, statistics from Australian Property... READ MORE

Govt under pressure to inject funds into AOFM

by Staff Reporter • 20 Jul 2009
The federal government is under pressure from the housing sector to inject more funds into the mortgage market to... READ MORE

Rise in US home building a positive sign

by Staff Reporter • 20 Jul 2009

US home building rose in June for the third straight month, data from the US Census Bureau has revealed.

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Pisces emerges from administration

by Staff Reporter • 20 Jul 2009

Mortgage industry technology solutions provider Pisces Group has come out of voluntary administration.

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NAB rethinks mortgage strategy

by Staff Reporter • 20 Jul 2009
NAB is pursuing targeted growth with a multi-brand strategy in order to attract home buyers back to the bank, The... READ MORE

Broker sentenced to 41 months imprisonment

by Staff Reporter • 20 Jul 2009
An American mortgage broker has been sentenced to 41 months imprisonment after being convicted of conspiracy in... READ MORE

Brokers key channel for new ANZ investment loan

by Staff Reporter • 20 Jul 2009
ANZ will today launch a new mortgage product geared for an investment market primed for growth – and brokers have... READ MORE

Mortgage Choice quashes takeover rumour

by Staff Reporter • 17 Jul 2009
Reports of an imminent Mortgage Choice takeover of the LJ Hooker real estate agency business from Suncorp have today... READ MORE

Co-ownership surges in popularity

by Staff Reporter • 17 Jul 2009
The number of enquiries from friends and relatives wishing to buy a property together has risen 300 per cent,... READ MORE
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