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Quality to be recognised in top brokerage ranking
by Staff Reporter • 18 May 2009
Australia’s top performing brokerages will be revealed in a ground breaking new Mortgage Business ranking later this...READ MORE
Genuine savings quickly becoming the norm
by Staff Reporter • 18 May 2009
The requirement for borrowers to show genuine savings to secure a home loan is fast becoming industry standard.
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Majority of brokers now diversified beyond home loans
by Staff Reporter • 15 May 2009
Changing market conditions have pushed diversification into the main with 93 per cent of brokers now offering more... READ MORE
US recession over as soon as August
by Staff Reporter • 15 May 2009
If economic predictions are correct the United States’ recession should be over in a matter of months, according... READ MORE
Large deposit requirements keep first home buyers out: UK
by Staff Reporter • 15 May 2009
Mortgage market activity improved strongly in the United Kingdom in March as borrowers took advantage of the lowest... READ MORE
Premium property markets shrink as economic conditions bite
by Staff Reporter • 15 May 2009
New research released yesterday has confirmed the top end of Australia’s property market has been hit hard by... READ MORE
Strong improvement in commercial lending volumes
by Staff Reporter • 15 May 2009
Commercial finance activity surged in March to $30.498 billion, ABS data showed yesterday, providing an encouraging... READ MORE
Balance sheet funds drive non-bank "renaissance"
by Staff Reporter • 14 May 2009
Despite an overall decline in the non-bank sector’s market share over the last 18 months, the originator and... READ MORE
Indication of lending policies relaxing in UK
by Staff Reporter • 14 May 2009
The UK’s second largest lender Abbey has relaxed its lending criteria in what is a major boost to the... READ MORE
Recovery still some way off for England
by Staff Reporter • 14 May 2009
The Bank of England (BOE) has sharply cut its growth forecasts for the United Kingdom and warned the road to recovery... READ MORE
US foreclosures hit new high
by Staff Reporter • 14 May 2009
One in every 159 US borrowers received a foreclosure filing during the first quarter as default notices and bank... READ MORE
Grant extension good but not enough
by Staff Reporter • 14 May 2009
While the industry is largely relieved that the First Home Owners Grant has been extended some have claimed it’s... READ MORE
CBA warns of rising bad debts
by Staff Reporter • 14 May 2009
The Commonwealth Bank has revealed expectations of rising bad debts and impairment charges, in line with similar... READ MORE
Grant extension meets brokers' approval
by Staff Reporter • 13 May 2009
The decision by the federal government to extend the inflated first home owner grant is the right move according to the... READ MORE
Securitisation sector to lobby for more support
by Staff Reporter • 13 May 2009
A new chief lobbyist for the Australian Securitisation Forum (ASF) has called for greater government support of... READ MORE
New industry alliance a boost for loan servicing
by Staff Reporter • 13 May 2009
Mortgage Settlements Australia (MSA) has announced a strategic new alliance with BNY Mellon Australia – a... READ MORE
Swan spends big to steer economy through recession
by Staff Reporter • 13 May 2009
The federal government last night handed down a $47 billion budget which will bring the current accounts into a record... READ MORE
Federal budget backs first home buyers
by Staff Reporter • 13 May 2009
After months of speculation the mortgage industry has been buoyed by the news last night that an extension of the... READ MORE
No halt on insurance payouts: Genworth
by Staff Reporter • 12 May 2009
Reports that a higher level of lenders’ insurance claims have been rejected were dismissed today by mortgage... READ MORE
Don't fix rates yet: brokers
by Staff Reporter • 12 May 2009
Despite the cash rate nearing the bottom of its cycle the majority of brokers still think that fixed rates have further... READ MORE
Leading central banker says global economy past the worst
by Staff Reporter • 12 May 2009
European Central Bank head Jean-Claude Trichet believes global economic activity may have reached a turning point and... READ MORE
Encouraging business conditions to curb rate falls
by Staff Reporter • 12 May 2009
The RBA is unlikely to move on interest rates any time soon and the bottom of its interest rate cycle could be higher... READ MORE
ASIC cautions lenders on recouping losses for fraudulent loans
by Staff Reporter • 11 May 2009
ASIC has warned that lenders may be engaging in “unconscionable conduct” by trying to recoup loans... READ MORE
Auction clearance rate remain below 70pc
by Staff Reporter • 11 May 2009
Auction activity remains subdued across the nation with the national clearance rate remaining firmly below the 70 per... READ MORE
NAB Broker commits to 95pc LVRs
by Staff Reporter • 11 May 2009
While most lenders have stepped back from high LVR loans, NAB Broker will continue to reward quality brokers with... READ MORE
Mortgage belts better for capital growth
by Staff Reporter • 11 May 2009
Outer city suburbs are outperforming inner city locations when it comes to capital growth, RP Data says.
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First home buyer demand to continue despite FHOG increase expiry
by Staff Reporter • 11 May 2009
The end of the beefed up first home owner grant (FHOG) is unlikely to see that sector of the market grind to a halt,... READ MORE
New CEO trims Mortgage Choice workforce
by Staff Reporter • 8 May 2009
Listed broking group Mortgage Choice has announced a number of redundancies which it claims will reposition itself for... READ MORE
Suncorp drops commercial
by Staff Reporter • 8 May 2009
Suncorp is set to exit the commercial property sector with $3 billion worth of commercial property investment lending... READ MORE
Surprise improvement in unemployment
by Staff Reporter • 8 May 2009
A much stronger than anticipated jobs figure yesterday buoyed the economy but the government has been quick to warn... READ MORE
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