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July 08: Broker numbers set to drop

by Staff Reporter • 23 Jul 2008
Broker numbers are tipped to fall by up to 5,000 as lending volumes slide, commissions are cut and regulation nears...READ MORE

July 08: GMAC-RFC suspends funding

by Staff Reporter • 23 Jul 2008
GMAC-RFC (GMAC) announced in June that it has stopped funding new loans while it undergoes a “strategic review” of... READ MORE

July 08: Brokers look to non-banks: poll

by Staff Reporter • 23 Jul 2008
Recent moves by the banks to cut broker commissions are likely to see broker sentiment swing back to the non-bank... READ MORE

July 08: ANZ restructures broker commissions

by Staff Reporter • 23 Jul 2008
ANZ is the last of the major banks to revise broker commissions, with upfronts to be cut from 0.70 to 0.50 per cent... READ MORE

July 08: ING rations wholesale funds

by Staff Reporter • 23 Jul 2008
ING DIRECT has announced it will cap the supply of wholesale funds available at the current delivery rate, however its... READ MORE

July 08: PUBLISHERS LETTER -- Work smarter, not harder

by Staff Reporter • 23 Jul 2008
In theory cross-selling makes a lot of sense. Life and income protection rank high on the list of insurance essentials... READ MORE

Country report -- Uncle Sam and the sub-prime fall out

by Staff Reporter • 21 May 2008
With the first quarter of 2008 behind it, the United States has started the clean-up effort in the wake of the... READ MORE

May 08: Weak first quarter for mortgage sales

by Staff Reporter • 21 May 2008
Leading mortgage aggregator AFG has reported a decline in mortgage sales for the first three months of 2008. ... READ MORE

May 08: BankWest guarantees broker commissions

by Staff Reporter • 21 May 2008
In a show of support for the broking industry, BankWest has moved to boost third-party market share through... READ MORE

May 08: Lender withdrawals a market ?readjusment?

by Staff Reporter • 21 May 2008
Despite a number of lenders recently exiting third-party distribution major funders are not expected to... READ MORE

May 08: Westpac commission cuts shock aggregators

by Staff Reporter • 21 May 2008
After months of speculation, Westpac has broken ranks from the big four banks and reduced its broker commissions,... READ MORE

May 08: Commission cuts prompt media attack on brokers

by Staff Reporter • 21 May 2008
Westpac’s decision to cut broker commissions appears to have given new momentum to media attacks on the broker... READ MORE

May 08: Diversification to boom

by Staff Reporter • 21 May 2008
According to a recent Mortgage Business straw poll nearly 86 per cent of mortgage businesses are considering or have... READ MORE

May 08: Mortgage Business celebrates a milestone

by Staff Reporter • 21 May 2008
Mortgage Business has hit its one year anniversary, after what has proven to be an eventful 12 months for the mortgage... READ MORE

May 08: PUBLISHER'S LETTER -- Act in haste; repent at leisure

by Staff Reporter • 21 May 2008
So after much debate, cuts to broker commissions have finally come to bear on the mortgage broking... READ MORE

April 08: Cuts to broker commissions likely, says survey

by Staff Reporter • 18 Apr 2008
Wide-scale reductions to broker commissions could be on the cards according to the results of a recent Mortgage... READ MORE

April 08: Virgin Money 'unaffected' by Macquarie's exit

by Staff Reporter • 18 Apr 2008
Virgin Money claims its partnership with Macquarie Bank is not under threat, despite Macquarie recently shutting the... READ MORE

April 08: ING DIRECT to fund Resi

by Staff Reporter • 18 Apr 2008
ING DIRECT has announced a new funding relationship with mortgage manager Resi, going against the trend of  lenders... READ MORE

April 06: It's business as usual for Origin

by Staff Reporter • 18 Apr 2008
Contrary to reports in the daily and mortgage industry press, Origin – ANZ’s wholesale mortgage division – will... READ MORE

April 08: Absent overseas investors hobble domestic RMBS

by Staff Reporter • 18 Apr 2008
With no major RMBS issues so far this year, pressure is now mounting on many securitised lenders to offload debt via... READ MORE

April 08: Borrowers must shoulder rising funding costs, says industry

by Staff Reporter • 18 Apr 2008
Australian lenders must pass on rising funding costs to consumers or risk pushing the mortgage market into a credit... READ MORE

April 08: Publisher's letter

by Staff Reporter • 18 Apr 2008
A recent Four Corners report should serve as a stark warning to lenders and aggregators as to the media coverage... READ MORE

March 08: Generation Y shifting to property over FMCGs: Genworth

by Staff Reporter • 18 Mar 2008
Generation Y presents a lucrative target market for mortgage lenders, the latest Genworth Financial Spotlight Series... READ MORE

March 08: Lenders warned of 'bleak' outlook

by Staff Reporter • 18 Mar 2008
The JP Morgan and Fujitsu Consulting monthly consumer survey has found that around 300,000 Australian households are... READ MORE

March 08: Scrapping DEFs won't help borrowers, brokers

by Staff Reporter • 18 Mar 2008
Criticism of lenders who charge deferred establishment fees (DEFs) for early loan repayment looks set to intensify in... READ MORE

March 08: Turbulent market could favour non-banks

by Staff Reporter • 18 Mar 2008
Volatile market conditions and a rising rate environment could pave the way for a resurgent non-bank... READ MORE

March 08: Proposed new laws may cripple broker distribution for...

by Staff Reporter • 18 Mar 2008
The move towards uniform national regulation has strong support from the mortgage industry, but there are fears that... READ MORE

March 08: Mortgage industry braced for increased funding costs

by Staff Reporter • 18 Mar 2008
Mortgage businesses expect the cost of funds to rise over 2008, according a Mortgage Business straw poll conducted in... READ MORE

March 08: Changed commission structure for new BankWest home loan

by Staff Reporter • 18 Mar 2008
BankWest has beefed up its retail banking presence with the launch of a new discounted loan priced at 75 basis points... READ MORE

March 08: Publisher's letter

by Staff Reporter • 12 Mar 2008

He who pays the piper calls the tune?

READ MORE
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