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December 08: ANZ 90pc LVR cap concern for industry
by Staff Reporter • 6 Jan 2009
Brokers are still digesting the November announcement that ANZ had cut its maximum LVR from 95 to 90 per cent, as...
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December 08: Broker sentiment swings towards non-banks
by Staff Reporter • 6 Jan 2009
Confidence in the non-bank sector has re-emerged with 50 per cent of brokers now more open to writing non-bank...
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November 08: PUBLISHERS LETTER -- Use it or lose it
by Staff Reporter • 8 Nov 2008
GE Money’s unceremonious dumping of its Australian third-party distribution channel has tarnished the non-bank...
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November 08: More to mortgage industry than GE Money
by Staff Reporter • 8 Nov 2008
The dust is now starting to settle after GE Money’s shock announcement that it will no longer be distributing funds...
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November 08: Banks re-think high LVR low docs
by Staff Reporter • 8 Nov 2008
ANZ’s decision to pull its 80 per cent low doc from the market, combined with the recent withdrawal of low doc...
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November 08: Seventy per cent of mortgage industry fears further...
by Staff Reporter • 8 Nov 2008
Despite assurances from RBA governor Glenn Stevens that the likelihood of a global catastrophe had declined, the...
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November 08: Mainstream media ignorance blamed for bad broker press
by Staff Reporter • 8 Nov 2008
Mortgage brokers and non-bank lenders have attracted more than their fair share of unwanted media coverage over the...
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October 08: INTERNATIONAL NEWS -- US Government takes control of...
by Staff Reporter • 17 Oct 2008
A surge in mortgage defaults and a worsening economy have forced the US government to take action to rescue crippled...
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October 08: Rents to jump as property supply falls
by Staff Reporter • 17 Oct 2008
Rising rental yields and sustained sharemarket falls may lure investors back into the property market, research house...
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October 08: Mortgage Choice cuts costs and senior management
by Staff Reporter • 17 Oct 2008
In a bid to reduce its expense base and refocus management resources on direct support for its franchise networks,...
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October 08: Investors, first homebuyers could lead market recovery
by Staff Reporter • 17 Oct 2008
The mortgage industry remains hopeful that the September rate cut will lead to an upswing in property market activity,...
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October 08: Don't blame brokers for arrears: MFAA
by Staff Reporter • 17 Oct 2008
Don’t blame brokers for arrears: MFAA The MFAA has hit back at suggestions that mortgage brokers have played a role...
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October 08 -- PUBLISHER LETTER: Reason for optimism
by Staff Reporter • 17 Oct 2008
It may feel like a tough market right now, but I can’t think of many places I’d sooner be than here in...
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August 08: Two speed economy to keep inflation high
by Staff Reporter • 20 Aug 2008
Inflation could remain above three per cent until late 2009 because of solid commodity prices, Access Economics’...
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August 08: Diversified brokers unfazed by property slump
by Staff Reporter • 20 Aug 2008
Many brokers remain confident that diversification strategies will help cushion the impact of a potential residential...
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August 08: Sales and marketing a priority for aggregators
by Staff Reporter • 20 Aug 2008
Reduced loan volumes and broker commission cuts have reinforced the need for aggregators to have solid broker sales...
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August 08: Activity forecast for investor market
by Staff Reporter • 20 Aug 2008
Investors could be a prime target market for brokers as property prices soften and rental values soar.
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August 08: BankWest cuts Rate Tracker
by Staff Reporter • 20 Aug 2008
BankWest has withdrawn its Rate Tracker home loan from the broker channel, raising questions about the lender’s...
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August 08: PUBLISHER'S LETTER -- Keep your eyes on the prize
by Staff Reporter • 20 Aug 2008
Amid conflicting reports about the health of the Australian economy, the sustainability of mortgage funding and the...
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In search of liquidity
by Staff Reporter • 23 Jul 2008
It’s early days, but the first signs of recovery for Australian securitisation are emerging
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July 08: Commission cuts no impact on Refund Home Loans
by Staff Reporter • 23 Jul 2008
Refund Home Loans (Refund) is adamant its business model will remain unchanged despite reductions of up to 30 per cent...
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July 08: Adelaide Bank cuts commissions
by Staff Reporter • 23 Jul 2008
Adelaide Bank has unveiled what it has labelled a “simple, predictable and sustainable” new broker commission...
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July 08: Monopolised aggregation industry a danger
by Staff Reporter • 23 Jul 2008
Consolidation across the industry may be imminent but association heads have voiced concerns over a monopolised...
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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...
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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...
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