Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

analysis

default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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 follow. READ MORE
default image

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
default image

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
default image

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
default image

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
default image

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 industry. READ MORE
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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