BankWest will reduce its distribution to just 17 brokerages and will break ties with all other groups within 28 days.
Wizard Home Loans’ founder Mark Bouris will seek to regain control of the lender just four years after selling it to GE Money.
House prices softened considerably during the first quarter of the year, data released by the Real Estate Institute of Australia (REIA) has confirmed.
GMAC-RFC confirmed today that it successfully placed a $302.8 million non-conforming RMBS issue, following a refusal to comment on the deal earlier in the week.
Suncorp securitised $2.6 billion in residential mortgages last Thursday, 15 May.
With international funding markets still dry, Australian businesses are increasingly looking to local banks to finance their operations.
The HIA-CBA First Home Buyer Affordability Index fell during the first quarter this year by 3.5 per cent – 10 per cent lower than it was just one year ago.
GMAC-RFC reportedly priced a RMBS deal yesterday worth $300 million.
Tough capital market conditions have forced Seiza Capital to reduce funding for some products, including low-doc loans.
The major bank has said that it is taking ASIC’s legal action ...
The broking franchise group has released its full-year results, r...
Major aggregator AFG has announced the addition of a new small-bu...