Savings & Loans is seeking to merge with Austral Credit Union in a move to boost its presence in the Melbourne market.

Moody’s Investors Service (Moody’s) said today that the credit outlook for the Australian credit union sector was “negative” due to pressures from the g...

National Australia Bank (NAB) has indicated it will seek alternatives to broker commission cuts.

March quarter housing figures released today by Australian Property Monitors (APM) have revealed that property markets are suffering extensively from the recent string of rate ...

Foreclosure filings increased in the United States by 23 per cent in the March quarter 2008 to 649,917, online real estate expert RealtyTrac revealed overnight.

St George announced this afternoon that from 1 June 2008 it will change the way mortgage brokers earn their commissions.

The outlook for Australian building societies has been labelled "negative" by Moody’s in its Australian Building Societies 2008 Outlook, released this mo...

The new home building cycle is unlikely to see any significant upturn until 2009/10, the Housing Institute of Australia (HIA) forecasted in its National Outlook, released yeste...

Dry funding markets are accelerating mortgage rationing in the UK, with Nationwide Building Society – Britain’s second largest lender – halving its maximum lo...

National Australia Bank (NAB) does not plan to cut third-party commissions but is instead exploring ideas of “re-shaping” current commission structures.

Westpac today announced a rise of 0.10 per cent to its standard variable home lending rate, effective Friday 2 May 2008.

Four successive rate rises have taken their toll on Melbourne’s property market, Real Estate Institute of Victoria (REIV) data has revealed.

Aggregators are braced for a swathe of commission cuts however they are not expected to be as dramatic as those announced by Westpac.

Standard and Poor’s last week raised the ratings on Pepper Home Loans’ Pepper Residential Securities Trust No. 4 Class B, C and D notes to AAA, A+ and BBB- respecti...