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Credit crunch set to hit big US banks hard

US analysts are trimming fourth quarter estimates for the US’s major banks to account for capital market write-downs, loan loss re...
April 04, 2020

Members Equity Bank looks set to overhaul the way it funds home loans as a result of the liquidity problems affecting financial markets, reports The Courier-Mail.

January 02, 2008

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December 31, 2007

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December 31, 2007

Australian banks are targeting Australians living in Europe as domestic home loan affordability continues to bite.

December 28, 2007
The Mortgage Bankers Association ‘s (MBA) mortgage applications survey for the week ending December 21 measured a 7.6 per cent seasonally adjusted drop in loan applicatio...
December 28, 2007
Dwelling sales topped $209 billion over the 2007 financial year according to the Real Estate Institute of Australia’s (REIA) annual summary – the highest ever recor...
December 27, 2007

Australia’s property owners are confident the economy will remain strong over 2008.

December 24, 2007

Queensland-based business Option2Buy is facing receivership after only a few short months in the market.

December 21, 2007
The Federal Reserve received strong interest from financial institutions this week from its first short-term credit auction, designed to ease the strain on the credit markets. ...
December 21, 2007

Australian banks’ assets grew by 17.5 per cent in the 06/07 financial year, driven by strong growth in housing loans.

December 20, 2007
Victorian real estate agents underquoting property prices to lure buyers to auction has reached ‘epidemic’ proportions according to the Australian Property Institut...
December 20, 2007

The international credit crisis will be “very good” for local banks, Justin Braitling of Australian Leaders Fund today told The Australian.

December 19, 2007

Credit unions and building societies experienced a positive 12 months to September 2007 with lending for housing driving the sector’s growth.

December 18, 2007
While there was increased activity in dwelling commencements over the past quarter, the long-awaited recovery is still some time off according to Master Builders Australia (MBA...
December 18, 2007
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