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Low doc loans still popular despite rate increases

The low doc loan market grew by 26 per cent to reach $8.4 billion last year, despite being hampered by surging interest rates said resea...
July 17, 2020
Mortgage Business today announced the launch of its print publication, which will hit desks across Australia over the c...
October 29, 2007
Pepper Homeloans confirmed a record pricing for its Residential Securities Trust No. 6 (PRS6) non-conforming issue, demonstrating the current strength of the Australian market....
October 26, 2007
The US sub-prime contagion was predictable ten months before it occurred if banks fund managers and insurers had utilised basic risk analysis, says Australian Reward Investment...
October 26, 2007

Selected brokers from the FAST, Astute and The Mortgage Professionals aggregation groups will take part in GMAC-RFC’s launch into the Australian mortgage market.

October 26, 2007

The Lending Industry SML Initiative (LIXI) has appointed the MFAA and Pisces Group to its board at an annual general meeting this week.

October 25, 2007
The September quarter’s CPI figures indicated a 0.7 per cent rise in headline inflation for an annual rate of 1.9 per cent – fuelling speculation for a November rate rise....
October 24, 2007
Commonwealth Bank of Australia’s internet-based direct lending arm Homepath has reported a net profit loss of $7.7 million in the year to end-June, reports The Austral...
October 24, 2007

The lack of new housing in Australia coupled with an influx in migration is piling pressure on the nation’s economy.

October 23, 2007
Australia will strengthen its fight against money laundering and terrorism financing through the introduction of a host of new provisions to the Anti-Money Laundering and Count...
October 23, 2007
National aggregation firm The Brokerage has recruited ex-rugby league professional Joel Caine as head of key accounts NSW/ACT. Caine’s previous roles include business developm...
October 22, 2007

Low vacancy rates and housing affordability issues will see the Federal government’s promised tax cuts eaten by spiraling rent, warns The Australian.

October 21, 2007

Three Hunter Valley-based credit unions have announced plans to merge.

October 17, 2007
Australian First Mortgage (AFM) has reported a profitable end to the 2007 financial year. Overall the business achieved a Return on Equity (RoE) in excess of 40% for the 2006-0...
October 16, 2007

CBA recently bumped up its quarterly Line of Credit reference rate by a hefty 50 basis points.

October 15, 2007
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