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US mortgage applications drop 3.6 per cent

US mortgage applications plunged last week according to the Mortgage Bankers Association’s (MBA) weekly mortgage applications surv...
August 07, 2020
Australia’s largest credit union, Credit Union Australia (CUA), has become the latest victim of the global credit crunch after suspending sales of all variable rate home ...
November 23, 2007

Wide Bay Australia today announced that it has received an overwhelming response to its takeover offer for Mackay Permanent Building Society (MPBS).

November 22, 2007
Brisbane has stolen Sydney’s mantle as the most expensive office market in the country, according to the latest global market rents survey from CB Richard Ellis. ...
November 22, 2007

The majority of borrowers that have taken out a reverse mortgage were not fully informed about the conditions of their loan, a report issued yesterday by ASIC said.

November 22, 2007
RAMS Home Loans’ directors confirmed yesterday in a statement to the ASX their unanimous recommendation that shareholders vote in favour of Westpac’s proposed $140 ...
November 21, 2007

The Bank of Queensland (BoQ) withdrew its $53.2 million takeover bid for Mackay Permanent Building Society (MPBS) yesterday.

November 21, 2007
US homebuilder confidence for new single-family homes remains at a record low this month due to continuing mortgage market problems, a substantial inventory overhang, and the e...
November 20, 2007
The Bank of Queensland (BoQ) has announced it does not intend to increase its $53.2 million offer for Mackay Permanent Building Society (MPBS) despite Wide Bay’s counter ...
November 20, 2007

Securitised lenders may have been starved of funds since the July US sub-prime collapse but Australia’s private lenders are bringing home the bacon.

November 19, 2007
Mackay Permanent Building Society’s (MPBS) board of directors have backed Wide Bay’s latest takeover offer, saying it is “superior” to a competing bid f...
November 19, 2007

Confidence in the UK commercial property market has hit a four year low, with the global credit crunch listed as one of the key contributors.

November 19, 2007

Westpac today announced that it had completed funding arrangements for RAMS Home Loans up to $500 million.

November 16, 2007

The Victorian government launched the world’s first electronic conveyancing (EC) system today.

November 16, 2007
Research released by Veda Advantage yesterday found that 1.9 million Australians with good credit histories have been denied credit because of the current reporting system. ...
November 16, 2007
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