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Liberty reacts to changing market

Despite stark differences between the US and Australian sub-prime markets domestic non-conforming lenders are feeling the squeeze from e...
August 07, 2020
The Bank of Queensland’s (BoQ) bid for a merger with Mackay Permanent Building Society (MPBS) remains strong as a counter proposal from Wide Bay Limited was dismissed by ...
November 05, 2007

Lending growth in Australia is strong despite the impact of tightening global credit markets according to Deloitte.

November 05, 2007
Australian residential property prices grew by a stunning 12.34 per cent over the last year in spite of spiralling housing affordability and the impact of the US sub-prime cris...
November 02, 2007

The Federal Reserve has cut rates by 25 basis points to 4.5 per cent in response to fears of a slowing US economy.

November 01, 2007
St George Bank’s residential loan portfolio (including securitised loans) reached its 10-12 per cent annual growth target, acting chief executive officer Paul Fegan repor...
November 01, 2007

ASX-listed Firstfolio Ltd has ramped up its sales and distribution presence in the north Queensland and Gold Coast markets.

November 01, 2007
A rate rise is not expected to have a significant impact on mortgage lending, Stephen Halmarick Citi director co-head of economics and market analysis told Mortgage Busniess...
November 01, 2007

Credit defaults have increased dramatically over the past 12 months as rising interest rates and income hardships hit struggling borrowers.

October 31, 2007

Plans for Hunter Valley-based Companion Credit Union, Hunter United Employees’ Credit Union and Phoenix Credit Union to merge have been cancelled.

October 31, 2007
The PUMA Masterfund S-5 RMBS transaction – the first Australian RMBS consisting entirely of stated income loans to be issued since July 2007 – has been declared a s...
October 30, 2007

Wide Bay Australia yesterday announced an off-market takeover bid for Mackay Permanent Building Society (MPBS).

October 30, 2007

Pepper Homeloans has shelved two products and axed 19 staff members in the past two weeks as jittery capital markets continue to hurt securitised lenders.

October 29, 2007

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 research house MISC Australia today.

October 29, 2007
Mortgage Business today announced the launch of its print publication, which will hit desks across Australia over the c...
October 29, 2007
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