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Trail commissions under threat: FBAA

by Staff Reporter • 11 Feb 2010

Trailing commissions for brokers could soon become extinct, The FBAA’s president Peter White has warned.

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Legislation a threat to investor market

by Staff Reporter • 11 Feb 2010
There is mounting concern that the proposed changes to NSW’s residential tenancy laws could scare off some... READ MORE

CBA warns of rate hike

by Staff Reporter • 11 Feb 2010
Despite posting a $2.9 billion interim cash profit, CBA’s chief executive Ralph Norris said the bank could be forced... READ MORE

Borrowers unhappy with bank service

by Staff Reporter • 11 Feb 2010

Poor bank service has left the door open for brokers to win borrower support.

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Lending hit by higher rates

by Staff Reporter • 11 Feb 2010
The number of loans for new dwellings has dropped for the second consecutive month as the effect of three rate rises... READ MORE

Heritage culls brokers

by Staff Reporter • 10 Feb 2010
Following the departure of RAMS from the third party channel on 19 January, Heritage has become the latest lender to... READ MORE

Sintex gives introducers greater choice

by Staff Reporter • 10 Feb 2010
Sintex is ramping up its loan-to-value ratio (LVR) bands and limits to give its introducers more choice and opportunity... READ MORE

NAB to take slice of Homeloans Ltd

by Staff Reporter • 10 Feb 2010
Homeloans share price continues to surge as speculation mounts that 40 per cent of the non bank lender will be bought... READ MORE

Fraudulent broker jailed

by Staff Reporter • 10 Feb 2010
A former NSW mortgage broker and property developer has been jailed for two years and three months after pleading... READ MORE

Second tier lender matches majors

by Staff Reporter • 10 Feb 2010
ING Direct has been named as a finalist in the Mortgage and Finance Association of Australia’s (MFAA) Lender of the... READ MORE

Stargate upgrades broker platform

by Staff Reporter • 10 Feb 2010
Stargate has announced it will partner with Microsoft to deliver an updated business technology platform to its 2,000... READ MORE

Mortgage EZY unveils third revenue stream

by Staff Reporter • 9 Feb 2010
Non-bank lender Mortgage EZY has developed a unique program, KICK Lending, that gives its broker business partners the... READ MORE

Govt warns against further rate hikes

by Staff Reporter • 9 Feb 2010
Treasurer Wayne Swan has taken a pre-emptive shot at lenders, telling Parliament yesterday that the removal of the... READ MORE

Collins gives investors leg up

by Staff Reporter • 9 Feb 2010
In a bid to increase its market share, non-bank lender Collins Securities has launched a non-genuine savings product... READ MORE

Brokers fear overregulation

by Staff Reporter • 9 Feb 2010
Mounting overhead costs and burdensome disclosure requirements are just two issues brokers are concerned about when... READ MORE

Hemisphere takes flight

by Staff Reporter • 8 Feb 2010

RESIMAC has today officially launched its new retail lending business, Hemisphere Financial Services.

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Home loan demand stumbles

by Staff Reporter • 8 Feb 2010
Demand for home loans dived in January as the effect of three consecutive interest rates took its toll on Australians... READ MORE

Firstfolio to acquire third target

by Staff Reporter • 8 Feb 2010
In a bid to become one of Australia’s leading non-bank mortgage managers, Firstfolio has made an off-market takeover... READ MORE

Auction results start year with a bang

by Staff Reporter • 8 Feb 2010
Despite three interest rate hikes last year and the threat of more this year, the real estate market has remained... READ MORE

Government shocks industry, withdraws guarantee

by Staff Reporter • 8 Feb 2010
In another sign that the economy is well on the road to recovery, the federal government has announced it will end its... READ MORE

Light at the end of the tunnel for RHG

by Staff Reporter • 5 Feb 2010
RHG Mortgage Corporation Limited looks set to reenter mortgage lending having raised its full-year profit guidance by... READ MORE

Homeloans expects profit surge

by Staff Reporter • 5 Feb 2010
Improving market conditions and robust business activity in the second half of 2009 have raised Homeloans expectations... READ MORE

Brokers to focus on long-term relationships: MFAA

by Staff Reporter • 5 Feb 2010
A new survey has found that borrowers are more likely to use brokers for short-term help in getting finance, but prefer... READ MORE

RESIMAC breaks into retail market

by Staff Reporter • 4 Feb 2010
RESIMAC has today revealed that it will launch a new retail lending business – a further indication that mortgage... READ MORE

LJ Hooker targets vendors

by Staff Reporter • 4 Feb 2010
In a bid to ramp up the number of listed properties on the market, LJ Hooker has launched a new campaign ‘Home Sweet... READ MORE

Smaller lenders challenge majors

by Staff Reporter • 4 Feb 2010
Smaller lenders are going head to head with the majors, ramping up their home loan offering in a bid to grab further... READ MORE

Lender takes on majors, lifts LVRs

by Staff Reporter • 4 Feb 2010
In a further sign that competition is reemerging in the market, Future Financial has increased its loan-to-value ratios... READ MORE

China credit constraints a positive step

by Staff Reporter • 4 Feb 2010
The Chinese government's move to restrict credit growth among the nation's banks will strip volatility out of the... READ MORE

Median land price jumps 5.7pc

by Staff Reporter • 4 Feb 2010
The cost of residential land continues to rise nationally, with a new report showing the median price of raw land... READ MORE

Top performing capital city revealed

by Staff Reporter • 4 Feb 2010
Hobart is officially Australia’s best performing capital city, recording an average growth rate of 12.8 per cent each... READ MORE
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