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ING DIRECT rationalises broker servicing and distribution

ING DIRECT announced last week that it will directly service all accredited broker groups using its own business development managers ra...
January 28, 2022

The Bank of England’s Monetary Policy Committee voted overnight to keep the official cash rate at 5 per cent.

August 08, 2008

Opportune Home Loans is the latest mortgage manager to announce the launch of a new home loan designed to compete with the major banks.

August 08, 2008

Refinancing business has soared in July according to figures released by AFG today.

August 08, 2008
Brighter times may lie ahead for brokers as the RBA eases its stance on rates, but Australia’s property market could also be healthier than pundits would have the industr...
August 07, 2008

Refinancing activity is tipped to soar in coming months as interest rates look almost certain to fall.

August 07, 2008

Employment remained surprisingly strong in July, despite a slowdown in economic growth, ABS figures showed today.

August 07, 2008

The number of owner-occupied dwellings financed by non-banks increased by 1.8 per cent in June, ABS data showed yesterday.

August 07, 2008

Non-bank lender RESIMAC has issued its first prime RMBS deal for 2008.

August 07, 2008
Freddie Mac announced an enormous second quarter loss of US$821 million (A$902 million) overnight, a significant deterioration from the US$151 million (A$166 million) loss it r...
August 07, 2008

Mortgage brokers are close to the banks as the favoured first point of contact for mortgage advice for first time buyers, according to a recent Mortgage Choice survey.

August 06, 2008

The number of Australians who committed to a home loan declined again in June to just 50,294.

August 06, 2008

Embattled UK bank Northern Rock announced a £585.4 million (A$1.249 billion) loss overnight for the six months to June this year.

August 06, 2008

The Federal Reserve (Fed) kept interest rates on hold overnight at a rate of two per cent.

August 06, 2008

The retail banking and mortgage sector’s job market continued to contract in July, Olivier’s Job Index revealed yesterday.

August 06, 2008
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Stephen Jones MP

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