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US rates down to 2pc

by Staff Reporter • 1 May 2008
The Committee attributed weak economic activity and ongoing impact of the sub-prime crisis to the... READ MORE

S&L and Austral CU merger likely

by Staff Reporter • 30 Apr 2008
If approved the merger would give Savings & Loans a further four branches as well as six additional agencies and... READ MORE

Rate rises stunt property price growth

by Staff Reporter • 30 Apr 2008
All capital cities experienced slower than expected growth in the first three months of the year, including Brisbane,... READ MORE

US foreclosures up more than 100pc

by Staff Reporter • 30 Apr 2008
According to RealtyTrac the surge in filings represented a 112 per cent increase from the corresponding period in... READ MORE

Interest rates hammer Melbourne property market

by Staff Reporter • 28 Apr 2008
According to REIV CEO Enzo Raimondo the median home price in Melbourne for the March quarter was $432,500 – 8.4... READ MORE

More commission cuts on the cards

by Staff Reporter • 28 Apr 2008
“Many are choosing to take a ‘wait and see’ approach, and will follow the market reaction to... READ MORE

S&P raises ratings on Pepper?s loans

by Staff Reporter • 28 Apr 2008
The rating agency also affirmed the AAA rating on the Trust’s Class A1, A2, and A3 notes. Chief financial... READ MORE

GE reaffirms commissions guarantee

by Staff Reporter • 28 Apr 2008
The company’s managing director Mark Rice said the industry was entering a time of change and that the last... READ MORE

Fitch rates Kingfisher Trust 2008-1 AAA

by Staff Reporter • 24 Apr 2008
The collateral pool, named Kingfisher Trust 2008-1 consists of 70,498 loans. It has a weighted loan-to-value ratio... READ MORE

CPI rises 1.3 per cent

by Staff Reporter • 23 Apr 2008
The quarter’s increase brings the annual rate of inflation to 4.2 per cent – significantly outside the... READ MORE

AIMS suspends product ranges

by Staff Reporter • 23 Apr 2008
Speaking with Mortgage Business today, AIMS head of credit and support Jim Miltiadis emphasised that the suspension... READ MORE

Freddie Mac jumbo loan purchases to stimulate market

by Staff Reporter • 21 Apr 2008
The announcement marks the first large-scale effort to jumpstart the market under the Economic Stimulus Act, which... READ MORE

New enhancements added to Basel II Framework

by Staff Reporter • 18 Apr 2008
The initiatives, which support the Financial Stability Forum’s recommendations put forward to the G7 last week,... READ MORE

BoE plans to unblock credit markets

by Staff Reporter • 18 Apr 2008
While exact details are still a few weeks away it is understood the plans will stimulate inter-bank lending by... READ MORE

April 06: It's business as usual for Origin

by Staff Reporter • 18 Apr 2008
Speaking exclusively with Mortgage Business, James Brooks, head of Origin, said that it was “business as usual”... READ MORE
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