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Non-bank buys back RMBS bonds

by Staff Reporter • 19 Jul 2011
FirstMac has voluntarily offered to buy back the outstanding residential mortgage backed security (RMBS) bonds issued... READ MORE

Non-bank prices non-conforming RMBS

by Staff Reporter • 18 Jul 2011
RESIMAC has priced its inaugural RMBS transaction in the specialist space. The non-bank lender upsized and priced a... READ MORE

Westpac predicts rate cut

by Staff Reporter • 18 Jul 2011
Westpac’s chief economist Bill Evans has shocked the market by forecasting a series of interest rate cuts. Mr Evans... READ MORE

Banks grab greater market share

by Staff Reporter • 15 Jul 2011
Australia’s banks are now more dominant than ever before, the MFAA has claimed. Mortgage lending figures for May... READ MORE

Dwelling commencements to remain weak

by Staff Reporter • 15 Jul 2011
Housing construction is expected to remain weak for the rest of the year as residential land sales continue to... READ MORE

Non-bank extends regional presence

by Staff Reporter • 14 Jul 2011
Non-bank lender, intouch Home Loans continues to expand its footprint in regional Australia, opening several branches... READ MORE

ING DIRECT cuts rates

by Staff Reporter • 14 Jul 2011
In a bid to establish itself as a true alternative to the majors, ING DIRECT has slashed the interest on its one, two... READ MORE

CBA launches new iApp

by Staff Reporter • 13 Jul 2011
Determined to stay one step ahead of its competition, the Commonwealth Bank of Australia has today unveiled two new... READ MORE

Vow partners Allianz

by Staff Reporter • 12 Jul 2011
In a bid to help its broker partners diversify their core services, Vow Financial has announced it will partner with... READ MORE

Heritage prices RMBS

by Staff Reporter • 11 Jul 2011
Heritage Building Society has today finalised its tenth and largest securitisation transaction. The $800 million RMBS... READ MORE

Price signalling ban gets seal of approval

by Staff Reporter • 8 Jul 2011
The House of Representatives has officially passed a bill which will stop banks from price signalling. The bill was... READ MORE

Bank of Melbourne hits milestone

by Staff Reporter • 8 Jul 2011
Just weeks out from its new launch date, the Bank of Melbourne has officially opened its customer contact centre. The... READ MORE

CBA to launch offset account

by Staff Reporter • 8 Jul 2011
The Commonwealth Bank of Australia will move to strengthen its product suite in the near future with a fully... READ MORE

Refinancing opportunities heat up - Jul 2011

by Staff Reporter • 8 Jul 2011
Brokers are seeing a significant increase in the number of home owners refinancing their mortgage, new research has... READ MORE

Banks lash out at price signalling ban

by Staff Reporter • 7 Jul 2011
While Parliament continues to debate the validity of the ban, banks such as NAB have spoken of the negative... READ MORE
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