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Lender
Prime RMBS arrears up 12bps
by Staff Reporter • 9 Feb 2009
Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in...
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More lenders pass on full 100bps cut
by Staff Reporter • 5 Feb 2009
A number of lenders have joined the big four in passing on all of this month’s cash rate reduction to borrowers.
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Building slump defies ?08 rate reductions
by Staff Reporter • 5 Feb 2009
Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick...
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PUBLISHER'S LETTER -- Heel dragging from lenders will cost brokers...
by Staff Reporter • 4 Feb 2009
Bank third-party servicing levels are again in the spotlight with reports that some of the majors are inflicting delays...
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Consumer spending exceeds expectations
by Staff Reporter • 3 Feb 2009
Solid post Christmas spending could indicate that Australian consumers have responded to lower interest rates and the...
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Commonwealth Bank to deliver better than expected profit
by Staff Reporter • 3 Feb 2009
The Commonwealth Bank has announced a profit upgrade for its first half results – a surprise for the market...
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BankWest trims major groups' commission
by Staff Reporter • 30 Jan 2009
BankWest’s commission guarantee to its top six aggregation groups has ended and a new reduced remuneration...
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Wizard brand could be canned
by Staff Reporter • 29 Jan 2009
The Wizard Home Loans brand may soon disappear from the mortgage industry with new owner Aussie Home Loans reportedly...
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Weak global economy and falling inflation point to big rate cut
by Staff Reporter • 29 Jan 2009
Bleak forecasts for the global economy from the IMF and the biggest quarterly decline in domestic inflation in more...
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ING Group losses no impact on ING DIRECT
by Staff Reporter • 28 Jan 2009
Brokers have been assured that despite a massive expected fourth quarter loss and looming job cuts for Dutch banking...
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