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Lender

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BoE says banks overstate losses

by Staff Reporter • 2 May 2008
UK banks have overstated sub-prime related losses, which is likely to delay any improvements in confidence levels in... READ MORE
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No commission cuts from ANZ

by Staff Reporter • 2 May 2008
ANZ has broken its silence on broker commissions, confirming exclusively with Mortgage Business this afternoon that no... READ MORE
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Westpac delivers strong profit result

by Staff Reporter • 1 May 2008
Westpac this morning delivered a “robust” net profit for the six months ending 31 March 2008 of $2,202... READ MORE
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Uncertain outlook for building societies: Moody's

by Staff Reporter • 29 Apr 2008
The outlook for Australian building societies has been labelled "negative" by Moody’s in its... READ MORE
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New home building to lag until 2009/10

by Staff Reporter • 29 Apr 2008
The new home building cycle is unlikely to see any significant upturn until 2009/10, the Housing Institute of... READ MORE
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Second largest UK lender halves maximum loan size

by Staff Reporter • 29 Apr 2008
Dry funding markets are accelerating mortgage rationing in the UK, with Nationwide Building Society –... READ MORE
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Westpac hikes variable interest rates

by Staff Reporter • 28 Apr 2008
Westpac today announced a rise of 0.10 per cent to its standard variable home lending rate, effective Friday 2 May... READ MORE
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ANZ and NAB hike rates

by Staff Reporter • 28 Apr 2008
ANZ and NAB both announced ten basis point increases to their standard variable mortgage rates over the long weekend. READ MORE
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New funding, pricing for Collins Securities

by Staff Reporter • 24 Apr 2008
Collins Securities has relaunched its product range with more competitive pricing after securing a new funding... READ MORE
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Industry backs broker channel despite lender withdrawals

by Staff Reporter • 23 Apr 2008
Despite a number of lenders recently exiting third-party distribution major funders are not expected to follow. READ MORE