Lender

Countrywide acquired by Bank of America

by Staff Reporter • 14 Jan 2008

Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth... READ MORE

by Staff Reporter • 11 Jan 2008

The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the... READ MORE

by Staff Reporter • 11 Jan 2008

Citigroup and Merrill Lynch, two of Wall Street’s biggest names, are seeking emergency funding from foreign... READ MORE

by Staff Reporter • 11 Jan 2008

The big four banks have denied any direct link to the US sub-prime lending market despite their exposure to ailing US... READ MORE

by Staff Reporter • 11 Jan 2008

The credit crisis may trigger increased consolidation among lenders, Commonwealth Bank (CBA) chief executive Ralph... READ MORE

by Staff Reporter • 11 Jan 2008

Non-bank lender Resi Mortgage Corporation has called the behaviour of the banks into question as interest rates were... READ MORE

by Staff Reporter • 10 Jan 2008

The Commonwealth Bank yesterday announced a rise in its variable home loan interest rate of 0.10 per cent to 8.67 per... READ MORE

by Staff Reporter • 9 Jan 2008

ANZ’s rate rise will not impact its share of the mortgage market, CEO Michael Smith told reporters in Malaysia,... READ MORE

by Staff Reporter • 9 Jan 2008

The Australian Prudential Regulation Authority (APRA) is investigating whether the banks have enough capital to cope... READ MORE

by Staff Reporter • 9 Jan 2008

Building approvals figures released by the ABS today have revealed a 2.0 per cent rise in total dwelling approvals for... READ MORE