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Fed reveals responsible lending rules

by • 15 Jul 2008
The Federal Reserve yesterday approved new rules to govern the home loan market and enforce responsible lending...READ MORE
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Brokers braced for one-in-a-hundred year property slump

by • 15 Jul 2008
Property analysts have warned that the Australian residential market faces a meltdown – a grim prospect for... READ MORE
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Macquarie prices $700 million RMBS

by • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7... READ MORE
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US Treasury to bail out Freddie and Fannie

by • 15 Jul 2008
In a move to prevent a complete demise of the US home loan market, the US Government has announced a plan to bail out... READ MORE
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Personal finance commitments drop in May

by • 14 Jul 2008
The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE
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Retail banking and mortgage jobs slide again

by • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE
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ANZ raises rates

by • 14 Jul 2008
ANZ announced on Friday it would increase the rate on its variable home loans, shortly after the Commonwealth Bank... READ MORE
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US bank collapses

by • 14 Jul 2008
US lender IndyMac Bank was forced to close over the weekend, which has recast fears that the worst of the credit... READ MORE
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CBA hikes rates

by • 11 Jul 2008
The Commonwealth Bank (CBA) today became the first of the big four banks to lift rates despite the RBA’s... READ MORE
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NAB seeks ABN AMRO acquisition

by • 11 Jul 2008
National Australia Bank (NAB) revealed today it is in discussions to purchase ABN AMRO Australia and New... READ MORE
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BoE holds rate as inflation remains above target

by • 11 Jul 2008
Despite a struggling British economy, the Bank of England (BoE) left rates unchanged overnight at five per... READ MORE
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Wizard launches loan for SMEs

by • 11 Jul 2008
Wizard Home Loans yesterday announced it would target the small to medium sized enterprise (SME) market with the... READ MORE
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Inflationary expectations stay at record high

by • 11 Jul 2008
Expectations for record high inflation remain high because of increased fuel, rent and food prices, the Melbourne... READ MORE
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Strong growth for major aggregator

by • 10 Jul 2008
Despite depressed national home loan figures, Choice Aggregation Services (Choice) has reported an increase in... READ MORE
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June unemployment results better than expected

by • 10 Jul 2008
Unemployment fell to an unexpected 4.2 per cent in June, from 4.3 per cent in May, as 24,000 more full time jobs were... READ MORE

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New broker head for Heritage Bank amid leadership shuffle

Heritage Bank’s NSW and ACT state manager Paul Moses is set to become its new head of broker experience, replacing...

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Bluestone boosts non-prime support for brokers

As part of Bluestone’s senior underwriters, the “broker credit coaches” will have new responsibilities added to...

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Prime welcomes new BDMs amid SME lending boom

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