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FBAA board reelected at AGM
by Staff Reporter • 26 Nov 2009
The FBAA board was reelected uncontested at its annual general meeting last Friday, 20 November 2009.
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Receivables finance up
by Staff Reporter • 25 Nov 2009
Receivables finance has continued to grow, highlighting an improvement in business conditions for small to medium... READ MORE
Canadian interest rate to stay flat
by Staff Reporter • 25 Nov 2009
The outlook for Canadian mortgage brokers is largely positive with no rate rise on the horizon, according to the... READ MORE
Brokers back non-banks despite domination of majors
by Staff Reporter • 25 Nov 2009
Broker sentiment towards the non-banks remains strong despite the increasing market share captured by the majors.
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“Huge wall of capital” to flow into Australian real estate
by Staff Reporter • 25 Nov 2009
Asia-Pacific investors look set to flock to Australia’s property market following South Korea’s National Pension... READ MORE
Mortgage Choice optimistic despite challenging year
by Staff Reporter • 25 Nov 2009
Despite recent tough market conditions and a decrease in cash earnings, Mortgage Choice is buoyed by prospects for the... READ MORE
Liberty takes stake in NZ finance business
by Staff Reporter • 24 Nov 2009
As part of a $22 million deal, Liberty Financial (Liberty) will become a 50 per cent owner of Auckland-based Business... READ MORE
Banking crisis over: economist
by Staff Reporter • 24 Nov 2009
The threat of further bank collapses has evaporated according to one of Canada’s leading financial economists... READ MORE
Virgin struggles but still focused on growth
by Staff Reporter • 24 Nov 2009
Virgin Money Australia continues to struggle despite an overall improvement on its bottom line performance over the... READ MORE
US home sales soar
by Staff Reporter • 24 Nov 2009
Existing home sales in the US jumped 10.1 per cent in October, the National Association of Realtors revealed... READ MORE
NAB to beef-up UK presence
by Staff Reporter • 24 Nov 2009
NAB’s British acquisition strategy may step up a gear as possible sales opportunities start to appear.
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Drop in borrowers seeking super relief
by Staff Reporter • 23 Nov 2009
There has been a sharp fall in the number of borrowers that have had to tap into their superannuation in order to meet... READ MORE
Buyers confused about FHOG boost
by Staff Reporter • 23 Nov 2009
Confusion surrounding the end of the first home owners boost could be taking heat away from the first home buyer... READ MORE
Mixed results for weekend clearance rates
by Staff Reporter • 23 Nov 2009
There was little change in the weekly clearance rates achieved in the major east coast capitals over the weekend,... READ MORE
Astute takes stake in AMB
by Staff Reporter • 23 Nov 2009
Astute has taken a stake in the boutique franchise operation Australian Mortgage Brokers (AMB).
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MFAA to change constitution
by Staff Reporter • 20 Nov 2009
The MFAA will ask its members to vote on proposed amendments to the constitution at the upcoming Annual General... READ MORE
Financial planners shouldn’t get commission: Bowen
by Staff Reporter • 20 Nov 2009
Financial services minister Chris Bowen has denounced commissions paid to financial advisers because they create a... READ MORE
Busy month ahead for brokers
by Staff Reporter • 20 Nov 2009
Industry analysts believe the property market will be busy in the lead up to christmas as first home buyers rush in to... READ MORE
Mortgage market can expect increased competition
by Staff Reporter • 20 Nov 2009
Competition is slowly starting to reemerge in the mortgage market, RBA assistant governor Guy Debelle has... READ MORE
Mortgage Choice adds Liberty to panel
by Staff Reporter • 19 Nov 2009
Mortgage Choice has added finance provider Liberty Financial to its lender panel.
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Firstfolio to acquire $6bn loan book
by Staff Reporter • 19 Nov 2009
Firstfolio has this morning announced plans to acquire three separate mortgage businesses in a bid to ramp up its loan... READ MORE
Non-bank lender sees surge in activity
by Staff Reporter • 19 Nov 2009
Improved funding and renewed confidence in the non-bank sector has seen an upswing in volumes for the mortgage... READ MORE
Planners get slapped with educational requirements
by Staff Reporter • 19 Nov 2009
It is not just brokers who are being pushed towards tougher licensing requirements; financial planners will soon also... READ MORE
Rate hike likely in December
by Staff Reporter • 19 Nov 2009
Brokers are factoring further rate rises in to their calculations as the Reserve Bank looks set to lift the official... READ MORE
CMBS tight but future is bright: Fitch
by Staff Reporter • 19 Nov 2009
The Australian commercial mortgage backed securities (CMBS) market has successfully refinanced all 2009 year-to-date... READ MORE
Climbing rents good news for investors
by Staff Reporter • 19 Nov 2009
Property investors looking for an immediate return on their investment are flocking to the eastern suburbs of Sydney... READ MORE
Renters struggle to find property in Sydney
by Staff Reporter • 18 Nov 2009
Rental property vacancies remain very tight in Sydney, according to the NSW Real Estate Institute (REINSW).
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First RMBS to be placed without AOFM backing
by Staff Reporter • 18 Nov 2009
Bendigo and Adelaide Bank could become the first regional bank to sell residential mortgage backed securities without... READ MORE
New data hub to boost broker efficiencies
by Staff Reporter • 18 Nov 2009
Pisces has launched a new web-based application that enables brokers to complete accurate assessments and comparison of... READ MORE
Credit union industry under pressure to merge
by Staff Reporter • 18 Nov 2009
The credit union industry is under pressure to build scale through mergers after reporting deep cuts to interest... READ MORE
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