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Credit unions hit back at ‘big four’ dominance claims
by Staff Reporter • 4 Sep 2009
Credit unions and building societies want to clarify the data released by the Australian Prudential Regulation...READ MORE
ANZ eyes mortgage market share increase
by Staff Reporter • 4 Sep 2009
ANZ is said to be gearing up for a push in the residential mortgage market.
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OECD predicts early economic recovery
by Staff Reporter • 4 Sep 2009
The Organisation of Economic Cooperation and Development (OECD) has predicted an early recovery for the world... READ MORE
Pain ahead for leveraged borrowers
by Staff Reporter • 4 Sep 2009
Loan Market Group has claimed that almost 20 per cent of Australians would not be able to afford higher loan repayments... READ MORE
Macquarie to break into aggregation
by Staff Reporter • 3 Sep 2009
Speculation is mounting that Macquarie Bank may soon be back in the Australian home loan market.
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Govt guarantees to remain
by Staff Reporter • 3 Sep 2009
The federal government has said it will leave its bank deposit guarantee in place for another three years.
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Delinquency rate falls
by Staff Reporter • 3 Sep 2009
In a sign that the Australian economy is beginning to stabilise, the nation’s delinquency rate has fallen from 10.39... READ MORE
Trade-up buyers re-enter mortgage market: AFG
by Staff Reporter • 3 Sep 2009
Property owners looking to up-grade their family homes are returning to the market after six months of relative... READ MORE
ASIC shakes up lending obligations
by Staff Reporter • 3 Sep 2009
Banks, advisors and brokers will have to assess whether or not a product is suitable before providing the credit... READ MORE
ME Bank to break into RMBS market
by Staff Reporter • 2 Sep 2009
ME Bank is set to become the first lender to re-enter the residential mortgage backed securities market without... READ MORE
CBA registers increase in customer satisfaction
by Staff Reporter • 2 Sep 2009
CBA has posted the biggest improvement in customer satisfaction in the past 12 months, increasing 3.3 per cent to 70.9... READ MORE
Building approvals soar
by Staff Reporter • 2 Sep 2009
Residential building approvals have risen for the second consecutive month highlighting a strengthening economy and the... READ MORE
Australia’s prestige ‘value for money’ suburbs revealed
by Staff Reporter • 2 Sep 2009
Declining prestige property prices are expected to catch the eye of high end investors over the coming months according... READ MORE
Mortgage applications rise 28pc
by Staff Reporter • 1 Sep 2009
More Australians are taking out mortgages as low interest rates and government handouts make owning a home more... READ MORE
Mortgage Choice diversifies lender panel
by Staff Reporter • 1 Sep 2009
Mortgage Choice has added finance provider LeaseChoice, expanding the scope of its lender panel.
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NAB engages ValEx
by Staff Reporter • 1 Sep 2009
Valuation Exchange (ValEx) will manage the residential property valuations for NAB’s broker division.
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AFG not for sale
by Staff Reporter • 1 Sep 2009
As the dust settles on the NAB move for Challenger Mortgage Management AFG’s managing director Brett McKeon has laid... READ MORE
NAB backs mortgage management funding
by Staff Reporter • 31 Aug 2009
The mortgage management sector has been given a significant funding boost with NAB affirming its commitment to... READ MORE
Clearance rates soar in Sydney and Melbourne
by Staff Reporter • 31 Aug 2009
Auction clearance rates have again surged above 70 per cent in Sydney and Melbourne, data from Australian Property... READ MORE
Rate rises to hit within months
by Staff Reporter • 31 Aug 2009
The days of rock-bottom interest rates may be numbered with the RBA now looking set to raise the cash rate before the... READ MORE
No threat to broker commissions: NAB
by Staff Reporter • 31 Aug 2009
National Australia Bank has reinforced its commitment to the broker channel and said it has no intention of turning... READ MORE
Opportunities emerge for brokers in self-employed sector
by Staff Reporter • 28 Aug 2009
As the economy again gathers momentum, self-employed borrowers – who traditionally fall outside the banks’ lending... READ MORE
Google eyes aggregation
by Staff Reporter • 28 Aug 2009
There is growing speculation that Google may soon enter the aggregation sphere.
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Mortgage fraud rises 1,400pc in California
by Staff Reporter • 28 Aug 2009
In a bid to combat spiraling mortgage fraud California is set to introduce new legislation that will allow prosecutors... READ MORE
Govt. brings broker legislation forward
by Staff Reporter • 28 Aug 2009
The federal government’s decision to bring forward the new responsible lending requirements for brokers and lenders... READ MORE
AMB to break into aggregation
by Staff Reporter • 28 Aug 2009
Franchise brokerage Australian Mortgage Brokers will attempt to break into the aggregation sector when it launches a... READ MORE
No return to mortgage market for GE
by Staff Reporter • 28 Aug 2009
GE Australia and New Zealand chief executive Steve Sargent has said GE Capital is no hurry to re-introduce mortgages... READ MORE
Firstfolio’s mortgage portfolio up 50pc
by Staff Reporter • 27 Aug 2009
Firstfolio’s mortgage portfolio has grown to $12 billion in the year to 30 June 2009 – an increase of 50 per... READ MORE
Aggregation: a future for the independent operation?
by Staff Reporter • 27 Aug 2009
A recent Mortgage Business straw poll revealed that the majority of brokers believe that eventually all aggregators... READ MORE
Europe set to reinvigorate RMBS
by Staff Reporter • 27 Aug 2009
The RMBS market has been tainted globally, leaving European commentators to call for greater transparency in the hope... READ MORE
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