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Mortgage operation unaffected by administration: Pisces

by Staff Reporter • 4 Jun 2009
Technology firm Pisces Group has placed itself in voluntary administration but has emphasised its mortgage business...READ MORE

Supermodel's ex broker boyfriend guilty of fraud

by Staff Reporter • 4 Jun 2009
A former mortgage broker and ex-boyfriend of supermodel Miranda Kerr was yesterday found guilty on one count of fraud... READ MORE

RAMS awarded Non-Bank Lender of the Year

by Staff Reporter • 4 Jun 2009
RAMS Home Loans has been recognised as Non-Bank Lender of the Year in Money Magazine’s Consumer Finance... READ MORE

Mortgage Choice pushes big-bank alternatives

by Staff Reporter • 4 Jun 2009
Mortgage Choice will engage in a series of national workshops to help its brokers uncover alternative lenders to the... READ MORE

Property listings up but prices steady

by Staff Reporter • 4 Jun 2009
An increase in property listings as a result of lower buyer confidence has failed to cause any widespread price falls... READ MORE

Govt cautious on economic outlook

by Staff Reporter • 4 Jun 2009
Yesterday’s national accounts revealed Australia has avoided recession and outperformed every other advanced... READ MORE

St George named home lender of the year

by Staff Reporter • 3 Jun 2009
St George Bank has been named 2009 Home Lender of the Year by Money Magazine, scuppering ANZ who has won the award for... READ MORE

Macquarie rumoured to re-enter lending - Jun 2009

by Staff Reporter • 3 Jun 2009

Rumours are heating up that Macquarie Group is looking to re-enter the mortgage lending space.

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Australia avoids recession

by Staff Reporter • 3 Jun 2009
The Australian economy has dodged the global recession with data revealing today that the economy achieved positive... READ MORE

Borrowing activity on the rise: UK

by Staff Reporter • 3 Jun 2009
Mortgage approvals continue to inch upwards in the UK as borrowers move to take advantage of record low interest rates... READ MORE

Lend more to green households: HIA

by Staff Reporter • 3 Jun 2009
Lenders have been called upon to relax credit assessments for buyers of energy efficient homes by the Housing Industry... READ MORE

Australian home owners beat delinquency trends

by Staff Reporter • 3 Jun 2009
Delinquencies on Australian mortgages recorded a surprise decline in the first quarter of the year, bucking long-term... READ MORE

Record take up of FHOG

by Staff Reporter • 3 Jun 2009

A record number of first home buyers entered the market in April, new figures show.

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First home buyers spur building recovery

by Staff Reporter • 3 Jun 2009
An increase in new dwelling approvals for the fourth consecutive month has provided further evidence that the housing... READ MORE

Cash rate steady

by Staff Reporter • 3 Jun 2009

The RBA decided to leave the cash rate unchanged at 3.0 per cent at its board meeting today.

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Seniors use reverse mortgages to renovate

by Staff Reporter • 2 Jun 2009
A third of retirees with reverse mortgages are using the funds from their loan to fund home improvements, a new study... READ MORE

Mixed messages in economic data

by Staff Reporter • 2 Jun 2009
A rise in retail spending in April suggests the government’s stimulus payments are working to rouse the economy... READ MORE

Government prepares for bankruptcy boom

by Staff Reporter • 2 Jun 2009
The federal government is contemplating major reforms of bankruptcy laws as it prepares for a surge in personal... READ MORE

Long awaited home building recovery on horizon

by Staff Reporter • 2 Jun 2009
A recovery in the housing market is finally in sight, according to the Housing Industry Association (HIA), after it... READ MORE

AOFM investment to boost FirstMac lending volumes

by Staff Reporter • 2 Jun 2009
In encouraging news for the mortgage market non-bank lender FirstMac has successfully placed and priced its second... READ MORE

Originator launches non-genuine savings 90pc LVR

by Staff Reporter • 2 Jun 2009
In a market where genuine savings are quickly becoming the norm, Better Mortgage Management has bucked the trend and... READ MORE

Tennis star served repayment demand by non-conforming lender

by Staff Reporter • 1 Jun 2009
Mark “The Scud” Philippoussis is being sued for failing to repay his mortgage highlighting that even the... READ MORE

NSW extends grants for first home buyers

by Staff Reporter • 1 Jun 2009

The New South Wales government yesterday announced ongoing incentives to support first home buyers.

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Rents easing as housing affordability improves

by Staff Reporter • 1 Jun 2009
Improved housing affordability is enticing more people into the housing market and taking pressure off the rental... READ MORE

Auction clearance rates strong year-on-year

by Staff Reporter • 1 Jun 2009
Sydney and Melbourne clearance rates posted solid increases compared to the same weekend last year, according to... READ MORE

MFAA lobbies government on behalf of brokers

by Staff Reporter • 1 Jun 2009
The MFAA has called on the government to keep the proposed licensing procedures for brokers simple and easy to avoid... READ MORE

Australian property markets defy downturn

by Staff Reporter • 1 Jun 2009
Australian dwelling values have recorded a healthy 2.8 per cent increase in the first four months of the year, defying... READ MORE

Fraudulent ACT broker dodges jail

by Staff Reporter • 29 May 2009
A Canberra mortgage broker who pleaded guilty to forging documents to exaggerate borrowers’ financial positions... READ MORE

mecu and RegionalOne to merge

by Staff Reporter • 29 May 2009
Victoria’s largest credit union, mecu, is set to merge with RegionalOne Credit Union, after members voted... READ MORE

Credit unions, building societies promote responsible lending

by Staff Reporter • 29 May 2009
Mutual industry body Abacus has launched a revised code of practice to set out responsible and ethical lending... READ MORE
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