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Breaking News
Trail commission debate heats up
by Staff Reporter • 12 Feb 2010
Suggestions from the FBAA that trail commissions are under threat have been dismissed by industry figureheads as...
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Strengthening employment bad news for borrowers
by Staff Reporter • 12 Feb 2010
Australia’s strong employment data has increased the risk of a rate rise in March.
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Talkback: Brokers speak out over FBAA trail commission comments
by Staff Reporter • 12 Feb 2010
Broker reaction to comments made by FBAA president Peter White in the article ‘Trailing commissions under threat’.
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Major raises unguaranteed funds
by Staff Reporter • 12 Feb 2010
ANZ has raised $1.8 billion, the largest non-guaranteed bank funding deal in the domestic market this year.
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Homeloans employs league legend to market brand
by Staff Reporter • 12 Feb 2010
Homeloans is currently ramping up its presence in the Queensland market.
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Trail commissions under threat: FBAA
by Staff Reporter • 11 Feb 2010
Trailing commissions for brokers could soon become extinct, The FBAA’s president Peter White has warned.
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Legislation a threat to investor market
by Staff Reporter • 11 Feb 2010
There is mounting concern that the proposed changes to NSW’s residential tenancy laws could scare off some investors.
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CBA warns of rate hike
by Staff Reporter • 11 Feb 2010
Despite posting a $2.9 billion interim cash profit, CBA’s chief executive Ralph Norris said the bank could be forced...
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Borrowers unhappy with bank service
by Staff Reporter • 11 Feb 2010
Poor bank service has left the door open for brokers to win borrower support.
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Lending hit by higher rates
by Staff Reporter • 11 Feb 2010
The number of loans for new dwellings has dropped for the second consecutive month as the effect of three rate rises...
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Heritage culls brokers
by Staff Reporter • 10 Feb 2010
Following the departure of RAMS from the third party channel on 19 January, Heritage has become the latest lender to...
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Sintex gives introducers greater choice
by Staff Reporter • 10 Feb 2010
Sintex is ramping up its loan-to-value ratio (LVR) bands and limits to give its introducers more choice and opportunity...
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NAB to take slice of Homeloans Ltd
by Staff Reporter • 10 Feb 2010
Homeloans share price continues to surge as speculation mounts that 40 per cent of the non bank lender will be bought...
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Fraudulent broker jailed
by Staff Reporter • 10 Feb 2010
A former NSW mortgage broker and property developer has been jailed for two years and three months after pleading...
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Second tier lender matches majors
by Staff Reporter • 10 Feb 2010
ING Direct has been named as a finalist in the Mortgage and Finance Association of Australia’s (MFAA) Lender of the...
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Stargate upgrades broker platform
by Staff Reporter • 10 Feb 2010
Stargate has announced it will partner with Microsoft to deliver an updated business technology platform to its 2,000...
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Mortgage EZY unveils third revenue stream
by Staff Reporter • 9 Feb 2010
Non-bank lender Mortgage EZY has developed a unique program, KICK Lending, that gives its broker business partners the...
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Govt warns against further rate hikes
by Staff Reporter • 9 Feb 2010
Treasurer Wayne Swan has taken a pre-emptive shot at lenders, telling Parliament yesterday that the removal of the...
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Collins gives investors leg up
by Staff Reporter • 9 Feb 2010
In a bid to increase its market share, non-bank lender Collins Securities has launched a non-genuine savings product...
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Brokers fear overregulation
by Staff Reporter • 9 Feb 2010
Mounting overhead costs and burdensome disclosure requirements are just two issues brokers are concerned about when...
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Hemisphere takes flight
by Staff Reporter • 8 Feb 2010
RESIMAC has today officially launched its new retail lending business, Hemisphere Financial Services.
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Home loan demand stumbles
by Staff Reporter • 8 Feb 2010
Demand for home loans dived in January as the effect of three consecutive interest rates took its toll on Australians...
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Firstfolio to acquire third target
by Staff Reporter • 8 Feb 2010
In a bid to become one of Australia’s leading non-bank mortgage managers, Firstfolio has made an off-market takeover...
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Auction results start year with a bang
by Staff Reporter • 8 Feb 2010
Despite three interest rate hikes last year and the threat of more this year, the real estate market has remained...
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Government shocks industry, withdraws guarantee
by Staff Reporter • 8 Feb 2010
In another sign that the economy is well on the road to recovery, the federal government has announced it will end its...
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