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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
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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
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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
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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
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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 yesterday. READ MORE
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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. READ MORE
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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
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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
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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
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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). READ MORE
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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 Meeting. READ MORE
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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
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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
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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 claimed. READ MORE
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Mortgage Choice adds Liberty to panel

by Staff Reporter • 19 Nov 2009
Mortgage Choice has added finance provider Liberty Financial to its lender panel. READ MORE
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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
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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
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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
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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
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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
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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
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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). READ MORE
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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
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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
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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