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Breaking News
Standard & Poor’s to quit retail market
by Staff Reporter • 26 Nov 2009
Standard & Poor’s (S&P) will quit Australia’s retail market following ASIC’s decision to strengthen oversight of...
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Mortgage Choice volumes swing from majors
by Staff Reporter • 26 Nov 2009
Greater lender competition is essential to ensure borrowers get a fair deal, according to Mortgage Choice CEO Michael...
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Bankwest loan impairments down
by Staff Reporter • 26 Nov 2009
Bankwest has showed an improvement in bad loans for the September quarter, with past-due loans for more than 90 days...
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Honeymoon rates could bite recent first home buyers
by Staff Reporter • 26 Nov 2009
First home buyers that chose low introductory rates will feel the pressure of rate rises, Loan Market Group’s chief...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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.
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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.
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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...
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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...
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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,...
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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).
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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.
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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...
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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...
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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.
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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.
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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...
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