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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
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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
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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
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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
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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
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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
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Google eyes aggregation
by Staff Reporter • 28 Aug 2009
There is growing speculation that Google may soon enter the aggregation sphere. READ MORE
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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
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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
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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
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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
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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 cent. READ MORE
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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
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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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FHOG inflates property market: MFAA
by Staff Reporter • 27 Aug 2009
Almost one in five Australians believe the government’s First Home Owners Grant has been counter-productive and... READ MORE
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US house prices register growth but still 30pc down on 2006 high
by Staff Reporter • 27 Aug 2009
US house prices increased by 2.9 per cent in June, registering the second consecutive month of growth, the Standard and... READ MORE
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Greater soon to disclose RMBS details
by Staff Reporter • 27 Aug 2009
The Greater Building Society is expected to disclose the details of its residential mortgage backed security (RMBS)... READ MORE
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No competition for banks: Pascoe
by Staff Reporter • 26 Aug 2009
Finance journalist Michael Pascoe has launched a scathing attack on the ACCC for not promoting competition in the... READ MORE
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Govt set to introduce new bankruptcy laws
by Staff Reporter • 26 Aug 2009
The federal government has unveiled changes to \bankruptcy laws for householders suffering mortgage stress. READ MORE
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US broker defrauds lenders of $1.7mill
by Staff Reporter • 26 Aug 2009
In the largest case of mortgage fraud ever to be recorded in the State of Alaska, eight people will serve time in jail... READ MORE
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Suncorp profits fall 37 pc
by Staff Reporter • 26 Aug 2009
Suncorp has frozen its director’s fees after posting a 37 per cent drop in net profit after tax. READ MORE
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Americans default rather than make good
by Staff Reporter • 26 Aug 2009
American borrowers are choosing to default on their loans rather than make good on their missed repayments. READ MORE
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Scarce credit affects dwelling developments
by Staff Reporter • 26 Aug 2009
Risk-averse banks and lenders demanding higher pre-commitment sales in order to provide finance are causing the housing... READ MORE
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Repossession and mortgage default cases fall
by Staff Reporter • 25 Aug 2009
The number of house repossessions between January and July 2009 has fallen 30 per cent compared with the same period... READ MORE
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Challenger outlook positive despite net loss
by Staff Reporter • 25 Aug 2009
Following the sale of its mortgage operations to National Australia Bank early last week, Challenger Financial Services... READ MORE