Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Broker in court over string of fraud, deception charges

by Staff Reporter • 27 May 2009

Former broker and property developer Samuel David Saunders has pleaded not guilty to seven charges brought by ASIC in...READ MORE

New tool offers instant property market updates

by Staff Reporter • 26 May 2009

Colliers International, in conjunction with News Digital, has launched an innovative new tool giving users access to... READ MORE

Futures traders tip cash rate to rise

by Staff Reporter • 26 May 2009

Interest rates could be on their way up in just 12 months according to local futures markets.

New FHB product unveiled to secure higher LVR loans

by Staff Reporter • 26 May 2009

One of the UK’s largest mortgage lenders has launched an innovative new product to enable first home buyers to... READ MORE

RAMS improves turnaround times

by Staff Reporter • 26 May 2009

RAMS Home Loans has regained some control over its servicing levels and predicts turnaround time frames to return to... READ MORE

Sharpest GDP fall ever recorded in Q1: OECD

by Staff Reporter • 26 May 2009

GDP in OECD (Organisation for Economic Cooperation and Development) countries recorded its sharpest contraction on... READ MORE

AFG founders fail to buy back outright control

by Staff Reporter • 25 May 2009

The founders of aggregation group AFG have failed to regain control of their company with minority shareholders... READ MORE

Auction clearance rate down

by Staff Reporter • 25 May 2009

The auction clearance rate dropped across four states on Saturday, Australian Property Monitors has revealed.

Unemployment concerns to stifle home buying activity

by Staff Reporter • 25 May 2009

Nearly a third of Australians will put their home buying plans on hold because of fears of unemployment, a... READ MORE

Investor activity tipped for Melbourne

by Staff Reporter • 25 May 2009

Strong market conditions are expected to entice investors into inner Melbourne’s apartment market towards the... READ MORE

Fears grow of FHB fuelled property bubble

by Staff Reporter • 25 May 2009

A swell in first home buyer loan sizes has affirmed concerns that first home buyer incentives were inflating property... READ MORE

Mortgage lending dominated by just two banks

by Staff Reporter • 25 May 2009

A new report has highlighted the stranglehold the big banks have over the domestic mortgage market, with the bulk of... READ MORE

Strong volumes push LJ Hooker recruitment drive

by Staff Reporter • 22 May 2009

LJ Hooker Financial Services’ expansion plans are on track with the franchise recording strong recruitment... READ MORE

Residential properties face heavy discounts

by Staff Reporter • 22 May 2009

Home owners wanting to sell are being forced to discount heavily in the face of weak buyer demand.

Mortgage fraud under FBI spotlight

by Staff Reporter • 22 May 2009

FBI investigations into mortgage fraud have tripled in the past three years, the director of the FBI has... READ MORE

Funding boost for Resimac

by Staff Reporter • 22 May 2009

Non-bank lender Resimac has successfully priced a $550 million RMBS transaction.

Positive signs for credit markets as NAB ditches guarantee

by Staff Reporter • 22 May 2009

In an encouraging sign that credit market conditions are improving NAB has become the first big bank to sell bonds... READ MORE

Banks in hot water over billion dollar fees

by Staff Reporter • 22 May 2009

Australia’s biggest banks have come under fire for charging consumers with over $11 billion in fees.

Fraudulent broker chooses cliff jump over jail

by Staff Reporter • 22 May 2009

A fraudulent mortgage broker has driven his car off a cliff on the day he was due to be sentenced to jail.