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RAMS withdraws accreditations with low volume brokerages

by Staff Reporter • 21 Aug 2009
As part of a drive to improve its servicing levels RAMS will cease to deal with low volume brokerages. READ MORE
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UK turns corner on recession path

by Staff Reporter • 21 Aug 2009
There are signs of recovery in the UK housing market with July mortgage approvals for the six biggest banks increasing... READ MORE
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Australia to lead world on rate rises

by Staff Reporter • 21 Aug 2009
The Reserve Bank of Australia (RBA) is currently heading up a shortlist of central banks across the world that could... READ MORE
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US mortgage arrears reach record highs

by Staff Reporter • 21 Aug 2009
Mortgage arrears in the United States rose to 9.24 per cent in the last quarter, the highest rate recorded in more than... READ MORE
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US upbeat about recovery

by Staff Reporter • 20 Aug 2009
Economists are becomingly increasingly positive that the US lending market is about to turn a corner on the path to... READ MORE
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Rising rates no threat to brokers

by Staff Reporter • 20 Aug 2009
While the prospect of rising interest rates is of concern to consumers, brokers are confident that a change in the rate... READ MORE
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Return of securitisation to erode big bank market share

by Staff Reporter • 20 Aug 2009
The Reserve Bank of Australia’s assistant governor Malcolm Edey has said the substantial market share held by the... READ MORE
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BoQ to build lending book

by Staff Reporter • 20 Aug 2009
The Bank of Queensland (BoQ) will use its $340 million capital raising to build its residential and small business... READ MORE
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Suncorp prices RMBS

by Staff Reporter • 19 Aug 2009
Suncorp-Metway has released its initial pricing on the $1.2 billion offer of prime residential mortgage backed... READ MORE
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Funding boost considered for non-banks

by Staff Reporter • 19 Aug 2009
The federal government looks likely to initiate another round of RMBS funding support to promote competition in the... READ MORE
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Rates likely to rise

by Staff Reporter • 19 Aug 2009
The Reserve Bank of Australia (RBA) has warned that interest rates may increase because inflation is not falling as... READ MORE
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United states extends mortgage aid

by Staff Reporter • 19 Aug 2009
United States federal government has decided to extend its mortgage aid despite improving consumer sentiment, the... READ MORE
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NAB to rebrand Challenger Mortgage Management

by Staff Reporter • 19 Aug 2009
Challenger’s mortgage management business will be renamed in the coming weeks after National Australia Bank agreed to... READ MORE
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NAB swoops for Challenger Mortgage Management

by Staff Reporter • 18 Aug 2009
National Australia Bank (NAB) has this morning announced an agreement to purchase the mortgage management business of... READ MORE
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Banks urge govt. for farer fees

by Staff Reporter • 18 Aug 2009
Banks are urging the federal government to change their deposit guarantee scheme in a bid to reintroduce competition to... READ MORE
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Connective launch WA operation

by Staff Reporter • 18 Aug 2009
Connective will tomorrow launch its aggregation model into Western Australia. READ MORE
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St George simplifies broker commissions

by Staff Reporter • 18 Aug 2009
St George has announced a simplified broker commission structure that aims to provide brokers with less variability and... READ MORE
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Pepper ramps up lending

by Staff Reporter • 17 Aug 2009
Pepper Home Loans has beefed up its funding capabilities and is set to re-engage the mortgage broking industry with a... READ MORE
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Housing bubble will force RBA to raise rate

by Staff Reporter • 17 Aug 2009
The Reserve Bank of Australia (RBA) governor Glenn Stevens has said he will not hesitate to raise interest rates if he... READ MORE
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Housing recovery imminent

by Staff Reporter • 17 Aug 2009
The property markets are seemingly poised for an imminent recovery, according to Mortgage Business’ latest straw poll. READ MORE
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CBRE extends mortgage valuations reach

by Staff Reporter • 17 Aug 2009
CB Richard Ellis (CBRE) has extended its Residential Mortgage Valuations business to Victoria. READ MORE
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No rate rise in 09: AMP

by Staff Reporter • 17 Aug 2009
While the Reserve Bank of Australia refuses to be drawn on exactly if and when interest rates will rise, AMP... READ MORE
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Clearance rates continue upward trend

by Staff Reporter • 17 Aug 2009
Auction clearance rates were up in almost every capital city this weekend, according to Australian Property Monitors... READ MORE
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Governor quiet on potential rate moves

by Staff Reporter • 14 Aug 2009
The Reserve Bank of Australia governor Glenn Stevens would not be drawn into comment concerning a potential shift in... READ MORE
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House price increase pushes inflation up

by Staff Reporter • 14 Aug 2009
Rising house prices and a lower than expected unemployment rate has caused the median inflation rate to rise 0.3... READ MORE