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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
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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
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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
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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. READ MORE
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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
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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
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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
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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
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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
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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. READ MORE
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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 revealed. READ MORE
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Funding boost for Resimac
by Staff Reporter • 22 May 2009
Non-bank lender Resimac has successfully priced a $550 million RMBS transaction. READ MORE
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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
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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. READ MORE
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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. READ MORE
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Mortgage Business circulation jumps 55pc
by Staff Reporter • 21 May 2009
Mortgage Business has marked the start of its third year of publishing with magazine circulation growth of over 55 per... READ MORE
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Aussie fears brand tarnish from NRL sponsorship
by Staff Reporter • 21 May 2009
A string of NRL scandals has prompted Aussie Home Loans to question its sponsorship of the NSW State of Origin team... READ MORE
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Government urged to facilitate better market competition
by Staff Reporter • 21 May 2009
Building societies and credit unions have urged the federal government to act to preserve competition in the banking... READ MORE
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Consumer sentiment rocked by government deficit
by Staff Reporter • 21 May 2009
Consumer sentiment took a slide this month off the back of the release of the federal budget and the projected budget... READ MORE
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Financial planning association committed to fee-for-service transition
by Staff Reporter • 21 May 2009
A transition from commission-based remuneration towards a fee-based system is fundamental to a more reputable industry... READ MORE
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Fed makes gloomy forecasts for US
by Staff Reporter • 21 May 2009
The US Federal Reserve (Fed) has projected a worse than expected downturn for the flailing US economy and downgraded... READ MORE
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More rate cuts to come
by Staff Reporter • 21 May 2009
The prospect of further RBA rate cuts has increased off the back of the federal government’s ballooning deficit... READ MORE
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Banks warned to limit lending
by Staff Reporter • 21 May 2009
Borrowers could face higher borrowing costs as the big banks’ high proportion of loans to deposits puts their... READ MORE
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UK brokers say insurance products best for diversification
by Staff Reporter • 20 May 2009
Brokers in the United Kingdom are turning to diversification to bolster their incomes, and like their Australian... READ MORE
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Brokers unconvinced by federal budget
by Staff Reporter • 20 May 2009
The federal budget has failed to impress the majority of brokers according to the latest Mortgage Business weekly... READ MORE