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ASIC email a hoax
by Staff Reporter • 18 May 2009
Brokers across the industry have received a hoax email claiming to be from ASIC targeting Choice Aggregation Services... READ MORE
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Australians ill-equipped for rising unemployment, unexpected costs
by Staff Reporter • 18 May 2009
As the threat of unemployment intensifies a Bankwest survey has found almost one in three Australians have no savings... READ MORE
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UK lenders engage borrowers to help stem repossessions
by Staff Reporter • 18 May 2009
Home repossessions continue to rise in the UK but increasing assistance from lenders is expected to result in a better... READ MORE
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Quality to be recognised in top brokerage ranking
by Staff Reporter • 18 May 2009
Australia’s top performing brokerages will be revealed in a ground breaking new Mortgage Business ranking later this... READ MORE
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Genuine savings quickly becoming the norm
by Staff Reporter • 18 May 2009
The requirement for borrowers to show genuine savings to secure a home loan is fast becoming industry standard. READ MORE
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Majority of brokers now diversified beyond home loans
by Staff Reporter • 15 May 2009
Changing market conditions have pushed diversification into the main with 93 per cent of brokers now offering more... READ MORE
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US recession over as soon as August
by Staff Reporter • 15 May 2009
If economic predictions are correct the United States’ recession should be over in a matter of months, according... READ MORE
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Large deposit requirements keep first home buyers out: UK
by Staff Reporter • 15 May 2009
Mortgage market activity improved strongly in the United Kingdom in March as borrowers took advantage of the lowest... READ MORE
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Premium property markets shrink as economic conditions bite
by Staff Reporter • 15 May 2009
New research released yesterday has confirmed the top end of Australia’s property market has been hit hard by... READ MORE
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Strong improvement in commercial lending volumes
by Staff Reporter • 15 May 2009
Commercial finance activity surged in March to $30.498 billion, ABS data showed yesterday, providing an encouraging... READ MORE
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Balance sheet funds drive non-bank "renaissance"
by Staff Reporter • 14 May 2009
Despite an overall decline in the non-bank sector’s market share over the last 18 months, the originator and... READ MORE
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Indication of lending policies relaxing in UK
by Staff Reporter • 14 May 2009
The UK’s second largest lender Abbey has relaxed its lending criteria in what is a major boost to the... READ MORE
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Recovery still some way off for England
by Staff Reporter • 14 May 2009
The Bank of England (BOE) has sharply cut its growth forecasts for the United Kingdom and warned the road to recovery... READ MORE
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US foreclosures hit new high
by Staff Reporter • 14 May 2009
One in every 159 US borrowers received a foreclosure filing during the first quarter as default notices and bank... READ MORE
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Grant extension good but not enough
by Staff Reporter • 14 May 2009
While the industry is largely relieved that the First Home Owners Grant has been extended some have claimed it’s... READ MORE
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CBA warns of rising bad debts
by Staff Reporter • 14 May 2009
The Commonwealth Bank has revealed expectations of rising bad debts and impairment charges, in line with similar... READ MORE
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Grant extension meets brokers' approval
by Staff Reporter • 13 May 2009
The decision by the federal government to extend the inflated first home owner grant is the right move according to the... READ MORE
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Securitisation sector to lobby for more support
by Staff Reporter • 13 May 2009
A new chief lobbyist for the Australian Securitisation Forum (ASF) has called for greater government support of... READ MORE
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New industry alliance a boost for loan servicing
by Staff Reporter • 13 May 2009
Mortgage Settlements Australia (MSA) has announced a strategic new alliance with BNY Mellon Australia – a... READ MORE
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Swan spends big to steer economy through recession
by Staff Reporter • 13 May 2009
The federal government last night handed down a $47 billion budget which will bring the current accounts into a record... READ MORE
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Federal budget backs first home buyers
by Staff Reporter • 13 May 2009
After months of speculation the mortgage industry has been buoyed by the news last night that an extension of the... READ MORE
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No halt on insurance payouts: Genworth
by Staff Reporter • 12 May 2009
Reports that a higher level of lenders’ insurance claims have been rejected were dismissed today by mortgage... READ MORE
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Don't fix rates yet: brokers
by Staff Reporter • 12 May 2009
Despite the cash rate nearing the bottom of its cycle the majority of brokers still think that fixed rates have further... READ MORE
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Leading central banker says global economy past the worst
by Staff Reporter • 12 May 2009
European Central Bank head Jean-Claude Trichet believes global economic activity may have reached a turning point and... READ MORE
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Encouraging business conditions to curb rate falls
by Staff Reporter • 12 May 2009
The RBA is unlikely to move on interest rates any time soon and the bottom of its interest rate cycle could be higher... READ MORE