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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
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MFAA debate to tackle key issues
by Staff Reporter • 20 May 2009
A panel debate including key industry figures and stakeholders will take centre stage at this year’s MFAA... READ MORE
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Housing shortage to benefit Sydney landlords
by Staff Reporter • 20 May 2009
Investors in Sydney’s metropolitan market can expect strong rental yields as the population continues to grow... READ MORE
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Variable rates still most popular
by Staff Reporter • 20 May 2009
Borrowers are confident home loan rates will remain low for some time with variable rate demand continuing to track at... READ MORE
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RBA predicts economic recovery to kick start by Christmas
by Staff Reporter • 20 May 2009
Green shoots are emerging in the domestic economy and recovery should be underway by the end of the year, according to... READ MORE
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ASIC announces new dispute resolution schemes
by Staff Reporter • 19 May 2009
ASIC has revealed improved consumer access to dispute resolution schemes in order to resolve disagreements more... READ MORE
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Decline in commercial construction activity predicted
by Staff Reporter • 19 May 2009
Commercial construction and engineering activity are set to slow down in 2009 and 2010 but government infrastructure... READ MORE
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IMF casts doubt over domestic growth forecast
by Staff Reporter • 19 May 2009
The International Monetary Fund (IMF) has forecast a slow recovery for Australia, prompting speculation that the... READ MORE
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Originator to give brokers flexibility on how commissions are paid
by Staff Reporter • 19 May 2009
National Finance Club has relaunched its product suite and introduced a remuneration structure that offers brokers a... READ MORE
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St George pulls personal loans
by Staff Reporter • 19 May 2009
St George Bank has withdrawn its personal loans from the broker channel as part of a recent review of its intermediary... READ MORE