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FirstMac, ME score government RMBS injection
by Staff Reporter • 30 Oct 2008
FirstMac and Members Equity are the first lenders to benefit from the government’s $8 billion RMBS scheme. READ MORE
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Mainstream media ignorance blamed for bad broker press
by Staff Reporter • 29 Oct 2008
Mortgage brokers and non-bank lenders have attracted more than their fair share of unwanted media coverage over the... READ MORE
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New name for PMI as acquisition finalised
by Staff Reporter • 29 Oct 2008
Mortgage insurer PMI Australia today announced that it has changed its name to QBE Lenders’ Mortgage Insurance... READ MORE
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St George profit up
by Staff Reporter • 29 Oct 2008
St George today announced a net profit of $1.174 billion for the year to September 2008, a 0.9 per cent rise from... READ MORE
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Businesses appetite for debt wanes
by Staff Reporter • 29 Oct 2008
Business credit applications sank in the first three months of the financial year, a six per cent drop compared to the... READ MORE
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Q3 business conditions slump
by Staff Reporter • 29 Oct 2008
Business conditions suffered one of the biggest falls in the past 20 years in the September quarter, NAB’s... READ MORE
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Firstfolio introduces New-Loan SMSF product
by Staff Reporter • 29 Oct 2008
Firstfolio, via its mortgage management arm New-Loan, has launched an investment product for self managed super funds. READ MORE
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More to mortgage industry than GE Money
by Staff Reporter • 28 Oct 2008
The dust has started to settle after the shock announcement that GE Money would no longer distribute its funds via the... READ MORE
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Mortgage fund freezes continue
by Staff Reporter • 28 Oct 2008
Colonial First State, one of the country’s largest fund managers, yesterday joined the growing ranks of fund... READ MORE
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US home sales pick up
by Staff Reporter • 28 Oct 2008
Existing home sales increased in the United States in September, the National Association of Realtors reported this... READ MORE
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First home buyer interest mounts
by Staff Reporter • 27 Oct 2008
The industry continues to report a surge in first home buyer interest off the back of the government’s first... READ MORE
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Mortgage rate price war heats up
by Staff Reporter • 27 Oct 2008
Lenders are continuing to slash their lending rates outside of the RBA’s monetary policy cycle with Aussie Home... READ MORE
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Guarantee scheme capped but fund managers remain excluded
by Staff Reporter • 27 Oct 2008
The government has responded to calls to put a cap on its deposit guarantee scheme but is still under pressure to... READ MORE
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Weekend auctions stumble again
by Staff Reporter • 27 Oct 2008
Auction activity stalled on the weekend despite the government’s stimulus initiatives to restore confidence in... READ MORE
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MFAA slams CHOICE broker snub
by Staff Reporter • 27 Oct 2008
The MFAA has hit back at claims by consumer group CHOICE that consumers can get a better deal on their mortgage by... READ MORE
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GE Money ends Australian origination
by Staff Reporter • 25 Oct 2008
GE Money Australia & New Zealand today announced that it will cease offering home loans through all third-party... READ MORE
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RAMS cuts rates again
by Staff Reporter • 24 Oct 2008
RAMS Home Loans today announced a further reduction to its standard variable lending rate of 20 basis points. READ MORE
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New aggregator to target small to medium broker groups
by Staff Reporter • 24 Oct 2008
RESIMAC is the latest funder to take a stake in the aggregation industry through its launch of Capel Court Financial... READ MORE
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US foreclosures up 71pc
by Staff Reporter • 24 Oct 2008
Foreclosure filings in the United States surged by 71 per cent in the September quarter compared to same quarter in... READ MORE
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China slow-down concern for Australian economy
by Staff Reporter • 24 Oct 2008
Slowing demand for commodities pose an increasing threat to the nation’s economy. READ MORE
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Treasurer gives Westpac, St George deal green light
by Staff Reporter • 24 Oct 2008
Westpac and St George’s merger has been given final approval by treasurer Wayne Swan. Mr Swan said the decision... READ MORE
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Emergency meeting as deposit scheme saga continues
by Staff Reporter • 24 Oct 2008
The heads of Australia’s four major banks met with the prime minster and treasurer in Canberra overnight to... READ MORE
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First home buyer affordability on the up
by Staff Reporter • 23 Oct 2008
First home buyer affordability improved by three per cent in the three months to September, as easing in house prices... READ MORE
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Opinion: Broker channel safe from bank withdrawal
by Staff Reporter • 23 Oct 2008
By Brendan O'Donnell, CEO Choice Aggregation Services READ MORE
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NAB Broker to deliver real-time access to client data
by Staff Reporter • 23 Oct 2008
NAB Broker today announced a range of new initiatives to support its brokers in the delivery of advice to their... READ MORE