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First quarter slide for housing markets

by • 26 May 2008
House prices softened considerably during the first quarter of the year, data released by the Real Estate Institute of...READ MORE

GMAC-RFC confirms $302 million non-conforming RMBS

by • 24 May 2008
GMAC-RFC confirmed today that it successfully placed a $302.8 million non-conforming RMBS issue, following a refusal... READ MORE

US home prices fall significantly in Q1

by • 24 May 2008
US home prices suffered the largest quarterly decline in record in the first quarter of 2008, according to the Office... READ MORE

Budget fails to ease consumers? inflationary expectations

by • 23 May 2008
The Federal Government’s budget has offered little hope to consumers to combat inflation, according to the... READ MORE

Borrowers apprehensive about refinancing

by • 22 May 2008
Many Australian homebuyers want to refinance their home loans but a high level of apathy could be holding them back,... READ MORE

Suncorp securitises $2.6 billion of home loans

by • 22 May 2008

Suncorp securitised $2.6 billion in residential mortgages last Thursday, 15 May.

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Banks benefit as businesses seek local financing

by • 22 May 2008
With international funding markets still dry, Australian businesses are increasingly looking to local banks to finance... READ MORE

Affordability worsens for first home buyers

by • 22 May 2008
The HIA-CBA First Home Buyer Affordability Index fell during the first quarter this year by 3.5 per cent – 10... READ MORE

GMAC prices $300 million RMBS

by • 22 May 2008

GMAC-RFC reportedly priced a RMBS deal yesterday worth $300 million.

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Mortgage delinquencies to increase: Fitch

by • 21 May 2008
Mortgage delinquencies rose in the first quarter of 2008 and are expected to increase further as the impact of... READ MORE

RHG to move back RMBS call dates

by • 21 May 2008
RHG Ltd (previously RAMS Home Loans Group) has proposed a change to upcoming call dates on some of its outstanding... READ MORE

Seiza pulls back on funding

by • 21 May 2008
Tough capital market conditions have forced Seiza Capital to reduce funding for some products, including low-doc... READ MORE

CBA announces new commissions structure

by • 21 May 2008
The Commonwealth Bank of Australia (CBA) this afternoon revealed changes to broker remunerations after weeks of... READ MORE

Borrowers escaped rate rise by skin of their teeth in May

by • 21 May 2008
Borrowers were close to being hit with another interest rate hike this month, according to the minutes of the RBA May... READ MORE

Connective director says time to step back

by • 20 May 2008
Sof Tsialtas has stepped down as director of aggregation group Connective, but said he would continue to have an... READ MORE

UCU and mecu to merge

by • 20 May 2008
Victorian-based credit union mecu today announced plans to merge with Queensland’s Uni Credit Union (UCU) in a... READ MORE

Macquarie delivers record net profit

by • 20 May 2008
Macquarie Group delivered a record net profit today of $1.8 billion after tax for the year ending 31 March 2008... READ MORE

US housing starts experience April recovery

by • 20 May 2008
Housing starts in the US rose more than expected during April to reach a seasonally-adjusted 1,032,000, the US... READ MORE

Aggregation groups braced for consolidation

by • 20 May 2008
The aggregation sector is geared for consolidation as sweeping changes to broker remuneration and cost pressures... READ MORE

Four capital cities report negative growth in April

by • 19 May 2008
Four of the country’s capital city housing markets experienced negative growth in April, Residex revealed on... READ MORE

Residential property listings up 74 per cent

by • 19 May 2008
The number of houses listed for sale surged over the last twelve months in a sign that more Australians are feeling... READ MORE

Citibank reopens frozen credit markets

by • 16 May 2008
Citibank confirmed today that it had reopened Australian securitisation markets with a $500 million Class A note RMBS... READ MORE

Budget may slow investor activity

by • 16 May 2008
Tax cuts announced in the Federal budget this week could slow investor activity and worsen the plight for renters, RP... READ MORE

Upward swing to UK inflation

by • 15 May 2008
The rate of inflation rose in the UK in April to three per cent – the highest rate in five years and well above... READ MORE

Freddie Mac losses ?an improvement?

by • 15 May 2008
US government-sponsored Freddie Mac reported a net loss of $151 million for the first quarter of 2008 overnight... READ MORE

RMBS arrears rise, further losses expected

by • 15 May 2008
Arrears on prime residential mortgages rose in January this year to 1.24 per cent from 1.09 per cent in December 2007,... READ MORE

Significant reduction to Virgin Money mortgage origination

by • 15 May 2008
Increased funding costs and a reduction in available credit saw Virgin Money scale back on residential mortgage... READ MORE

Budget won?t rid economy of inflationary pressures

by • 14 May 2008
The Rudd Government’s budget delivered overnight is not expected to completely dampen inflationary pressures in... READ MORE

Budget brings First Home Savers Accounts to life

by • 14 May 2008

The Federal budget delivered last night included several measures to combat housing affordability.

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HSBC satisfied with Q1 results

by • 13 May 2008

HSBC has announced it made a strong start to the year despite turbulence in global financial markets.

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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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