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Rate rises stunt property price growth
by Staff Reporter • 30 Apr 2008
March quarter housing figures released today by Australian Property Monitors (APM) have revealed that property markets... READ MORE
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US foreclosures up more than 100pc
by Staff Reporter • 30 Apr 2008
Foreclosure filings increased in the United States by 23 per cent in the March quarter 2008 to 649,917, online real... READ MORE
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NAB reveals alternatives to broker commission cuts
by Staff Reporter • 30 Apr 2008
National Australia Bank (NAB) has indicated it will seek alternatives to broker commission cuts. READ MORE
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St George latest to rethink broker commissions
by Staff Reporter • 30 Apr 2008
St George announced this afternoon that from 1 June 2008 it will change the way mortgage brokers earn their... READ MORE
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Uncertain outlook for building societies: Moody's
by Staff Reporter • 29 Apr 2008
The outlook for Australian building societies has been labelled "negative" by Moody’s in its... READ MORE
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New home building to lag until 2009/10
by Staff Reporter • 29 Apr 2008
The new home building cycle is unlikely to see any significant upturn until 2009/10, the Housing Institute of... READ MORE
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Second largest UK lender halves maximum loan size
by Staff Reporter • 29 Apr 2008
Dry funding markets are accelerating mortgage rationing in the UK, with Nationwide Building Society –... READ MORE
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No plans to cut broker commissions: NAB
by Staff Reporter • 28 Apr 2008
National Australia Bank (NAB) does not plan to cut third-party commissions but is instead exploring ideas of... READ MORE
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Westpac hikes variable interest rates
by Staff Reporter • 28 Apr 2008
Westpac today announced a rise of 0.10 per cent to its standard variable home lending rate, effective Friday 2 May... READ MORE
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Interest rates hammer Melbourne property market
by Staff Reporter • 28 Apr 2008
Four successive rate rises have taken their toll on Melbourne’s property market, Real Estate Institute of... READ MORE
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More commission cuts on the cards
by Staff Reporter • 28 Apr 2008
Aggregators are braced for a swathe of commission cuts however they are not expected to be as dramatic as those... READ MORE
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S&P raises ratings on Pepper?s loans
by Staff Reporter • 28 Apr 2008
Standard and Poor’s last week raised the ratings on Pepper Home Loans’ Pepper Residential Securities Trust... READ MORE
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ANZ and NAB hike rates
by Staff Reporter • 28 Apr 2008
ANZ and NAB both announced ten basis point increases to their standard variable mortgage rates over the long weekend. READ MORE
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GE reaffirms commissions guarantee
by Staff Reporter • 28 Apr 2008
GE Money Third Party Solutions (GE Money) has reaffirmed it will guarantee broker commissions on its prime mortgage... READ MORE
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Nationwide Lending secures GE Money funding accreditation
by Staff Reporter • 24 Apr 2008
Nationwide Lending has entered into a new funding partnership with GE Money Third Party Solutions (GE Money). READ MORE
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Aussie mortgage stress on the rise
by Staff Reporter • 24 Apr 2008
Around 13 per cent of Australian households are in mortgage stress according to JPMorgan’s Anatomy of Australian... READ MORE
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Fitch rates Kingfisher Trust 2008-1 AAA
by Staff Reporter • 24 Apr 2008
Fitch Ratings yesterday rated an $11.23 billion ANZ mortgage-backed issue ‘AAA’. READ MORE
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New funding, pricing for Collins Securities
by Staff Reporter • 24 Apr 2008
Collins Securities has relaunched its product range with more competitive pricing after securing a new funding... READ MORE
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CPI rises 1.3 per cent
by Staff Reporter • 23 Apr 2008
The headline consumer price index (CPI) rose 1.3 per cent in the March quarter, ABS figures revealed today. READ MORE
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AIMS suspends product ranges
by Staff Reporter • 23 Apr 2008
AIMS Home Loans (AIMS) informed brokers yesterday that it had temporarily suspended new applications for its low-doc... READ MORE
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CBA to cut broker commissions
by Staff Reporter • 23 Apr 2008
The Commonwealth Bank (CBA) today confirmed its intention to reduce third-party commissions. READ MORE
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Industry backs broker channel despite lender withdrawals
by Staff Reporter • 23 Apr 2008
Despite a number of lenders recently exiting third-party distribution major funders are not expected to follow. READ MORE
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Seven pc drop to ANZ profit
by Staff Reporter • 23 Apr 2008
Australia and New Zealand Banking Group (ANZ) today announced a profit after tax for the six months ending 31 March... READ MORE
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Bank of England liquidity scheme launched
by Staff Reporter • 22 Apr 2008
The Bank of England (BoE) yesterday released details of its Special Liquidity Scheme, which effective immediately will... READ MORE
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RBA moves again to stimulate RMBS market
by Staff Reporter • 22 Apr 2008
The RBA bought a further $780 million in RMBS yesterday to improve the flow of much-needed liquidity in the... READ MORE