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Credit crunch starting to affect UK small companies
by Staff Reporter • 27 Nov 2007
UK entrepreneurs and smaller business owners are starting to feel the squeeze of tighter credit, though the impact... READ MORE
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Education essential to reverse mortgage sector?s expansion
by Staff Reporter • 27 Nov 2007
Reverse mortgage lenders fear the consequences of a future media beat-up as consumers are slow to grasp the finer... READ MORE
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Securitisers? assets fall for first time in 12 years
by Staff Reporter • 26 Nov 2007
The total assets of Australian securitisers at the end of the September quarter were $272.4 billion – down 0.6... READ MORE
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Newcastle broker sentenced for lo doc fraud
by Staff Reporter • 26 Nov 2007
Mark Shalimov, director of investment company Future Management Group Limited (FMG), was convicted by the Sydney... READ MORE
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Housing affordability at record lows, set to worsen
by Staff Reporter • 24 Nov 2007
Home loan affordability plunged 2.2 per cent over the September quarter and 8.1 per cent over the year. READ MORE
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US mortgage applications drop 3.6 per cent
by Staff Reporter • 23 Nov 2007
US mortgage applications plunged last week according to the Mortgage Bankers Association’s (MBA) weekly mortgage... READ MORE
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CUA withdraws variable interest loans from broker network
by Staff Reporter • 23 Nov 2007
Australia’s largest credit union, Credit Union Australia (CUA), has become the latest victim of the global... READ MORE
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Wide Bay a step closer to netting Mackay
by Staff Reporter • 23 Nov 2007
Wide Bay Australia today announced that it has received an overwhelming response to its takeover offer for Mackay... READ MORE
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Brisbane office rents now more expensive than Sydney
by Staff Reporter • 23 Nov 2007
Brisbane has stolen Sydney’s mantle as the most expensive office market in the country, according to the latest... READ MORE
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Borrowers unaware of reverse mortgage pitfalls
by Staff Reporter • 22 Nov 2007
The majority of borrowers that have taken out a reverse mortgage were not fully informed about the conditions of their... READ MORE
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RAMS directors confirm support for Westpac deal
by Staff Reporter • 21 Nov 2007
RAMS Home Loans’ directors confirmed yesterday in a statement to the ASX their unanimous recommendation that... READ MORE
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BoQ walks away from Mackay bid
by Staff Reporter • 21 Nov 2007
The Bank of Queensland (BoQ) withdrew its $53.2 million takeover bid for Mackay Permanent Building Society (MPBS)... READ MORE
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US homebuilder confidence at 22-year low
by Staff Reporter • 20 Nov 2007
US homebuilder confidence for new single-family homes remains at a record low this month due to continuing mortgage... READ MORE
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BoQ bid stands
by Staff Reporter • 20 Nov 2007
The Bank of Queensland (BoQ) has announced it does not intend to increase its $53.2 million offer for Mackay Permanent... READ MORE
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Boom times for private lenders
by Staff Reporter • 19 Nov 2007
Securitised lenders may have been starved of funds since the July US sub-prime collapse but Australia’s private... READ MORE
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Mackay backs Wide Bay bid
by Staff Reporter • 19 Nov 2007
Mackay Permanent Building Society’s (MPBS) board of directors have backed Wide Bay’s latest takeover... READ MORE
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UK commercial property market slumps
by Staff Reporter • 19 Nov 2007
Confidence in the UK commercial property market has hit a four year low, with the global credit crunch listed as one... READ MORE
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Westpac begins funding new RAMS loans
by Staff Reporter • 17 Nov 2007
Westpac today announced that it had completed funding arrangements for RAMS Home Loans up to $500 million. READ MORE
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Victoria switches on world?s first online conveyancing system
by Staff Reporter • 16 Nov 2007
The Victorian government launched the world’s first electronic conveyancing (EC) system today. READ MORE
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Research supports calls to broaden credit reporting regime
by Staff Reporter • 16 Nov 2007
Research released by Veda Advantage yesterday found that 1.9 million Australians with good credit histories have been... READ MORE
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A step closer to Home
by Staff Reporter • 16 Nov 2007
The Federal Treasurer today approved the Bank of Queensland’s (BoQ) proposed $600 million takeover of... READ MORE
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Wide Bay ups stakes to net Mackay Permanent
by Staff Reporter • 15 Nov 2007
Building society Wide Bay Australia has increased its bid for Mackay Permanent Building Society (MPBS) in a move to... READ MORE
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FirstMac and La Trobe join Mortgage Choice panel
by Staff Reporter • 14 Nov 2007
Mortgage Choice has added La Trobe Financial Services and FirstMac to its lender panel. READ MORE
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Adelaide Bank shareholders put support behind Bendigo merger
by Staff Reporter • 13 Nov 2007
Adelaide Bank’s ordinary shareholders have approved the union with Bendigo Bank. READ MORE
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September ABS figures highlight market volatility says Bouris
by Staff Reporter • 12 Nov 2007
The non-bank lending sector experienced a significant drop in new business in September. READ MORE