Economy

CBA's mortgage market share surges
17 March 2016
mortgagebusiness

The Commonwealth Bank has regained a significant portion of broker-originated home loans as the majors look to win back market share.

Report shines light on cybercrime in financial services
17 March 2016
mortgagebusiness

A global telecommunications provider has released a new report that provides a first-hand look at cyber security investigations, including those involving the financial services sector.

Business conditions recover in February
16 March 2016
mortgagebusiness

Fresh figures have revealed that business conditions bounced back significantly last month.

APRA issues fresh warning to banks
15 March 2016
mortgagebusiness

The prudential regulator has warned Australian banks that inaccurate reporting of mortgage data has serious ramifications for monetary policy and financial stability.

‘Mum and dad’ investors face settlement risk
15 March 2016
mortgagebusiness

The head of a national real estate network has warned that “mums and dads” who paid deposits on multiple off-the-plan properties could be at risk if valuations fail to match prices.

Liberty’s mortgage bonds receive AAA rating
15 March 2016
mortgagebusiness

Liberty Financial has been assigned an AAA rating for three classes of its residential mortgage-backed securities (RMBS).

Land values rise further across capitals
15 March 2016
mortgagebusiness

New figures show that vacant land prices increased across every state capital city in 2015, with four experiencing double-digit growth.

CUA to launch new $23m mortgage platform
14 March 2016
mortgagebusiness

Credit Union Australia will launch a new loan origination system in 2016 following a year of record home lending.

Home loan demand plummets for owner occupiers
14 March 2016
mortgagebusiness

New figures from the Australian Bureau of Statistics show that the volume of new home loans for owner occupiers declined significantly during the first month of 2016.

Increased housing supply cooling house prices: RBA
11 March 2016
mortgagebusiness

The Reserve Bank of Australia has reaffirmed that it is continuing to monitor developments in the housing market “very closely”.