Economy

CEO banned until 2017
11 March 2015
mortgagebusiness

The man behind a collapsed financial services group that offered mortgage broking and property investment advice has been banned by the corporate regulator from providing financial services ...

New group to pay up to 75bps for SME leads
10 March 2015
mortgagebusiness

A new online lending platform has revealed plans to pay mortgage brokers up to 75 basis points for helping the group target growing SMEs that can no longer receive funding from the majors.

Barney Frank still concerned about US mortgage market
10 March 2015
mortgagebusiness

Former US senator Barney Frank has raised concerns over the “continuing insufficient alignment of interest” within the US residential mortgage market.

Mutuals to drive growth in challenged economy
10 March 2015
mortgagebusiness

Co-operatives and mutuals are expected to drive competitiveness and productivity as the Australian economy enters uncharted waters.

Growing mortgage group signs Queensland broker
9 March 2015
mortgagebusiness

Mortgage broker Australian Property Finance has added a Queensland-based loan writer to its fold.

M&A activity to boom in 2015
9 March 2015
mortgagebusiness

The Australian market is primed for a strong year of M&A activity, according to a new report.

FHBs ‘copping a bashing’, says Symond
9 March 2015
mortgagebusiness

Aussie founder John Symond has spoken out again about the dire situation of Australian first home buyers who he says are being forced out of home ownership.

RBA singles out housing to drive economy
9 March 2015
mortgagebusiness

The Reserve Bank of Australia has flagged the “substantial lift” in housing construction as evidence that monetary policy in Australia is still working to help support the national economy

Baldwin slams Grattan Institute over negative gearing claims
6 March 2015
mortgagebusiness

RE/MAX WA managing director Geoff Baldwin has issued a strong response to the 2013 report by the Grattan Institute after it was revisited yesterday following news of Australia’s housing ...

New banking model celebrates milestone
6 March 2015
mortgagebusiness

Bendigo and Adelaide Bank plans to pass on its third-party lending experience after forming a partnership with four credit unions.