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Economy

YBR loan receives five-star rating

Yellow Brick Road’s Empower Variable loan has been awarded a five-star rating by industry researcher CANSTAR.

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Harrods Bank to target UK brokers

The banking arm of London’s luxury department store will soon offer tailored mortgages to high net-worth individuals through an exclusive third-party channel.

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YBR to buy mortgage manager

Wealth management group Yellow Brick Road is in the final stages of acquiring a mortgage manager and hopes to have another acquisition complete by 30 June.

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US mortgage originations remain weak

Mortgage originations remain weak in the United States despite an upward trend in aggregate debt, according to Standard Life.

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MFAA disciplinary rules re-authorised by ACCC

The Australian Competition and Consumer Commission (ACCC) has re-authorised the MFAA’s disciplinary rules until June 2019.

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Investment loans dominate market

Investment property loans have grown by 37 per cent in four years while owner occupied loans grew by 4 per cent in the same period, according to Roy Morgan Research.

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Chinese website in lead agreement with Australian bank

Chinese non-residents buying property in Australia are being directed to a local lender through a lead generation deal between the bank and a mainland property website.

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YBR buys Vow for $17.6 million

Yellow Brick Road yesterday announced that it has received irrevocable acceptances from all 24 shareholders in Vow Financial.

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Hong Kong mortgage approvals up 24pc

Hong Kong mortgage approvals increased by 23.7 per cent in March to HK$19.3 billion (AU$2.7 billion), according to the Hong Kong Monetary Authority.

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Naylor steps down from MFAA

The board of the Mortgage & Finance Association of Australia (MFAA) today announced that Phil Naylor has advised that he will finish his role as chief executive officer of the ...

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