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APRA figures support lending crackdown

Fresh data from the prudential regulator points to strong and accelerating growth in investor and interest-only lending.

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WA bank defies slow market, boosts lending growth

Strong growth in lending activity has delivered a 14 per cent rise in net interest income for a WA-based boutique lender.

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Sydney and Melbourne among global commercial ‘hotspots’

In spite of government attempts to improve enforcement of foreign investment rules, a new report sees Sydney and Melbourne cement their status as global cities, with commercial property in ...

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ASIC probe finds lending standards fall short

A report by the corporate regulator released today has found lenders have been falling short of their responsible lending obligations in the provision of interest-only loans.

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CEO says lending curbs will rescue run-off

The boss of a national mortgage group expects APRA’s lending curbs to extend loan life as the industry faces increased run-off with continued refinancing activity.

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SAI Global to expand services following NAB Broker deal

Risk management firm SAI Global is eyeing opportunities in the property and financial services space after signing a deal with NAB Broker.

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ANZ chief singles out strong mortgage performance

ANZ’s Mike Smith has highlighted the major bank’s mortgage success in the nine months to 30 June.

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Westpac needs to raise $3 billion in capital: Morningstar

Morningstar estimates that Westpac needs to raise about $3 billion in capital before 1 July 2016 to boost its CET1 ratio closer to the ‘new normal’ of 10 per cent.

mortgagebusiness
NAB Broker inks new settlements deal

An ASX-listed company has entered into a contract with NAB Broker to provide national mortgage settlement services.

mortgagebusiness
Aaa rating reflects CBA’s credit strength: Moody’s

Moody’s Investors Service has assigned an Aaa long-term credit rating for a series of CBA’s mortgage-covered bonds.

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