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Finance sector leads strong business confidence in July

The latest business confidence survey by Roy Morgan Research has revealed a strong improvement during the month of July.

mortgagebusiness
Is the bank branch headed the same way as the thermal fax machine?

I often find myself walking through the Sydney CBD analysing different businesses, looking at the once great building and brands that have fallen by the wayside and the new ones that have ...

Troy Phillips, banks, real estate, Sydney CBD, mortgage broking
CBA to launch mortgage app

Commonwealth Bank of Australia is currently working on a mobile app that will track the status of a mortgage application from start to finish.

mortgagebusiness
Software giant acquires UK mortgage administrator

Australian-based Computershare has agreed to buy third-party mortgage servicing company Homeloan Management Limited (HML) from Skipton Building Society in the United Kingdom.

mortgagebusiness
Specialist loans do satisfy responsible lending requirements

Some brokers believe speciality, alternate documentation or non-conforming mortgages do not satisfy the ‘responsible lending requirements’ outlined under the National Consumer Credit ...

Darren Stratford, lending requirements, specialist loans
New product to replace ‘flawed’ reverse mortgages

Property-focused fund manager Domacom will launch a new product to the third-party channel to replace flatlining reverse mortgages.

mortgagebusiness
YBR share price steady despite acquisition

Yellow Brick Road’s share price remained steady yesterday following the group’s acquisition of mortgage manager RESI Mortgage Corporation.

mortgagebusiness
YBR acquires Resi

Yellow Brick Road today announced that it has entered into a conditional agreement to acquire mortgage manager and originator RESI Mortgage Corporation Pty Ltd.

mortgagebusiness
ING DIRECT looks to third-party with super product

ING DIRECT will harness its broker referral program to boost distribution of its superannuation product.

mortgagebusiness
The correlation between dwelling values and housing finance data

Through a combination of good management, a strong regulatory framework, the presence of lender's mortgage insurance (LMI) and a bit of luck, Australia’s financial institutions, in the main, ...

The correlation between dwelling values and housing finance data
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