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Tighter lending curbs to halve price growth in 2017: HSBC

The foreign-owned bank is tipping national house price growth to slow significantly next year with some price falls expected in major capital cities.

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IOOF shows interest in buying ANZ wealth

IOOF has confirmed it is interested in purchasing ANZ’s wealth business, saying it presents an attractive and strong fit.

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Majors tipped to reprice ‘lower quality’ mortgages

A fixed-income research group believes the big four banks could soon begin hiking home loan rates and further tightening credit standards in an effort to preserve margins.

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Non-bank boss steps down following merger

The managing director of RESIMAC, Warren McLeland, has stepped down from his role just weeks after the company’s merger with ASX listed non-bank lender, Homeloans group.

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Non-bank sells mortgage portfolio

A leading non-bank lender has announced that it has brought total sales for the year to $1 billion, after completing its latest whole loan sale.

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Westpac loosens mortgage lending for migrants

The major bank has explained its latest credit policy changes after recent media reports suggested the group was intensifying its crackdown on lending to foreigners.

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Specialist lender prices non-conforming RMBS

A $200-million residential mortgage-backed security has been priced by specialist lender Bluestone.

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US lender confirms third-party plans

The Australian arm of a US-based business lender has confirmed the group will soon begin working with brokers following its launch into the local lending market last year.

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Housing on RBA “wall of worry”, says CBA economist

The Reserve Bank’s growing fears over residential property are increasing the likelihood of tighter regulation, according to a leading economist.

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Short-term lender raises $33.5m in funding round

A recently-rebranded short-term lender has closed one of the largest startup funding rounds of 2016, after raising $33.5 million in debt and equity capital.

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