European financial crisis to blame for lending clamp-down

Jeff Whalley | Herald Sun | October 6, 2011 http://www.news.com.au/money/property/european-financial-crisis-to-blame-for-lending-clamp-down/story-e6frfmd0-1226160162581 The discounting war engulfing the mortgage market is likely to end as Europe's debt crisis raises...

Mortgage discounting peaks

Jane Searle | Australian Financial Review | October 6, 2011 http://afr.com/p/business/financial_services/mortgage_discounting_peaks_Z8Gv1XJj8sK5XZsnW9o7wI The depth and frequency of discounts below the standard variable mortgage rate have hit a...

Mortgage holders may all be winners on Cup Day

Jeff Whalley | Herald Sun | October 5, 2011 http://www.heraldsun.com.au/news/more-news/mortgage-holders-may-all-be-winners-on-cup-day/story-fn7x8me2-1226158466773 Australia's mortgage belt could be cashing in on an interest rate cut as early as Melbourne...

Home loan competition hits pre-GFC levels

Eric Johnston | Domain | October 5, 2011 http://smh.domain.com.au/real-estate-news/home-loan-competition-hits-pregfc-levels-20111005-1l881.html Competition between banks and other lenders for home loan customers has returned to levels last seen before...

Talk Is Cheap! The Real Deal On Diversification

Diversification – it’s the buzz word of the broker industry. But is it really a solution? In an industry consisting of sole traders and...

ASICCredit reform Update Sept 2011

Responsible lending disclosure obligations: Overview for credit licensees and representatives This information sheet sets out your credit disclosure obligations under Ch 3 of the National Consumer Credit...

Not much help in the grant scheme of things

Susan Wellings | Domain | August 27, 2011 http://news.domain.com.au/domain/real-estate-news/the-downside-of-government-handouts-for-property-20110826-1jcwn.html Government assistance and incentives may have a downside in the long term. Free handouts of government money to...

ASIC Mortgage Health Month

ASIC | September 1, 2011 ASIC has launched new resources and tools on its consumer finance website www.moneysmart.gov.au to help people avoid mortgage stress. Delia Rickard...

Screws turned on loan sharks

Jessica Wright | SMH | August 28, 2011 http://www.smh.com.au/national/screws-turned-on-loan-sharks-20110827-1jfb7.html Loan sharks who exploit vulnerable customers with short-term cash advances at exorbitant interest rates will be blocked...

MFAA Education Standards and Commercial Brokers

Walker & Miller | August 31, 2011 The Mortgage and Finance Association of Australia (MFAA) has made several announcements over the past year regarding changes...