Datamonitor report that rising prices does not discourage Australian first home buyers (4-Sep-2007)
... requiring little or no deposit have become more common, and the average loan-to-valuation ratio (LVR) of
loans has risen.Family support products, where customers can use a family member’s equity as additional security for a loan, have ...
Virgin Money launches Everlasting Love Home Loan (4-Sep-2007)
... survey by Virgin Money Home
Loans found that over 87% of Australians believed the big banks were not doing enough to look after homeowners.According to Virgin Money, more than ever, people needed to feel reassured their home loan partner ...
Fixing or splitting loan act as vaccine for future rise in interest rate (31-Aug-2007)
... themselves against the negative effects of further interest rate rises are urged to consider full or split fixing of
loans in order to rein in the rising cost of debt.Financial services research group CANNEX has identified interest rates as ...
New policy to grow and strengthen New Zealand firms (31-Aug-2007)
... policy.Other aspects of Investment New Zealand's work would be refined as a result of the review, and the grants and
loans portion of the Strategic Investment Fund would be discontinued as it was found to be ineffective in achieving its goals. ...
S&P affirms above average Residential Loan Servicer ranking on FirstMac (30-Aug-2007)
... services on behalf of originator managers and private label clients. It also performs servicing functions for residential
loans it sources from brokers and aggregators.FirstMac supports its servicing operations through sophisticated technology ...
RUN shareholders vote in favour of alliance with Futuris (29-Aug-2007)
... Brian Reid from the Futuris group of companies as Non-Executive Directors to the RUN Board.The conversion of founder
loans to converting notes in RUN.A RUN Shareholder Purchase Plan (SPP) provides all RUN shareholders with the opportunity ...
Community First Credit Union launches reduced rate personal loans (29-Aug-2007)
... First Credit Union has launched new reduced rate personal
loans for environmentally friendly initiatives over $2,000. The loan features a low rate of 8.30%, a 3.7% reduction on Community First’s usual personal loan rates of 11.99% and ...
Ten worst mistakes made by the rich (29-Aug-2007)
... company Coogee Resources, but was forced to pull the float earlier this year. John Kinghorn floated his company RAMS Home
Loans at exactly the wrong time this year, as the United States sub-prime crisis hit. The value of his 25% stake has more ...
Veda Advantage calls Federal Government to improve lending practices in Australia (28-Aug-2007)
... under the current credit system, a consumer may have a mortgage, an investment loan, five credit cards and three personal
loans, but none of these will be mentioned on their file if they are more than five years old, or if the credit provider has ...
X Inc Finance calls for greater regulation of mortgage brokers (28-Aug-2007)
... they deal through a broker, as is increasingly the case, or direct through the local branch lending manager.Low-doc
loans had attracted unfair criticism and were legitimate options for people who could afford them. Borrowers were likely to ...