Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 2203 results for "Mortgage"

Twisting the blues away

BENJAMIN ONG  |  THURSDAY, 22 SEP 2011
... amount of Treasury securities with remaining maturities of 3 years or less." Further, "To help support conditions in mortgage markets, the Committee will now reinvest principal payments from its holdings of agency debt and agency mortgage-backed securities ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 SEP 2011
... Twist," as well as the Fed's decision to hold ultra-low interest rates unchanged, but its decision to re-invest in agency mortgage-backed series came as a surprise. In announcing the new measures, the Fed painted a grim picture of the economy, strapped ...

ASIC bans former Citibank manager

RACHEL DAVIS  |  TUESDAY, 20 SEP 2011
... transferred US$527,900 to her personal accounts from a client account including $170,000 to facilitate payments to her own mortgage. The impacted clients have been reimbursed by Citibank. ASIC acknowledges the assistance of Citibank in this matter. Cai ...

Perpetual shuts $1bn mortgage funds to focus on income

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Perpetual is closing its suite of mortgage funds, which have around $1 billion in funds under management, turning its attention to commercial mortgage lending and a secured private debt series for retail investors. As of September 17, Perpetual will ...

Macq appoints new COIN head

ELISE BURGESS  |  WEDNESDAY, 14 SEP 2011
Kirk Pitman, head of Macquarie's mortgage intermediary investment team, will replace Robert McCabe as Macquarie's head of product and technology for COIN Financial Software, effective October 1. McCabe moves into a new role within the Macquarie Banking ...

ASFA calls for rethink on contribution caps

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... life. This includes women re-entering the workforce and people looking to ramp up their savings having paid off their mortgage. "Many funds members are encountering significant difficulties in complying with the current contribution limits," said ASFA ...

AXA winds up billion dollar funds

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
AXA Australia is in the process of winding up seven funds, including a $1.06 billion mortgage fund, with a withdrawal offer available on two others. An AXA spokesperson confirmed to Financial Standard yesterday that AXA had completed a review of its ...

Market Wrap - Morning

AAP  |  MONDAY, 5 SEP 2011
... largest banks, along with a handful of other financial institutions and executives, for violating laws in the sale of home mortgage-backed securities. The negative sentiment has seen the Australian dollar drop through some technical support on Monday ...

Bonds, where the real money is

ALEX DUNNIN  |  TUESDAY, 30 AUG 2011
... above the odds to get anyone's attention. If Australian banks can't keep attracting new deposit funds it will hit local mortgage rates too. If this comes into play then last weekend's vague announcement by the NSW O'Farrell government about Waratah infrastructure ...

US housing market needs renovation

ALEX DUNNIN  |  MONDAY, 29 AUG 2011
... more flexible re-payment options, though this is more about banks protecting themselves than their customers. Many US mortgage being non-recourse lets borrowers walk away and all they have to do is hand back their house keys, leaving the banks with the ...