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Showing 1101 - 1110 of 2203 results for "Mortgage"

AUI expands with property fund acquisitions

ELISE BURGESS  |  MONDAY, 8 AUG 2011
Australian Unity Investments has picked up three unlisted property funds, with over $430 million in FUM, as part of its property growth strategy to build its retail funds business. Australian Unity Investments (AUI) has entered into an agreement with ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
... accounting chicanery and management lies. Bear Stearns wasn't downgraded until the day it went under. Then there was the mortgage-backed securities debacle, when agencies bestowed AAA ratings on bonds backed subprime mortgages, as well as the alphabet ...

Consumers flex social media muscle

ELISE BURGESS  |  MONDAY, 1 AUG 2011
In under 24 hours, over 4,000 people signed up to an online Big Bank Switch campaign by consumer group, CHOICE, reflecting the increasing power of social media as a form of communication. The big four banks, the main target of the campaign, were also ...

Macquarie backs annuity income as contributions drop

MATT WOODINGTON  |  THURSDAY, 28 JUL 2011
Macquarie said that annuity style income provided by its banking and financial services, funds management and corporate and asset finance divisions will drive growth in the medium term after reporting a drop in group contributions for Q1 2012. Macquarie ...

New tool launched to gear SMSFs into property

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... the merits of property in super. At the luncheon in Sydney on Wednesday, Craig Morgan, managing director of specialist mortgage broker SMSF Loans, said many people had thought the contributions cap would kill SMSF investment in property, but the opposite ...

Older people seek more financial advice

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
... principal adviser at financial planning firm Mentor1, said his business deals with many people aged 35-50 who have a mortgage and children. "They seek advice because they're worried something might happen," he said. "They seek insurance and they use ...

Certitude partners with Threadneedle on global fund

ELISE BURGESS  |  WEDNESDAY, 20 JUL 2011
... specifically built to address that." UK-based Threadneedle manages around $1 billion within Australia in Asset Backed Mortgage Securities and $110 billion globally. Certitude will distribute the Threadneedle Global Equity Fund, which invests in the actively ...

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
ASX listed Firstfolio has agreed to acquire non-bank mortgage lender Calibre Financial Services amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues. Firstfolio, a mortgage ...

IOOF tweaks platform risk insurance for super

ALISON BEVEGE  |  WEDNESDAY, 13 JUL 2011
... protection cover at important life event stages such as marriage, the birth of a child, divorce or the taking out of a mortgage. Renato Mota, general manager for distribution said IOOF believed members would be better off thanks to the changes. "Particularly ...

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
Real estate investors with interest only loans are the biggest threat to Australia's Big Four bank balance sheets, a senior equities analyst has said. While public attention has been captured by the Greek sovereign debt crisis and falling demand for ...