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Showing 1241 - 1250 of 2203 results for "Mortgage"

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
... and marketed a synthetic collateralised debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). The firm failed to disclose vital information to investors about the CDO, in particular, the role ...

Market Wrap - Morning

AAP  |  MONDAY, 19 APR 2010
... Friday after blue ribbon investment firm Goldman Sachs was charged with misleading investors in the sale of a complex mortgage security similar to those blamed for the sub-prime mortgage debacle. News that the Securities and Exchange Commission (SEC) ...

Strong one, says yield curve

BENJAMIN ONG  |  MONDAY, 12 APR 2010
... ballooned to US$1.4 trillion. It could also be reflective of the Fed's completion of its purchase of $US1.25 trillion mortgage-backed securities. The worry is that the US government may need to offer higher yields to continue attracting investors to ...

PIS to step up competition in cash savings

MICHELLE BALTAZAR  |  THURSDAY, 8 APR 2010
Professional Investment Services is staging an ambitious plan to become an all-round financial services outfit, providing products and services that have long been the domain of the big banks, including the all-important area of bank deposit products. ...

Prime Super boosts insurance

RUTH LIEW  |  THURSDAY, 8 APR 2010
Prime Super has increased its insurance cover for members, slashed premiums and introduced online underwriting in its latest round of improvements. The fund, which had over $1 billion in funds under management at the end of September last year according ...

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
... on superannuation and investments by 1 October 2011." "We are still working through our target date for insurance and mortgage products but we are making a clear commitment to our clients that this is the direction we are heading in and we will deliver ...

Easter egg hunt

BENJAMIN ONG  |  TUESDAY, 6 APR 2010
... risk? Whatever the reason, with over 8 million Americans still unable to find jobs and not a few still struggling to make mortgage payments, the result would be a loud collective "Ouch"! A lower close last night would have dragged out details in the ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 MAR 2010
... between March 29 and March 31. RBA assistant governor of financial markets Guy Debelle is due to address the Australian Mortgage Innovation Forum at 0910 AEDT. In companies news, CSR Ltd's appeal against a Federal Court decision to block the proposed ...

ASIC cancels Teys Property AFSL

ASIC RELEASE  |  FRIDAY, 26 MAR 2010
... administration earlier this month. Teys is now known as TPFL Ltd. The firm is the responsible entity of eleven property and mortgage funds. ASIC's decision to cancel the licence followed discussions with the external administrators of Teys to ensure ...

BUSS(Q) hires advice and contributions manager

COMPANY RELEASE  |  WEDNESDAY, 24 MAR 2010
Queensland fund BUSS(Q) has hired Damien Simonfi and David Southwood to fill two newly created positions of financial advice manager and contributions arrears manager. BUSS(Q) has appointed Southwood as financial advice manager. Southwood will focus ...