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Showing 1261 - 1270 of 2203 results for "Mortgage"

Count names new chief, profits bounce back

MICHELLE BALTAZAR  |  WEDNESDAY, 17 FEB 2010
... year, the company acquired a 5 per cent stake in financial planning group DKN. It is also the largest shareholder in Mortgage Choice (MOC) with a 17 per cent stake.

Property developer gets jail sentence

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
Former property developer and mortgage broker, Samuel David Saunders, was sentenced two years and three months imprisonment with a non-parole period of 12 months after pleading guilty to seven ASIC charges. Saunders of Orange, New South Wales, was sentenced ...

New chapter in savings after government guarantee ends

MICHELLE BALTAZAR, MICHAEL HOBBS AND RUTH LIEW  |  MONDAY, 8 FEB 2010
... conditions around capital-guaranteed funds, that may not necessarily be cash-based, as well as the likely revenues of mortgage funds. Mortgage funds and other non-guaranteed fixed income funds suffered massive outflows when the government introduced ...

State Street settles suit for $340m

SEC RELEASE  |  MONDAY, 8 FEB 2010
... Boston Regional Office, said, "State Street informed certain investors and left others in the dark about their subprime mortgage exposure. This global settlement will ensure that harmed investors are compensated." According to the SEC's complaint filed ...

Merger creates $16bn mortgage aggregator

COMPANY RELEASE  |  WEDNESDAY, 3 FEB 2010
The $16-billion plus mortgage aggregator Vow Financial, part-owned by Macquarie Group, could pose a new threat to financial planning firms after the group's head said they also plan to start offering non-mortgage financial products. The merger includes ...

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
... dates for the Term Asset-Backed Securities Loan Facility remain set at June 30 for loans backed by new-issue commercial mortgage-backed securities and March 31 for loans backed by all other types of collateral. The Federal Reserve is prepared to modify ...

Retirement savings gap to reshape Aussie workforce

MICHELLE BALTAZAR  |  WEDNESDAY, 27 JAN 2010
... option is to start a Transition to Retirement pension and take the minimum pension so that they can start to reduce their mortgage sooner rather than later. And on the positive side, Little said that given markets are still well below pre-GFC levels ...

Unlisted property continue to pose liquidity headaches

JOHN KAVANAGH  |  FRIDAY, 22 JAN 2010
... but the exchange could also accommodate managers that wanted to use a listing to recapitalise their funds. At present, mortgage, property and high yield income funds with a combined $30 billion of investor money have suspended redemptions or are able ...

Stimulexit

BENJAMIN ONG  |  MONDAY, 18 JAN 2010
Get shorty! Equity markets, commodity markets, corporate bond markets and all other riskier asset markets continue to extend their gains early in 2010. But somehow, the uptrend does not look as convincing as last year's rally. Are markets psyching themselves ...

Room for Russia in BRIC

MICHELLE BALTAZAR  |  FRIDAY, 15 JAN 2010
Many investors are convinced of the growth story behind Brazil, India and China - but does anyone know what's happening in Russia? In Sydney this week, Mark Edwards, vice president of global fund manager T. Rowe Price, said he disagrees with the view ...