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Showing 111 - 120 of 123 results for "Reverse mortgage"

ASIC moves forward with reverse mortgage calculator

... proliferation of reverse mortgages, ASIC has launched a calculator to assist older Australians who are considering a reverse mortgage option. Mindful of the significant increase in reverse mortgage products now on the market - from three up to 18 products ...

Bluestone reverse mortgage to offer interest rate protection

Bluestone Equity Release, a subsidiary of Bluestone Group, has released a new reverse mortgage product with a "capped for life" variable rate providing interest rate protection for retirees. Estimated to be worth $600 million in 2005, the reverse mortgage ...

Loan doubles lure reverse mortgage providers

... loans for the products more than doubled in 2005. Datamonitor's new report includes figures that forecast the reverse mortgage market will have reached $3 billion by 2010. Datamonitor's financial services analyst and co-author of the report, Emily Tonkin ...

Full steam ahead for reverse mortgages

A growing number of companies are providing reverse mortgage products and the more providers there are the better for consumers, said the industry's peak body SEQUAL. This month, both ABN Amro and Mariner Financial Services released their reverse mortgage ...

Demand for reverse mortgage on the rise

After a three-month long search and consultation, financial advisory group Lonsdale has appointed three reverse mortgage providers: Bluestone Equity Release, Macquarie and OFM Investment Group to team up with its network of 170 financial advisers. Lonsdale's ...

OFM targets aged care market

... enter aged care accomodation. These bonds are increasingly being funded through reversed mortgages. OFM offers reverse mortgage products tailored to fund accommodation bonds. "This acquisition is the next step in our strategy to become the pre-eminent ...

Mariner releases product, "unlocking the equity in family homes"

Mariner Retirement Solutions has launched a "reverse mortgage" product that allows retirees to borrow between 10 to 40 per cent of the value of their homes. The no repayments product allows retirees to borrow single lump sums, of between $10,000 and ...

S&P to rate reverse mortgages

Standard & Poor's (S&P) has signalled its intentions to provide ratings information for reverse mortgage-backed securities (RVMBS) in the Australian and New Zealand markets. The ratings house is currently formulating the criteria that will be used to ...

Popularity of reverse mortgages set to rise

AAP | FRIDAY, 17 JUN 2005

An ageing Australian population and a widening retirement savings gap are set to give rise to a robust reverse mortgage industry, analysts say. But the product needed a significant public perceptions makeover if financial planners were to broaden the ...

Macquarie launches mortgages in reverse

Macquarie Bank has launched a reverse mortgage called 'Silver Lining' which will allow retirees to convert the equity in their home into an income. "Reverse mortgages allow people who have become asset rich but cash poor to enjoy life now. Their house ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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