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Showing 1351 - 1360 of 2203 results for "Mortgage"

Away for Easter

BENJAMIN ONG  |  TUESDAY, 7 APR 2009
... night's retreat primarily to Calyon Securities analyst Mike Mayo's advise to sell bank shares because 'While certain mortgage problems are farther along, other areas are likely to accelerate, reflecting a rolling recession by asset class.' Mayo added ...

Westpac lends aid to financial counsellors and SMEs

COMPANY RELEASE  |  MONDAY, 6 APR 2009
... problems. The move follows news over the weekend of an agreement between the Federal Government and the four banks to provide mortgage relief to home loan owners who became unemployed as the market crisis took its toll on local and international busi ...

Restrict 'adviser' term: AFA

MICHAEL HOBBS  |  THURSDAY, 19 MAR 2009
... Corporations Act. "The problem at the moment is that anyone offering advice in the financial space including accountants, mortgage brokers and real estate agents can call themselves an 'adviser'. This is very confusing to the consumer," said Richard ...

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
... billion of long-term Treasuries over the next six months. It would also purchase an additional US$750 billion of agency mortgage-backed securities and US$100 billion worth of debt of government sponsored enterprises (GSE) over the same period. This move ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
... market's face since December last year - and/or that the Fed would increase the US$600 billion pot set aside for purchasing mortgage securities and other toxic assets. But what good is an extra million, billion, trillion added to the pot when it is only ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
Yesterday's strong rally on Wall Street was followed by a flat performance overnight. Is Wall Street catching its breath before taking another jump? Or is it taking a deep breath for diving? Such is the uncertainty created by the current global economic ...

Three firms wound up by ASIC

COMPANY RELEASE  |  MONDAY, 9 MAR 2009
... ASIC. ASIC brought its application following an investigation which raised concerns that Mt Whitsunday Pty Ltd, Maxpower Mortgage Services Pty Ltd and Maxwell Phillip Enterprises Pty Ltd were insolvent, misapplied funds raised from investors and did ...

Clients duck for income cover

RUTH LIEW  |  MONDAY, 9 MAR 2009
Australians are taking out income protection in droves as uncertainty from the economic slowdown hits home. Professional Investment Services managing director Grahame Evans said figures from the latest Risk Distribution Monitor Survey showed the level ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... the US labour market and tighter lending standards not surprisingly are continuing to pressure the housing sector. The Mortgage Bankers Association (MBA) reported that mortgage delinquencies for all loans rose to 7.9 per cent in the fourth quarter of ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 MAR 2009
The Australian share market is expected to open stronger with US and European markets rallying overnight and commodity and oil prices higher. At 0820 AEDT on the Sydney Futures Exchange, the March SPI futures index was up 72 points at 3,234. In economic ...