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Showing 341 - 350 of 378 results for "SEQ"

Rev mortgages new sales down 10pc

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
The SEQUAL Trowbridge Deloitte Reverse Mortgage Study has revealed $466 billion worth of reverse mortgage loans were sold in Australia last year, a 10 per cent fall compared to 2006. While new sales were down, the study found that overall, the sector ...

SEQUAL calls for better RM literacy

MICHAEL HOBBS  |  THURSDAY, 14 FEB 2008
Reverse mortgage peak body, SEQUAL, is calling for government support to educate retirees on the benefits of reverse mortgages after a survey revealed 60 per cent of retirees do not understand them. Retail Finance Intelligence (RFI) interviewed 1000 ...

Reverse mortgages, three years on

Reverse mortgage holders are generally satisfied with their loans three years on, but more than half aren't aware of the full cost of borrowing against their property, according to a new survey. The research was conducted by the Australian Securities ...

Brakes on reverse mortgages

MICHAEL HOBBS  |  WEDNESDAY, 14 NOV 2007
Although the reverse mortgage market grew strongly in recent years, a new Datamonitor report has shown signs that the sector is slowing down. The Reverse Mortgages in Australia and New Zealand 2007 report found reverse mortgage advances increased by ...

Reverse mortgages stumped by slump

CHRIS NICHOLLS  |  MONDAY, 24 SEP 2007
The reverse mortgage market continued its exponential growth last financial year, but housing market downturns, especially in NSW, tempered the surge, according to the latest SEQUAL/Trowbridge Deloitte Reverse Mortgage Market Study. Reverse mortgage ...

Market Wrap - Morning

AAP  |  FRIDAY, 21 SEP 2007
The Australian sharemarket is expected to open lower today after a weak lead from Wall Street, as surging oil prices and a tumbling dollar rekindled inflation worries. At 0810 AEST on the Sydney Futures Exchange, the September Share Price Index was ...

Credit crunch driving recession fears

SUZY MAC IS ON LEAVE  |  TUESDAY, 18 SEP 2007
The US sub-prime crisis is stretching its tentacles across the globe and is starting to reach mortgage borrowers as far afield as Australia and in the UK. Not because these countries have a sub-prime problem per se but because the US wholesale credit ...

SEQUAL toughens 'no negative equity' rules

CHRIS NICHOLLS  |  WEDNESDAY, 22 AUG 2007
Reverse mortgage lenders group SEQUAL has released an improved code of conduct, tightening conditions on 'no negative equity guarantees' and providing better protection to retirees. The new minimum standards for the mandatory 'no negative equity guarantee' ...

Over Fifty Group offers reverse mortgage courses

CHRIS NICHOLLS  |  FRIDAY, 3 AUG 2007
Over Fifty Group (OFG) and SEQUEL have partnered up to provide reverse mortgage accreditation courses for brokers and planners. Driven by the growing popularity of reverse mortgages and equity release products, as well as growing pressure from consumer ...

New reverse mortgage broker group sets sail

CHRIS NICHOLLS  |  MONDAY, 30 JUL 2007
New independent reverse mortgage broker network Fortus launched today, offering what it called a 'strict code of conduct' to safeguard retirees considering a reverse mortgage. Comprised of more than 40 brokers in New South Wales, Queensland, Victoria ...