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Showing 351 - 360 of 2171 results for "Mortgage"

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's ...

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
The world's largest asset manager is flirting with the idea of investing in cryptocurrency, priming two of its global funds to potential exposure to bitcoin futures. Two filings with US watchdog the Securities and Exchange Commission reveal that two ...

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... delivered 8.14% p.a. in the last 12 months and 43.57% p.a. since inception. The fund invests in short- to medium-term first mortgage loan investments secured against Australian real property and requires a minimum investment of $500,000. It charges a ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
ASIC has commenced proceedings, seeking a civil penalty against La Trobe Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds ...

DomaCom partners for Sharia-compliant home loans

KANIKA SOOD  |  MONDAY, 21 DEC 2020
... ownership in the cohort is lower than the broader population (15% vs. 66%) The report estimates the Shariah-compliant mortgage finance market stands at $192 billion, making it an opportunity for $4 billion in average gross fund management fee calculated ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... in economic conditions," she said. "However, this volatility also tends to see a rapid recovery in the wake of lower mortgage rates and an improvement in consumer sentiment. "Perhaps even more surprising is that some of the suburbs more impacted by the ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... product. "The merger is another important step in the almost 29-year evolution of Aussie as Australia's leading retail mortgage broker," Aussie chief executive James Symond said. "We are currently posting record lending volumes through our network of ...

Household capital a retirement solution: Research

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... impact on housing and neighbourhood satisfaction. The university analysed data from Heartland Seniors Finance reverse mortgage loan book over a 15-year period and found the most commonly identified purpose for loans is home improvements (43%) followed ...