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| | | ... index slipped 83.69 points, or 0.79 per cent, to 10,497.36. HONG KONG - The market was weighed by declines in Chinese lenders on concerns Beijing will tighten credit, as well as profit-taking in Hong Kong property developers. The benchmark Hang Seng ... |
| | | | Finance brokers and certains lenders will need to comply with new responsible lending laws a year earlier than planned under the updated timetable of the government's proposed consumer credit reforms. Under the new deadlines, the responsible lending ... |
| | | | ... fell 59 cents, or 1.54 per cent, to $37.67, while rival Rio Tinto lost $1.44 or 2.4 per cent to $58.55. Australia's major lenders also lost ground, with Commonwealth Bank (CBA) leading the sell-off after its stock went ex-dividend on Monday. CBA's shares ... |
| | | | ... Yesterday's fall was attributed to speculation that Beijing will try to curtail the flow of funds into the market, require lenders to hold larger reserves and increase tax on stock market trades. Are they kidding? Why would Beijing want to kill the goose ... |
| | | | ... total outstanding funding of $2.5 billion. The study, commissioned by the Senior Australians Equity Release Association of Lenders (SEQUAL), found there are more than 37,000 reverse mortgage facilities in existence. |
| | | | ... share market bounced back on Friday, driven higher by banking stocks as investors shuffled holdings between the major lenders to accommodate share placements. The benchmark S&P/ASX200 index was up 62.4 points, or 1.66 per cent, at 3,818.1, while the ... |
| | | | ... mortgage fund managers have better loan books and better returns for investors. "Over the last seven months, while the lenders haven't done any lending, we've had a red hot go at reviewing our fund," he said. For example, as minimum requirements on commercial ... |
| | | | ... half. Deverall said credit quality in portfolios was holding up well, as most mortgage fund managers were conservative lenders. The mortgage fund sector provides finance to small commercial borrowers. The freezing of the funds, which started last October ... |
| | | | ... provider Taggart Nominees, said the product took more than 12 months of planning. To date, the group has secured three money lenders that agreed to the "flat fee" model and are in discussions with others. The move coincides with new, stricter regulations ... |
| | | | ... their balance sheets are weak or they are having difficulties raising new capital whether that be from the share market or lenders. "If the assets fall below the statutory minimum level, a technical insolvency position will arise, triggering under SIS ... |
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