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Showing 21 - 30 of 93 results for "Reverse mortgages"

Gillard Govt to tighten reverse mortgages rules

RUTH LIEW  |  MONDAY, 9 AUG 2010
Reverse mortgages holders will receive more protection during a property downturn if Labor continues to hold government after the election - but the industry's peak body said most of these proposed policies are already in place. A re-elected Gillard ...

Investors turn to rev mortgages for income

MICHAEL HOBBS  |  TUESDAY, 22 JUN 2010
... mortgage market study, commissioned by SEQUAL, supports Conlon's observation. The study found the top three uses of reverse mortgages are home improvement, a regular income and debt repayment. Martin Lynch, head of reverse mortgages at the Royal Bank ...

Rev mortgage market continues to grow

MICHAEL HOBBS  |  TUESDAY, 13 OCT 2009
... facilities at the end of June. While the market grew slightly in the six-month period, the number of new borrowers of reverse mortgages fell from 2,600 in the second half of last year to 2,350 in the six months to June. Those that use a reverse mortgage ...

Rev mortgage guide "out of date": RBS

MICHAEL HOBBS  |  FRIDAY, 26 JUN 2009
... concerned that people are being encouraged to borrow more than they actually need. However, Martin Lynch, head of reverse mortgages at RBS, said while the information within the guide is correct, he is disappointed with the tone of the case studies used. ...

Regulator warns on rev mortgages

MICHAEL HOBBS  |  TUESDAY, 23 JUN 2009
... Investments Commission (ASIC) and Paul Clitheroe's financial literacy team launched an information guide on reverse mortgages, warning consumers about the possible pitfalls. Thinking of using the equity in your home? A new independent guide to reverse ...

Govt overhauls consumer credit regulation

MICHELLE BALTAZAR  |  FRIDAY, 3 OCT 2008
... national licensing regime for all credit providers such as mortgage brokers and new rules on margin lending and reverse mortgages. Today the Government said it will spend $71 million under a two-phase action plan to clamp down on predatory lending practices. ...

SEQUAL appoints new chairman

RUTH LIEW  |  WEDNESDAY, 10 SEP 2008
SEQUAL has promoted its current deputy chairman, Martin Lynch, to the role of chairman to the reverse mortgages industry body board. Lynch is the head of reverse mortgage at ABN AMRO, having joined the firm in April 2005 to establish their reverse mortgage ...

Count buys $6m stake in Mortgage Choice

RUTH LIEW  |  MONDAY, 28 JUL 2008
... be a good fit," she said. Count advisers already provide mortgage advice, including home loans, insurance and reverse mortgages consulting to their clients. The 4.9 per cent acquisition will see Count pump even more revenue and resources into the mortgage ...

RM advisers break through 1000 barrier

... Australia-wide network of 'trusted advisors'. The jump in the numbers of RMCs is in response to growing demand for reverse mortgages from Australia's aging population who increasingly see the product as a viable option. The expanding network has also ...

Banks enjoy mortgage windfall, sort of

WWW.THESHEET.COM  |  FRIDAY, 16 MAY 2008
... market for the long term and that it will continue to introduce new products and features. ABN Amro's director of reverse mortgages, Martin Lynch, said reverse mortgages have established their place in the retiree finance market and demand will continue ...