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Showing 391 - 400 of 2173 results for "Mortgage"

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... Angle Finance in September 2019; its second acquisition in the region. It had previously acquired Bluestone Mortgages (mortgage lending specialist with operations in Australia, New Zealand and the Philippines) in 2018. "We continue to see strong opportunities ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... appropriate over coming months for the Federal Reserve to increase its holdings of Treasury securities and agency residential mortgage-backed securities (RMBS) and CMBS at least at the current pace." "Noting the increase in uncertainty about the economic ...

Ponzi scheme allegations levelled at Mayfair 101

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... are being sold as offering investors the ability to earn fixed rates of return in exchange for direct registered first mortgage security over properties Mayfair 101 owns in Mission Beach. Wholesale investors in the scheme were told they would also receive ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... offer deferral support where needed, although following our three-month customer check-ins the number of outstanding mortgage deferral customers is down around 40%," King said. "However, many mortgage and business customers continue to require assistance ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be ...

Advice firm partners with mortgage aggregator

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
Encore Advisory Group has partnered with Loan Market, a mortgage aggregator, establishing a new business. The new joint business will be called Financial Advice Mortgage Solutions (FAMS). FAMS said the new business will bring together everything a professional ...

Calls for financial services to include procurement targets

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... opportunity, and housing. "As educators in financial literacy, we know the difference stability in employment and rent or mortgage payments can make to an individual," Hamm said. "It is critical that Indigenous groups are equal partners and not simply ...

Spend your money how you please: PM

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
The Prime Minister has said it is not the government's place to tell Australians how to spend the money they have removed from super due to the Early Release of Super (ERS) scheme. Speaking at a press conference Prime Minister Scott Morrison said the ...

Investment strategies need to change: GSFM

ELIZA BAVIN  |  TUESDAY, 28 JUL 2020
... Souders said he has been finding much more value in the US and Europe compared to Australia saying residential credit and mortgage credit are surprisingly good options. Munro Partners chief investment officer Nick Griffin said one of the consequences ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
Australia's financial services sector, particularly the big four banks, are set to underperform over the coming months, with mounting business and home loan deferrals to blame. That's according to T. Rowe Price head of Australian equities Randal ...