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Showing 521 - 530 of 587 results for "Lenders"

Banks take a softly, softly approach to electronic banking

WWW.THESHEET.COM.AU  |  MONDAY, 13 NOV 2006
... change the terms of a mortgage from a variable to a fixed interest rate will be able to do so by email. But Moran said lenders will be cautious about sending out mortgage contracts via email. "Verification is the difficulty. We have to be sure the person ...

Market wrap - morning

AAP  |  FRIDAY, 10 NOV 2006
... was down 8.93 points to 2,376.01. LONDON - Britain's FTSE 100 index eased from five-and-a-half year highs as mortgage lenders struggled to shrug off an interest rate rise and drugmakers weakened on the outcome of US federal elections. The index of Britain's ...

Market wrap - morning

AAP  |  WEDNESDAY, 8 NOV 2006
... close, as investors switched out of heavyweight China Mobile into trailing property shares following a rate cut by local lenders. The benchmark Hang Seng index finished 2.76 higher for a fifth-straight record close, at 18,939.31. WELLINGTON - The NZX-50 ...

ASIC cautions over rate rise advertising

HAMISH MADDEN  |  TUESDAY, 7 NOV 2006
... recent interest rate rise and another imminent, the Australian Securities and Investments Commission (ASIC) has cautioned lenders over advertising and promotional material which may not accurately reflect a rate rise. Already home loan lenders One Direct ...

Rate rise drives home loan innovation

... continuing increase in interest rates may lead to a more competitive lending environment". "This increased competition among lenders may drive an improvement in service levels, as well as the development of new product features designed to deliver a ...

Market wrap - midday

AAP  |  THURSDAY, 26 OCT 2006
... was higher at noon on the back of resource stocks and as ANZ Banking Group Ltd led a surge in shares in the country's lenders. At 1200 AEST, the benchmark S&P/ASX200 index had risen 30.1 points to 5382.4, while the all ordinaries hit an intra-day high ...

Don't bury reverse mortgages in regulation: Martin

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
... risk of being buried before it had a chance to sprout. Speaking at the Senior Australians Equity Release Association of Lenders (SEQUAL) conference last week Martin, chief executive officer and managing director of the Over Fifty Group, responded angrily ...

Reverse mortgage regulation lacks cohesion

HAMISH MADDEN  |  TUESDAY, 24 OCT 2006
... points around the equity release and reverse mortgage industry, but the Senior Australians Equity Release Association of Lenders (SEQUAL) conference last week heard that no one body yet has the jurisdiction to regulate the sector as a whole. Speaking ...

FSR style licensing regime for mortgage brokers

WWW.THESHEET.COM  |  MONDAY, 23 OCT 2006
... Clyde, who was speaking in Sydney at a conference organised by SEQUAL (Senior Australian Equity Release Association of Lenders), said legislation could be ready next year. "The Consumer Credit Code is based on the idea of truth in lending," he said. ...

Reverse mortgage sector picking up pace

HAMISH MADDEN  |  THURSDAY, 19 OCT 2006
... $459 million at the end of 2004. Kieren Dell, executive director of the Senior Australians Equity Release Association of Lenders (SEQUAL), said the trend was a sign of things to come. "Reverse mortgages are steadily growing as a retirement financial ...