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Showing 611 - 620 of 2174 results for "Mortgage"

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
NAB refunded $1.7 million to home loan customers after it failed to properly set up mortgage offset accounts, according to ASIC. Customer complaints prompted NAB to conduct an internal review, which found the bank failed to link offset accounts to broker ...

J.P. Morgan secures $3.5bn custody mandate

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
... manage $3.5 billion in insurance investment assets following a competitive tender process. Genworth Group, which offers mortgage lending insurance through its subsidiaries Genworth Financial Mortgage Insurance and Genworth Financial Mortgage Indemnity ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... own 100% of One Path Life Australia Holdings (OPL), but ANZ will retain its New Zealand business along with its lenders mortgage insurance, general insurance distribution and financial planning arms. ANZ noted that as at 30 September 2017, total life ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... the median house price $650,000 less than in Sydney," he said. "That is a lot of money that can be used to pay off a mortgage or fund a better retirement lifestyle." Related story: Retirement needs higher purpose: ASFA CEO A study commissioned by industry ...

DomaCom unitholders approve new trustee

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2017
... DomaCom shareholders have approved the appointment of its new trustee, delivering the capability to introduce crowdfunded mortgage backed loans. The fractional property investment platform announced in October that it had appointed Melbourne Securities ...

Myprosperity partners with $6.2bn platform

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... if it makes sense to buy an investment portfolio or if the money could be used elsewhere to pay off a credit card or mortgage or kept in savings, Pettit said. As at September, HUB24 reached $6.2 billion in funds under administration, jumping 66% from ...

Listed mortgage broker joins forces with TAL

ALEX BURKE  |  MONDAY, 13 NOV 2017
An ASX-listed mortgage broking firm has entered into a life insurance referral partnership with a TAL subsidiary. Under the new arrangement, Australian Finance Group's 2850 brokers will be able to refer life insurance to clients via TAL's Lifebroker ...

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... for the actions that I took based on the information that we had at the time" regarding Lehman's role in the subprime mortgage crisis. He was played by James Woods in the 2011 film Too Big To Fail, which chronicled Lehman's bankruptcy and the US Government's ...

FinPal integrates broking capabilities

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
FinPal will add functionality for mortgage brokers to its software to accommodate for the increasing overlap of broking with financial advice. The next release of the FinPal software will seek to bridge the gap created by advisers and brokers using ...

Fintech exposes SMSFs to global shares

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Stake has hired a former Macquarie Group and IRESS executive to help self-managed super funds invest directly in the global share market. Matthew Rady joins the fintech as head of business development, responsible for expanding services and developing ...