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Showing 51 - 60 of 588 results for "Lenders"

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... CSLR's remit is limited to four areas: credit intermediaries, such as mortgage brokers, credit providers, such as lenders, financial advisers, and general securities dealers, or stock exchange organisations. The maximum compensation amount is $150,000. ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... RBA cash rate plus 6% per annum and is distributed by Mantis Funds. Warehouse financing, which is common among non-banks lenders, is a type of private debt securitisation. Warehouse financing duration is less than one year. Bourke said barriers to entry ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... shareholders and staff, and even the residents of Mission Beach who agreed to sell us their homes. Mayfair 101 and all our lenders deserve compensation for what has occurred."

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... taking all necessary measures to protect their members and customers from malicious scammers. "We are scrutinising the way lenders comply with their hardship obligations, how banks support First Nations consumers to access low-fee accounts, and how superannuation ...

Pallas Capital, Ares launch $500m lending fund

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... segment remains unserviced as it falls between the very narrow lending focus of the major banks. He said that many non-bank lenders prefer to focus on very small CRE loans or much larger loan exposures of over $50 million. "We expect to increase lending ...

IPO Capital clients receive payments from Mayfair 101

JAMIE WILLIAMSON  |  FRIDAY, 9 FEB 2024
Close to four years on from ASIC's first action against Mayfair 101, the group has resumed interest payments to lenders in IPO Capital. Payments for the December quarter have been made in full to more than 12 lenders after waiting for the group's liquidity ...

GCI welcomes investment director

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... overarching transformational credit offering. "We are continuing to see a demand for creative lending solutions as traditional lenders scale back and borrowers face increased restrictions," Solsky said. "Our offering is distinctive in that our team works ...

TAL appoints chief claims officer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... becoming chief of staff of the institutional bank division. She then became chief operating officer of life, general, and lenders mortgage insurance at BTFG before taking on a newly created role as executive director to oversee insurance mergers and ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... their due diligence and backed the company's strategy," unitholder Bruce Golightly said. "Sadly, it is clear Mayfair's lenders did more due diligence than ASIC did and now we are suffering the consequences of ASIC's negligence. We deserve to be compensated ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
ASIC has prolonged its product intervention orders for short-term and continuing credit contracts in a bid to protect vulnerable retail investors. The orders, which were first implemented in July 2022, will now be extended until 1 October 2032, or until ...