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Showing 51 - 60 of 121 results for "Reverse mortgage"

Brokers accreditation mandatory: Bluestone

RUTH LIEW  |  FRIDAY, 4 APR 2008
Reverse mortgage brokers dealing with Bluestone Equity Release will be given until the end of April to get their SEQUAL accreditation up to speed, according to the specialist lender. All new and existing brokers distributing Bluestone reverse mortgage ...

Rev mortgages new sales down 10pc

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
The SEQUAL Trowbridge Deloitte Reverse Mortgage Study has revealed $466 billion worth of reverse mortgage loans were sold in Australia last year, a 10 per cent fall compared to 2006. While new sales were down, the study found that overall, the sector ...

Bluestone cuts back hard

WWW.THESHEET.COM  |  FRIDAY, 14 MAR 2008
... relied on the strength of the securitisation market. That market is dysfunctional." The changes do not affect the reverse mortgage business, Bluestone Equity Release, which has recorded solid growth and is still writing new business. Another area where ...

Long life derails retirement

People are living longer but not saving up as much, and probably can't afford to save more anyway, according to a leading actuary. While many superannuation experts have talked about the risk of people running out of money before they run out of breath ...

SEQUAL calls for better RM literacy

MICHAEL HOBBS  |  THURSDAY, 14 FEB 2008
Reverse mortgage peak body, SEQUAL, is calling for government support to educate retirees on the benefits of reverse mortgages after a survey revealed 60 per cent of retirees do not understand them. Retail Finance Intelligence (RFI) interviewed 1000 ...

Martin quits OFG

MICHAEL HOBBS  |  TUESDAY, 5 FEB 2008
... day to day operations within the group. OFG provides insurance, investment bonds, property funds management and reverse mortgage services for the over 50s community. In November last year independent directors and the managing director of OFG urged shareholders ...

Reverse mortgages, three years on

Reverse mortgage holders are generally satisfied with their loans three years on, but more than half aren't aware of the full cost of borrowing against their property, according to a new survey. The research was conducted by the Australian Securities ...

Brakes on reverse mortgages

MICHAEL HOBBS  |  WEDNESDAY, 14 NOV 2007
Although the reverse mortgage market grew strongly in recent years, a new Datamonitor report has shown signs that the sector is slowing down. The Reverse Mortgages in Australia and New Zealand 2007 report found reverse mortgage advances increased by ...

Reverse mortgages not thicker than blood

MICHAEL HOBBS  |  WEDNESDAY, 26 SEP 2007
Parents who use a reverse mortgage to lend funds to their children could face losing part of their pension on a technicality, said Louise Biti, head of technical services at Asteron. "Children in a great deal of debt may place pressure on their parents ...

Reverse mortgages stumped by slump

CHRIS NICHOLLS  |  MONDAY, 24 SEP 2007
The reverse mortgage market continued its exponential growth last financial year, but housing market downturns, especially in NSW, tempered the surge, according to the latest SEQUAL/Trowbridge Deloitte Reverse Mortgage Market Study. Reverse mortgage ...