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Showing 771 - 780 of 2174 results for "Mortgage"

ASIC bans convicted broker

MARK SMITH  |  WEDNESDAY, 20 MAY 2015
ASIC has banned a mortgage broker from engaging in credit activities and from providing financial services for 10 years following her conviction for loan fraud. In September 2014 and following an ASIC investigation, Shashi Kanta Prasad, also known as ...

Don't put all QE in the same basket: AXA

LAURA MILLAN  |  WEDNESDAY, 20 MAY 2015
... markets would not run out of liquidity," he said, reminding that at the time the Fed prevented other investors from buying mortgage-backed securities. "QE2 and QE3 were different policies; they were providing liquidity to the banking system. But until ...

Follow the money

BENJAMIN ONG  |  FRIDAY, 15 MAY 2015
... Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. This ...

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
Australian financials are overpriced and undercapitalised relative to their global counterparts, Perpetual Investments global equities portfolio manager Garry Laurence said. "We feel much more comfortable investing in more attractively valued financials ...

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
... million, plus around US$20 million in interest, to National Australia Bank for breaking rules related to the sale of mortgage-linked securities before the financial crisis. The US Financial Industry Regulatory Authority (FINRA) said the claim arose out ...

PROFILE: PGI chief executive Grant Forster

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... and they couldn't wait to get a job. But I had been getting decent pay at the bank, I had finished my degree, I had no mortgage, I was tired of my job and I had no girlfriend. So all those things said to me: go to London," he says. After a few months ...

Govt should support pensioner reverse mortgage access: CIS

ALEX DUNNIN  |  TUESDAY, 28 APR 2015
... family home should be brought into the pension income test by requiring home-owning pensioners to take out a reverse mortgage, says the Centre for Independent Studies (CIS) in a new report. While it's unlikely the government will take the advice, the ...

PROFILE: Findex chief executive Spiro Paule

DARREN SNYDER  |  MONDAY, 27 APR 2015
... the property crash that soon followed. During this time Paule and his wife had a young baby in tow and were paying a mortgage, all adding to the risks of leaving a secure job. But by the early 1990s an effective business model was generating a surplus ...

Regional banks call for FSI reforms without delay

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... effective product disclosure and communication with consumers, particularly with regards to fees, risks and ownership in the mortgage broker and aggregator market. They were largely supportive of the government's recommendations; especially an average ...

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
... RBA's Financial Stability Review (published last week) underscored the central bank's concern, "The composition of new mortgage finance remains skewed to investors, however, particularly in the largest cities. Ongoing strong speculative demand would ...