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| | ... to protect the interests of our investors." The statement from Mayfair 101 said funds were being sourced from private lenders to extend credit to the group to facilitate the recapitalisation. It also said there were plans to launch its business model ... |
| | | ... estate borrowers. The trust currently has $530 million worth of funding approved by its backers. It competes with non-bank lenders and does not offer construction loans. The latter is offered by Pallas' lending business, which settles about $50 million ... |
| | | ... The charges also come after ASIC undertook a review of the sale of consumer credit insurance by 11 major banks and other lenders. "Following a review of consumer credit insurance, ASIC banned the unsolicited sale of this insurance through cold calls ... |
| | | ... homebuyers on a single income. "Debt-to-income caps would be likely to change the shape of the mortgage market, but while some lenders might reduce their volume of lending at higher multiples of income, others might step into the fold or increase mortgage ... |
| | | ... calls for investors. The company is using its cash to fund the loans for the product at the minute but plans to use other lenders as demand grows. InvestSMART chief executive Ron Hodge said the product is the first of its kind and allows the firm to ... |
| | | ... help customers with their life insurance needs by partnering with TAL." In the last year, Westpac has also ditched its lenders mortgage insurance, Westpac Pacific, auto finance and New Zealand life insurance businesses, and separated its general insurance ... |
| | | ... the advantage of hedge funds. The scandal also resulted in US homeowners filing a class action against their mortgage lenders, claiming that LIBOR manipulation made mortgage repayments more expensive. This case was based on analysis showing LIBOR rates ... |
| | | ... entered into personal loans with a number of people, some of whom were clients. "No client accounts were breached. The lenders transferred money from their personal bank accounts to his personal bank account," he said. "In almost all of the cases we ... |
| | | ... need, rather than giving them the option of using their super. The government should have enforced with banks, landlords, lenders, financial services and utility companies to offer deferred payment schemes to all customers, McKell further suggests. "The ... |
| | | ... and ramp up its digital transformation. Westpac has already sold Vendor Finance, Westpac Pacific, General Insurance and Lenders Mortgage Insurance. The remaining businesses to be sold include Westpac Life Insurance, Auto Finance and its superannuation ... |
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