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Showing 61 - 70 of 123 results for "Reverse mortgage"

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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 21 SEP 2007
The Australian sharemarket is expected to open lower today after a weak lead from Wall Street, as surging oil prices and a tumbling dollar rekindled inflation worries. At 0810 AEST on the Sydney Futures Exchange, the September Share Price Index was ...

SEQUAL toughens 'no negative equity' rules

CHRIS NICHOLLS  |  WEDNESDAY, 22 AUG 2007
Reverse mortgage lenders group SEQUAL has released an improved code of conduct, tightening conditions on 'no negative equity guarantees' and providing better protection to retirees. The new minimum standards for the mandatory 'no negative equity guarantee' ...

Over Fifty Group offers reverse mortgage courses

CHRIS NICHOLLS  |  FRIDAY, 3 AUG 2007
Over Fifty Group (OFG) and SEQUEL have partnered up to provide reverse mortgage accreditation courses for brokers and planners. Driven by the growing popularity of reverse mortgages and equity release products, as well as growing pressure from consumer ...

New reverse mortgage broker group sets sail

CHRIS NICHOLLS  |  MONDAY, 30 JUL 2007
New independent reverse mortgage broker network Fortus launched today, offering what it called a 'strict code of conduct' to safeguard retirees considering a reverse mortgage. Comprised of more than 40 brokers in New South Wales, Queensland, Victoria ...

SEQUAL to boost reach through education

CHRIS NICHOLLS  |  TUESDAY, 19 JUN 2007
Reverse mortgage industry body SEQUAL has appointed Kevin Conlon as head of education as part of a bid to boost the reach and understanding of reverse mortgages by brokers and planners. This focus on education comes as the Australian Securities and ...

ASIC watching reverse mortgage materials

HAMISH MADDEN  |  TUESDAY, 5 JUN 2007
The Australian Securities and Investments Commission (ASIC) has called on reverse mortgage brokers to ensure advertising and promotional material is clear and not likely to mislead after citing five cases of problematic marketing. With the reverse mortgage ...

Boomers can be choosers

Investment product design expert Paul Resnik has urged financial planners to abandon traditional methods of providing financial advice if they want to establish a meaningful relationship with their clients. Speaking at the Rainmaker Marketing Symposium ...

Reverse mortgages jump 80 per cent to $1.5 billion

WWW.THESHEET.COM  |  TUESDAY, 17 APR 2007
Australia's emerging reverse mortgage market is growing at 80 per cent a year, the consulting actuary Deloitte Trowbridge reported yesterday. The country's 16 reverse mortgage lenders had $1.5 billion of loans on their books at December 31, up from ...