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Showing 81 - 90 of 121 results for "Reverse mortgage"

ANZ to offer Over Fifty Group reverse mortgages

HAMISH MADDEN  |  TUESDAY, 19 DEC 2006
The Over Fifty Group has just announced that it will begin piloting a reverse mortgage product with the Australia and New Zealand Banking Group (ANZ). ANZ will begin offering Over Fifty Group reverse mortgages as soon as today in selected areas as part ...

BankWest and ABN AMRO win Best of the Best reverse mortgages

ALEX DUNNIN, HAMISH MADDEN  |  MONDAY, 11 DEC 2006
... Best of the Best award for reverse mortgages sold by banks while ABN AMRO won the award for the best non-bank reverse mortgage. Macquarie and CommBank came in second and third for the banks while Bluestone and the Over Fifty Group came second and third ...

Reverse mortgages better than starvation

ALEX DUNNIN  |  FRIDAY, 3 NOV 2006
Reverse mortgage products may not be the ideal product but they are better than starvation, and if they can help someone finally fix that bathroom the quality of life benefits can be huge. "The problem is they can be seen as admission of abject failure ...

Keating laments missed super opportunities

HAMISH MADDEN  |  MONDAY, 30 OCT 2006
Australia's stop-start superannuation reforms in the last decade, that have focused more on choice rather than actually boosting savings, have cost hundreds of billions of dollars in missed savings opportunities and we are only now starting to catch ...

Don't bury reverse mortgages in regulation: Martin

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
... retirement by helping them to access their own illiquid capital. He added that if the obsession with regulation and reverse mortgage doom and gloom continued the industry would be dead in the water, denying seniors an important option for financing their ...

Reverse mortgage regulation lacks cohesion

HAMISH MADDEN  |  TUESDAY, 24 OCT 2006
Regulation is one of the key talking points around the equity release and reverse mortgage industry, but the Senior Australians Equity Release Association of Lenders (SEQUAL) conference last week heard that no one body yet has the jurisdiction to regulate ...

Bluestone crossing the Tasman for NZ equity release

HAMISH MADDEN  |  MONDAY, 23 OCT 2006
... in need of equity release solutions and he expected the market to develop strongly. "We expect the New Zealand reverse mortgage market to develop strongly, as consumers increasingly consider their home as a financial asset which needn't necessarily be ...

FSR style licensing regime for mortgage brokers

WWW.THESHEET.COM  |  MONDAY, 23 OCT 2006
... protection. Anyone in government would tell you that. We know that levels of financial literacy are low." The $1 billon reverse mortgage market has attracted plenty of attention from regulators in the past couple of years because of its high growth rate. ...

Reverse mortgage sector picking up pace

HAMISH MADDEN  |  THURSDAY, 19 OCT 2006
In the first comprehensive study undertaken on the Australian reverse mortgage industry, actuarial firm Trowbridge Deloitte reported that the sector had doubled its value in the last 18 months as the reverse mortgage products gained traction. The study ...

Home equity needs to be part of retirement strategy

HAMISH MADDEN  |  TUESDAY, 26 SEP 2006
Recently re-branded financial services provider Over Fifty Group has published a paper pushing for a paradigm shift around home equity release, claiming bricks and mortar savings could plug the retirement savings gap. Over Fifty Group compiled the Commentary ...