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‘Unwise’ to erode lending standards

Now is not the time to backtrack on lending policies, APRA chief Wayne Byres warned on Friday.

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YBR finalises securitisation deal

Yellow Brick Road has pulled of the securitisation deal it has been seeking for some time, one which executive chair Mark Bouris believes will set…

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Credit policies all over the shop in mortgages

Major banks need to lower their pricing to reduce the level of refinancing, Macquarie Securities argue in research informed by shadow shopping.

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ASIC seeks return legal bout over Westpac lending

ASIC is digging in for a further protracted court battle against Westpac over the bank’s responsible lending record.

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Westpac tests lower mortgage rates

Westpac and its subsidiary banks have launched an aggressive round of mortgage interest rate cutting, with reductions of as much as 130 basis points.

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New mortgage lending blossoms

July produced the strongest monthly increase in new lending commitments since October 2014 – all down to mortgage lending – a trend that suits many…

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Fixed rates lead the rate cuts

Mortgage interest rates continued to fall in August, even though there here has been no changes to the cash rate since July. Comparison sites are…

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Broker best interest bill under fire

The government’s plan to impose a best interest duty on mortgage brokers has come under fire for being selective in its application, with inconsistent exclusions….

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YBR takes alternative path

Lending volume was down 19 per cent and revenue fell 7 per cent at Yellow Brick Road.

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ASIC says mortgage brokers must demonstrate value

After following 300 Australians through the process of taking out a home loan and surveying another 2000, ASIC says consumers are suffering because of a…

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