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Genworth product to back selected FHBs

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Australian Broker | 31 Oct 2011, 05:00 AM Agree 0
Mortgage insurer Genworth has flagged new product innovation to drive mortgage growth in a lacklustre credit market, including the imminent release of a 'graduate program' targeting first homebuyers
  • frank | 31 Oct 2011, 11:59 AM Agree 0
    has anyone actually done the maths on a 40 year hoeme loan? the reduction in repayments hardly warrants the impost of an additional 10 years worth of added interset.
  • Papery01 | 04 Nov 2011, 02:31 PM Agree 0
    Try this novel idea...lets allow credit managers to make common sense decisions based on the individual merits of the specific borrowers real life circumstances & stop forcing credit assessors to make a one size fits all decision in the very few minutes that credit scoring & corporate time in motion studies allow them.

    Most of the ideas touted here only serve to support already inflated house prices....yeah lets move the goal post to make sure that whats already unaffordable becomes affordable so that eventually it can again become unaffordable!
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