Foreign banks lending on UK shores
While foreign banks fled Australian shores due to the GFC, they are returning to the UK due to reduced competition, according to reports
Time ripe for comprehensive credit reporting: ABA
If the National Consumer Credit Protection Bill 2009 will include responsible lending obligations, then according to The Australian Bankers' Association (ABA) more comprehensive credit reporting must be put in place at the same time.
FAST, nMB add credit reports to toolbox
Brokers at aggregators FAST and National Mortgage Brokers (nMB) will be able to check the credit worthiness of their clients prior to submitting a mortgage application, after both signed agreements with credit bureau, Veda Advantage.
On Broker news TV this week
Melos Sulicich, CEO of RAMS
In an exclusive interview with brokernews the CEO of RAMS tells us the career path he followed to get to this new challenging position and discusses a number of additional topics such as how the mortgage industry has evolved, and what the government is doing to foster greater competition within the industry
Australian firms optimistic about recovery: reports
Australian firms are substantially more optimistic now than in the previous quarter, according to Dun & Bradstreet's latest Business Expectations Survey.
Fixed rate home loans to rise
Sixty percent of new fixed rate home loans in Australia are expected to rise in the next week, according to comparison website, RateCity.