Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Poll: Are arrears rates in your area that bad?

Notify me of new replies via email
Australian Broker | 11 Sep 2012, 07:30 AM Agree 0
Recent studies show arrears rates are increasing, particularly for low-doc loans. Do you agree? Have your say in our online poll now
  • Country Broker | 11 Sep 2012, 10:48 AM Agree 0
    In Regional VIC the trend is not that bad it seems stable with very few mortgagee auctions in our area.
    Ratings agencies ALWAYS highlight the worst trend as that is how they justify their existence it was a pity the US the parents of Fitchs and other ratings agencies could not highlight concerning trends in the markets before the GFC instead of giving toxic Mortgage Backed securities AAA ratings . how quickly we all forget .
  • PeterT | 11 Sep 2012, 12:24 PM Agree 0
    What arrears rate? My book rate is 0% on 30 & 60 days and always has been. Clients and securities are Australia wide.
Post a reply