Firstmac completes $300m auto ABS issue

December 3, 2023by

Non-bank lender Firstmac has successfully completed a $300 million auto asset-backed security (ABS) issue. The lender stated that the issuance...

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Dynamoney appoints new chairman 

December 3, 2023by

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy. ...

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CBA mortgage book holds steady in October: APRA

December 3, 2023by

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines. ...

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November property prices hit record highs

December 3, 2023by

CoreLogic’s latest national Home Value Index (HVI) rose by 0.6 per cent in November, marking the smallest monthly gain...

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Auswide Bank appoints next CEO 

December 3, 2023by

The lender has revealed its next managing director and chief executive officer. ...

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Mortgage rates should drop below 7% as housing demand picks up

December 3, 2023by

Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it...

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RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026

December 3, 2023by

Despite interest rates having been elevated for over a year, Canada’s largest bank said the bulk of the impact...

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How the reverse mortgage servicing space is embracing AI

December 2, 2023by

The servicing of reverse mortgages is far more nuanced than conventional loans, with many moving regulatory parts that impact...

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‘The Daily Show’ takes aim at reverse mortgages and…horses?

December 2, 2023by

It doesn’t happen every day, but it appears that some comedians have turned their attention to reverse mortgages. In October,...

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Home Loans And Your Credit Scores

December 2, 2023by

December 1, 2023 What can borrowers expect from an American economy trying which is STILL in the process of recovering...

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