Australia's financial system is 'fundamentally sound': APRA

Australia's financial system is 'fundamentally sound': APRA

APRA's chairman has said that the financial system in Australia is fundamentally sound, but he was willing to work on improvements. APRA chairman
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AAG CEO Talks Challenges for HECM, Promise of New Approach

Reverse mortgage leader AAG has had an eventful year. In 2018 alone, the company has moved to a more product-agnostic model as a full retirement
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Mica scandal: Family living in 'falling down house' finds out mortgage has been sold to vulture fund

Faced with a choice between paying for repair work to save his home from being condemned and keeping up his monthly mortgage payments, Karl
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EXCLUSIVE: Alan Young returns to conveyancing with Aventria Group

Aventria is a conveyancing panel management solution which has worked with a major mortgage broker in the UK for the past four years, as well as
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Western Asset Mortgage Capital (NYSE:WMC) Downgraded by ValuEngine to Sell

Western Asset Mortgage Capital (NYSE:WMC) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a
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3 Signs You're Not Ready To Buy A Home

While FHA loans that only require 3.5% down make it easy to cover the down payment, they often result in high monthly mortgage payments and the
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Residential building downturn to curtail home supply

Providing enough new home supply in the country may be more difficult, as industry group Master Builders Australia revealed that residential building
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WHEDA to Unveil New Mortgage Program

Executive Director of the WHEDA Wyman Winston will be in Wausau on Monday afternoon to announce details of a new renovation mortgage loan.
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M3 makes announcement at National Mortgage Conference

M3 launched Innovation Lab yesterday on the tradeshow floor of the National Mortgage Conference in Montreal. Innovation Lab is touted as
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Banking scandals 'biggest wake-up call in corporate history': Labor

Labor leader Bill Shorten has called on the government to extend the financial services royal commission, stating that the banking scandals were “the
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Mortgage delinquency rates to see 'moderate' increase through 2019: Moody's

Mortgage delinquencies will rise “moderately” in NSW and Victoria over the next year as the housing market weakens and repayment burdens rise
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Mortgage rates climb despite volatile stock market

Mortgage rates inched forward during the week ending Oct. 25, increasing slightly across the board, according to the Primary Mortgage Market Survey
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China 2025 Plan Remains a Stumbling Block as Trump Meeting Looms

… targets for Chinese companies to seize domestic and global market share and even says implementation must be dominated by markets, the Green
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Mortgage Express announces JV with Astute Financial Management

Astute Financial Management a leading organisation in financial services will embark on a joint venture with Mortgage Express in order to provide a
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Falling property prices pile pressure on delinquent loans

Ratings agency Standard and Poor's (S&P) expects that mortgage arrears, especially among borrowers with high loan-to-value (LTV) ratios, will be
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Declining property prices a boon for first home buyers

It's never been a better time to be a first home buyer. According to QBE's Australian Housing Outlook 2018-2021, property prices in Sydney and
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On the Move: American Advisor Group locates office downtown

The reverse mortgage has no payments, Weltman said. The payments are … His late father received a reverse mortgage loan in 2007, Weltman said.
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Leadership Switch Fails to Boost Australian Government in Polls

Just over two months since Australia's government dumped Malcolm Turnbull as prime minister and replaced him with Scott Morrison, voters remain
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East of the Anacostia, where there are no hotels, Airbnb has been a boon for property owners and …

But critics say Airbnb has exacerbated the city's affordable housing crisis by removing some rental housing from the market. And they back pending
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Back from the brink: Home Capital faces heated competition, cooler markets

That's partly a response to the vulnerability of Home Capital, which had been Canada's clear leader in “near-prime” mortgage lending until last year's
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