CommBank and Bankwest tighten refinancing lending for property investors

CommBank and Bankwest tighten refinancing lending for property investors

The Commonwealth Bank and its subsidiary, Bankwest, are aiming to slow lending to property investors, by putting a stop to new lending for investors
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Fintech MarketInvoice is 'taking the fight to the banks' and targeting £900 million in lending this year

MarketInvoice announced on Thursday that it hopes to reach £2 billion in total lending by the end of 2017, which would represent £900 million in
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Here's the Latest Crack in the Trump Economy

According to new data from research website Bankregdata, bank lending slowed in the final three months of last year. In the fourth quarter, loan
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Bethenny Frankel's Real-Estate Reboot

While her personal life has been making tabloid headlines, the reality-television celebrity has been assembling a real-estate portfolio that reflects
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Wicks and Pierce Author Article on Direct Lending

Direct lenders were virtually non-existent in Europe in 2005. In 2015, they raised nearly US$19 billion and held more than US$42 billion in unspent
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CBA joins Bankwest in restricting investor loans

The crackdown on lending came as mortgage insurer Genworth reported a 25 per cent fall last year in gross written premiums. Net income fell 11 per
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Mortgage Rates Doing Very Well This Week

Mortgage rates fell for the third straight day today. Each day has seen moderate improvement. Taken together, they add up to a strong move lower
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CFPB: Mortgage Payment Issues a Top Complaint

“Today's snapshot shows that consumers continue to report running into issues when making payments on their mortgages or when trying to
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Non-major halts new investment lending

Bankwest has announced it will slam the brakes on new investment lending and bring in additional charges for existing loans for property investors.
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Three Valley men charged in mortgage fraud scheme

McALLEN — Three Rio Grande Valley businessmen were charged with federal wire fraud Wednesday for running a “second chance” financing
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Bankwest discontinues property investment lending to new customers

It is widely suspected, however, that the bank has exceeded, or is close to exceeding, the Australian Prudential Regulation Authority's 10% lending
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