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The LMI canary ?
http://www.macrobusiness.com.au/2012/12/the-lmi-canary/
Submitted by cij
5 months, 1 week, 1 day, 20 hours ago
"In Australia Genworth and QBE are on the hook for approximately $600bn worth of mortgages and by their very nature are the riskiest loans. The issue is that these companies only have around $5bn in capital, that is a ratio of 0.8%."
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Whistleblower claims widespread loan fraud
http://www.abc.net.au/7.30/content/2012/s3588975.htm
Submitted by cij
8 months, 1 week, 6 days, 21 hours ago
Australia's own lending fraud...
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Neither a borrower nor a home owner be
http://afr.com/p/opinion/neither_borrower_nor_home_owner_Wj3...
Submitted by cij
8 months, 3 weeks, 6 days, 17 hours ago
Finally, articles like this are appearing on the MSM.
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Australia faces its sub-prime mortgage scandal
http://www.abc.net.au/7.30/content/2012/s3566922.htm
Submitted by cij
9 months, 1 week, 6 days, 21 hours ago
Subprime in Australia
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Buyers who refuse to buy
http://smh.domain.com.au/blogs/domain-investor-centre-blog/b...
Submitted by cij
9 months, 3 weeks, 6 days, 18 hours ago
This type articles in the MSM is the property industry's worst nightmare.
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Housing shortage may, in fact, be a glut
http://www.smh.com.au/business/housing-shortage-may-in-fact-...
Submitted by cij
10 months, 5 days, 22 hours ago
Finally, the MSM is waking up.
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Property glut to keep prices falling
http://www.abc.net.au/news/2012-07-12/property-market-doldru...
Submitted by cij
10 months, 2 weeks, 1 day, 17 hours ago
Where's the housing shortage?
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Home owners face repayment disaster
http://www.smh.com.au/money/home-owners-face-repayment-disas...
Submitted by cij
10 months, 2 weeks, 5 days, 15 hours ago
Australia's own sub-prime?
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Housing shortage all smoke and mirrors
http://www.theage.com.au/business/housing-shortage-all-smoke...
Submitted by cij
11 months, 4 days, 6 hours ago
Amazing that the mainstream media is printing this!
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Home prices ignore rate cuts
http://www.smh.com.au/business/home-prices-extend-national-r...
Submitted by cij
11 months, 3 weeks, 6 days, 19 hours ago
ZIRP for Australia?
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