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Stories tagged with: mortgage
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, 15 hours ago
Australia's own lending fraud...
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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, 14 hours ago
Subprime in Australia
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YouTube: David Mc Williams on Irish Housing Bubble
A video from 2003 of David McWilliams talking about the Irish Housing Bubble. Almost everything he says seems applicable to Australia today.
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Property Loans Halted in China’s 2nd and 3rd-Tier Cities; Is China’s Spectacular Real Estate Bubb
http://howestreet.com/2011/07/property-loans-halted-chinas-2...
Submitted by PeteD
22 months, 1 week, 1 day, 14 hours ago
"Commercial banks are halting individual property loans in the face of tightening monetary policy and limited lending quota"
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Bank boss questions gearing
http://www.theage.com.au/business/bank-boss-questions-gearin...
Submitted by PeteD
24 months, 1 day, 13 hours ago
"ANZ Australian chief executive Phil Chronican" discusses negative gearing and Australian house price growth.
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China developers to write down asset values
http://www.marketwatch.com/story/china-developers-to-write-d...
Submitted by PeteD
24 months, 3 days, 11 hours ago
"Falling land prices may prompt Chinese property developers to write down the value of their assets, forcing a sober reassessment for those with vast land holdings"
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The Henry Review reviewed: part 2
http://tunswblog.blogspot.com/2011/05/henry-review-reviewed-...
Submitted by PeteD
24 months, 3 days, 11 hours ago
A good blog article regarding taxation in relation to property - particularly negative gearing and how the Henry Review addressed it (includes some good charts)
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Banks slash loan rates
http://www.theage.com.au/business/banks-slash-loan-rates-201...
Submitted by PeteD
24 months, 5 days, 10 hours ago
"HOME owners are being offered bigger discounts on increasingly large mortgages as banks seek to breathe life into the flagging lending market." (including reduced deposits)
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Reverse mortgages on the rise for retirees
http://www.abc.net.au/news/stories/2011/05/25/3226833.htm
Submitted by PeteD
24 months, 1 week, 3 days, 7 hours ago
"...$3 billion is now being borrowed against family homes in reverse mortgages, and that is an increase of more than 10 per cent in a year... there are strong signs that older Australians are using the financial product to make up for inadequate planning for their retirements"
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GE Capital near $5 bln Australia mortgage portfolio sale -sources
http://www.reuters.com/article/2011/05/24/gecapital-australi...
Submitted by PeteD
24 months, 1 week, 3 days, 13 hours ago
"GE, which is winding down its mortgages book in the region given high cost of funds, is selling prime mortgages, sub prime mortgages and the New Zealand book."
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