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Betting the house: investors demand higher premiums for risky Australian mortgage bonds – David Bailey, chief executive of mortgage broker and RMBS-issuer Australian Finance Group, said demand for the products remained very strong despite some change to the returns in the lower tranches..
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Caution urged for first-home buyers – After years of being locked out of housing, first-home buyers are finally starting to see opportunities thanks to property prices falling in Australia’s biggest markets, Sydney and Melbourne..
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Banks will deny claims mortgage brokers create ‘systemic risks’ – Banks will deny mortgage brokers create systemic risks for borrowers. Jason South It will be drawing on recent reports on the sector by the Australian Securities and Investments Commission and the.