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Articles 45 through 53 of 53 matching your search criteria.

AID FOR HLP AND LAWTEAL FROM MOBIUS: 01 November 2006 12:00am

Mobius Financial Services has shed some light over the sources of new business for one of the newer providers of residential and business loans. The pre-sale report by Fitch Ratings over the planned sale of $450 million in mortgage-backed securities by a Special purpose trust shows that Mobius sources a little more than 50 per cent of business under its white-label program with mortgage managers; a third from funding loans for HLP, a specialist provider of non-conforming loans, and the balance from Lawteal, a provider of short-term to medium-term business loans. » read more »

FIRST PERMANENT AND ST GEORGE REDUCE VARIABLE RATES: 19 September 2006 12:00am

Price competition has emerged over the last couple of weeks in the no deposit home loan segment, not that there are many providers. » read more »

CONSUMER ARREARS BUG TECHLEASE AND MOBIUS: 10 July 2006 12:00am

Technology Leasing, the sole originator of consumer finance receivables for a trust managed by Mobius Financial Services, appears to be encountering more than its fair share of bad debts, with one eighth of such loans many months in arrears. » read more »

COMMERCIAL LEASE ARREARS HIGH AT ONQ, ENTERPRISE FINANCE AND TECHLEASE: 10 July 2006 12:00am

Mobius Financial Services, on the face of it, has some collections issues with its primary originators of commercial leases as well. The Fitch Ratings pre-sale report on the planned sale of $150 million in bonds by the Mobius ELR-01 Trust shows that more than 90 per cent of the leases are commercial leases, with 5.7 per cent of all leases in arrears by more than 30 days. » read more »

Where to go for HLP: 11 October 2005 12:00am

The average home loan originated by mortgage manager HLP over the course of this year is $486,000, close to two and a half times the size of loans advanced by the typical lender in the Australian mortgage market. » read more »

Mobius aims at near prime': 11 October 2005 12:00am

Angelo Malazis , chief executive at Mobius Financial, said Mobius' aim was to stretch the "two dimensional view of the market" taken by orthodox lenders providing standard variable and discounted home loans at 7.3 per cent or less, with a second category of lenders providing home loans at a substantial premium to the standard rate. Liberty and Bluestone are the primary lenders in this second segment of the market. » read more »

AFIG selling bonds, not shares: 25 June 2004 12:00am

Australian Mortgage Securities, the funding arm of the Australian Financial Investment Group, has filed a prospectus with the US SEC to sell $1.6 billion in mortgage-backed bonds in a global deal over the next few weeks. The bond pool includes "low doc" loans equal to 10 per cent of the pool. » read more »

Allco, Record eye Interstar: 11 July 2003 12:00am

Interstar may soon have a new owner, once Zurich Capital Markets, which controls an option to take ownership of Zurich, is formally placed on the market. » read more »

Pepper's first loan pool already delinquent: 13 March 2003 12:00am

The first securitisation of home loan from sub prime, or non conforming, lender Pepper Home Loans provides a reminder of the borderline credit quality of a sizeable slice of borrowers in this sector, with more than six per cent of loans in the $184 million loan pool already behind on payments. » read more »

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