Loan star

Article Abstract:

Alister Jeffery's Bluestone is one of the largest lenders to small businesses in Australia, including those trying to fund a tax debt and consolidate various debts into a single loan. It has launched a new equity release product, which allows retirees to unlock the value of their home by providing loans that capitalize the interest payments and the company is one of the fastest growing businesses in Australia, establishing a loan book of more than $2 billion.

Management dynamics, Executive changes & profiles, Management, Officials and employees, Chief executive officers, Company business management, Jeffery, Alister, Bluestone Group Proprietary Ltd.

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Caught out: how the banks mortgaged their credibility

Article Abstract:

Secret tapes have revealed that major Australian banks were helping real estate tycoons to sell property at inflated prices, thus raising issues related to the credibility of the banks. Marketing officials of the real estate tycoons convinced ordinary, middle-class Australians to purchase property, where the banks knowingly provided loans for the highly over-priced property without appropriate evaluations, thereby cheating their customers.

Financial management, Personal credit institutions, Other Activities Related to Real Estate, Nondepository Credit Intermediation, Lending Services, REAL ESTATE, Real Estate Services, Evaluation, Finance, Real estate industry, Loans, Company financing

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Mortgage crisis: easy money

Article Abstract:

The teaser low interest rates from lenders that lured even borrowers with poor credit histories to buy 'affordable' housing are discussed.

United States, Residential Building Construction, Commodity & service prices, Housing incl Mobile Homes, Prices and rates, Housing, Dwellings, Company pricing policy, Home equity loans

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