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Broker settlements hit new high for March quarter


Broker settlements hit new high for March quarter
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The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the quarter rising to 57.5 per cent.
According to the latest data released by research group comparator (a CoreLogic business) and commissioned by the Mortgage & Finance Association of Australia (MFAA), in the three months to March 2021, the value of new settlements increased 27 per cent year-on-year to reach a new record for the period.
A whopping $62.2 billion of residential mortgages were settled by brokers in the first quarter of the calendar year, a significant increase on March 2020 figures, when the value of settlements rose 37.5 per cent to $49 billion. ....

Mike Felton , Annie Kane , Mortgage Finance Association Of Australia , Finance Association , Elite Broker , Adviser Live , மைக் ஃபெல்டன் , அன்னயே கேன் , அடமானம் நிதி சங்கம் ஆஃப் ஆஸ்திரேலியா , நிதி சங்கம் , உயரடுக்கு தரகர் ,

Duo admit defrauding wealthy overseas investor in multimillion-dollar Hobsonville property scam


Duo admit defrauding wealthy overseas investor in multimillion-dollar Hobsonville property scam
14 May, 2021 01:15 AM
4 minutes to read
Wen Ting Zhang (left) and Jian Long defrauded a wealthy foreign investor with a property ruse. Photo / Jason Oxenham
Wen Ting Zhang (left) and Jian Long defrauded a wealthy foreign investor with a property ruse. Photo / Jason Oxenham
An immigration adviser and finance broker have admitted defrauding a wealthy overseas investor of millions of dollars in an Auckland real estate ruse.
Jian Long and Wen Ting Zhang appeared this morning in the High
Court at Auckland where they pleaded guilty to what Justice Mathew Downs described as five species of fraud . ....

New Zealand , New Zealand General , Scott Point , Justice Simon Moore , Harrison Grierson , Duthie Whyte , Simon Head Associates , Wow Development , Wen Ting Zhang , Justice Mathew Downs , Development Limited , Amicus Law , Simon Head , Land Information New Zealand , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , ஸ்காட் பாயஂட் , நீதி சிமோன் மூர் , டூதி வைட் , நீதி மேத்யூ தாழ்வுகள் , வளர்ச்சி வரையறுக்கப்பட்டவை , அமிகஸ் சட்டம் , சிமோன் தலை , நில தகவல் புதியது ஜீலாந்து ,

Key decision looms for Halifax investors as shortfall blows out to A$44.6m


Key decision looms for Halifax investors as shortfall blows out to A$44.6m
13 May, 2021 05:00 PM
4 minutes to read
More than 2000 New Zealand investors have been caught up in the collapse of Halifax Investment Services. Photo / File
More than 2000 New Zealand investors have been caught up in the collapse of Halifax Investment Services. Photo / File
A decision on exactly how the money tied up in failed investment broker Halifax Investment Services will be divvied up is due soon but regulators have yet to take action against its directors more than
two years after its collapse.
The Australian company and its 70 per cent-owned New Zealand subsidiary Halifax New Zealand went into administration in 2018 and then liquidation in March 2019. ....

New Zealand , Veronica Aris , Andrew Gibbs , Jeffrey Worboys , Financial Markets Authority , Halifax Investment Services , Halifax New Zealand , Interactive Brokers , Christopher Weir , Australia New Zealand , Corporations Act , Mo Ney , புதியது ஜீலாந்து , வெரோனிகா அரிஸ் , ஆண்ட்ரூ கிப்ஸ் , நிதி சந்தைகள் அதிகாரம் , ஹாலிஃபாக்ஸ் முதலீடு சேவைகள் , ஹாலிஃபாக்ஸ் புதியது ஜீலாந்து , ஊடாடும் தரகர்கள் , கிறிஸ்டோபர் வீர் , ஆஸ்திரேலியா புதியது ஜீலாந்து , நிறுவனங்கள் நாடகம் ,