Property valuers pressured into inflating prices 18 February 2008 5:48PM When evaluating the methods of house valuation, the general consensus with market participants from valuers to banks to software vendors is that a full valuation by an experienced and qualified valuer.. read more
ANZ boosts productivity with more valuations online 18 February 2008 5:47PM Australia and New Zealand Banking Group recently installed the valuation initiation system from Sandstone as a valuation decision-making tool to increase valuation turnaround times and reduce costs. V.. read more
AVMs only an aid in Commonwealth valuations 18 February 2008 5:45PM Australia's biggest residential lender, Commonwealth Bank, holds close to a fifth of all Australian mortgages, or around $171 billion of receivables. read more
CBA contract the making of Valex 18 February 2008 5:43PM Valuation Exchange conducted around 250,000 valuations during the 2007 financial year, with volumes strongly increasing in the second half thanks to the business of Commonwealth Bank (the first major.. read more
Fitch fine with AVMs on low LVRs 18 February 2008 5:41PM Recent global market turbulence stopped securitisation markets dead, although a market is beginning to develop again for residential mortgage backed securities with solid underlying assets, albeit at.. read more
First Title brings a property valuation guarantee to Australia 18 February 2008 5:39PM First Title will offer guaranteed valuation protection for seven years under the FastVal brand, which is effectively insurance against an incorrect AVM property valuation, when valued retrospectively. read more
Credit Corp chief tastes the medicine 15 February 2008 5:23PM Credit Corp expects its second half profit to be slightly worse than its first half profit, with the full details of the latter disclosed yesterday, three days after a profit warning that slaughtered.. read more
CUBS positioned to avoid margin pressure 15 February 2008 5:21PM Speaking at a panel yesterday Paul Lahiff, chief executive officer Mortgage Choice, said "the answer is yes", when asked if, given the fact that some building societies and credit unions traditionally.. read more
CommSec margin lending flies 14 February 2008 5:51PM CommSec recorded growth in average monthly trade volumes of 42 per cent over the last six months, partly helped by the takeover of IWL in late November. read more
Commonwealth claws back mortgage market share 14 February 2008 5:51PM Commonwealth Bank contends that it's regaining lost ground in the mortgage market, and said it recorded nine consecutive monthly market share gains through to December 2007. read more