The Australian Mortgage Market
The Australian Mortgage Market
This paper examines the competitive mortgage market in Australia.
1,413 words (
approx. 5.7 pages) |
4 sources |
MLA | 2007
Paper Summary:
The paper discusses how the Australian mortgage market is a very competitive market, with many types of financial institutions offering their products to corporate and individual customers. The paper examines the three major sources of commercial mortgage loans that include banks, independent mortgage brokers and banking franchises. The paper explores the availability of commercial loans, types of commercial mortgages and credit costs.
Outline:
Introduction
Market status
Availability of Commercial Mortgages
Types of Commercial Mortgages
Credit Costs of Australian Commercial Mortgages
Conclusions
From the Paper:
"The third force of the mortgage market is given by the competition between the loan sources. There are three major sources of commercial mortgage loans: banks, independent mortgage brokers and banking franchises."
"Among the most renowned banks that offer loans for commercial acquisitions are Citibank, ANZ Bank, ING Bank, Australian First Mortgage or IMB Banking and Financial Services, who offer their customers complete service packages from counselling up to credits."
Sample of Sources Used:
- Delloite Report on the Australian mortgage market, in 2005 'Australian mortgage market at a crossroad'http://www.deloitte.com/dtt/cda/doc/content/Australian%20Mortgage%20Industry%20Report.pdf
- Credit Risk Management, Office of the Comptroller of the Currency, National Credit Union Administration,www.ncua.gov/letters/2005/CU/05-CU-07-encl.pdf, last accessed on April 27, 2007
- ANZ Bank, Business Borrowing, ANZ Business Equity Loan http://www.anz.com/nz/business/Business_Borrowing/Business_Lending/Equity_Loans.asp, last accessed on April 27, 2007
- IMB Banking and Financial Services, IMB Professionals Mortgage Loan, 2007http://www.imb.com.au/AboutIMB/History.asp?ngref=http%3A%2F%2Fwww%2Egoogle%2Ecom%2Fsearch%3Fhl%3Den%26q%3DIMB%2BBanking%2Band%2BFinancial%2BServices%2Baustralia%26btnG%3DSearch, last accessed on April 27, 2007
The Australian Mortgage Market (2012, January 15). Retrieved February 10, 2012, from http://www.academon.com/Term-Paper-The-Australian-Mortgage-Market/97642
"The Australian Mortgage Market" 15 January 2012. Web. 10 Feb. 2012. <http://www.academon.com/Term-Paper-The-Australian-Mortgage-Market/97642>