The Mike Pero Mortgages prospectus shows its founder is being handsomely rewarded for creating a successful business way beyond just the purchase price.

Despite continuing expectations of a slowdown, the latest housing consents figures showed them running at their highest level in March for any March month since 1976.

The Bank of New Zealand’s current aggressive anti-mortgage broker advertising is "a bit of a back-handed compliment" to brokers, Mortgage Brokers Association chairman Brian Berry reckons.

Dave Shatford has been appointed Approved Mortgage Brokers new chief executive following his purchase of co-founder Karl Baker’s stake in the company.

The latest housing sales figures appear to put paid to any notion that the housing market may be cooling.

Wholesale residential mortgage funder Australian Mortgage Securities says that after five years in the New Zealand market its mortgage portfolio here has exceeded $1 billion.

Bancorp's merger and arbitrage fund is sitting on the sidelines although takeover activity is ripe in the market.

ANZ Bank is in the process of setting up a mortgage selling franchise network in Australia.

The housing market still has some way to go before the current boom is over, according to Kieran Trass at Hybrid Consulting.

While the debate on whether it is appropriate for mortgage brokers to promote their services as "free" to their customers has flared recently in New Zealand, it appears the Australian industry is about to decide such claims aren’t kosher.

The New Zealand Mortgage Brokers Association’s (NZMBA) progress towards establishing a broader industry-wide organisation is continuing with the current focus on the accreditation process.

Previous tentative signs of a housing market slowdown appear to have reversed in the latest figures on sales of existing homes.

While some may have written off any role for the internet in selling home loans, one website is quietly beginning to gain traction.

The Reserve Bank surprised the market for a third consecutive time yesterday.

Economists are divided as to whether Reserve Bank governor Alan Bollard will raise rates again when he releases his latest monetary policy statement on Thursday, but most think it will be a close call.