Reverse equity mortgages
SBS Bank focusing on first home buyer, consumer and reverse equity lending as it calls time on rural lending and pulls back on commercial lending
4th Jun 21, 10:03am
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SBS Bank focusing on first home buyer, consumer and reverse equity lending as it calls time on rural lending and pulls back on commercial lending
RBNZ kicks plans to develop specific bank capital requirements for reverse mortgages into touch, for now
19th May 15, 6:04am
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RBNZ kicks plans to develop specific bank capital requirements for reverse mortgages into touch, for now
SBS striving to offer greater value to its members as profit, home loan book grow strongly in December quarter
27th Feb 15, 2:00pm
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SBS striving to offer greater value to its members as profit, home loan book grow strongly in December quarter
Heartland Bank meets profit target with $23.5 million interim but says reverse equity operations achieved lower than expected new levels of business
23rd Feb 15, 9:25am
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Heartland Bank meets profit target with $23.5 million interim but says reverse equity operations achieved lower than expected new levels of business
Heartland Bank sees half-year profit of up to $24 mln, annual profit of up to $48 mln
28th Jan 15, 9:26am
Heartland Bank sees half-year profit of up to $24 mln, annual profit of up to $48 mln
Heartland Bank holds to formation goal of doubling asset base in 5 years, but sees acquisitions as key
26th Aug 14, 4:00pm
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Heartland Bank holds to formation goal of doubling asset base in 5 years, but sees acquisitions as key
Heartland Bank lifts 2014-15 profit guidance, to continue eyeing acquisition opportunities, mulling capital management options
25th Aug 14, 10:48am
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Heartland Bank lifts 2014-15 profit guidance, to continue eyeing acquisition opportunities, mulling capital management options
Reverse mortgage market did not grow in New Zealand in 2013, with loan numbers falling for seventh straight year; average loan size grows however
25th Aug 14, 9:27am
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Reverse mortgage market did not grow in New Zealand in 2013, with loan numbers falling for seventh straight year; average loan size grows however
Annual results from two contrasting banks due this week
24th Aug 14, 3:00pm
Annual results from two contrasting banks due this week
Heartland Bank sees annual profit near the top of its previously forecast range, eyeing acquisitions and capital management options
7th Aug 14, 11:17am
Heartland Bank sees annual profit near the top of its previously forecast range, eyeing acquisitions and capital management options
Legacy property portfolio selling faster than expected, Heartland Bank says, but no upgrade to 2014 or 2015 profit forecasts
19th Jun 14, 5:21pm
Legacy property portfolio selling faster than expected, Heartland Bank says, but no upgrade to 2014 or 2015 profit forecasts
Lenders face duty of care, borrowers more questions and potentially credit tap being turned off, in new anti loan shark law
29th May 14, 2:57pm
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Lenders face duty of care, borrowers more questions and potentially credit tap being turned off, in new anti loan shark law
Heartland Bank looks on track to meet annual profit forecast of $34m to $37m
29th May 14, 10:11am
Heartland Bank looks on track to meet annual profit forecast of $34m to $37m
Heartland needs to find another avenue of growth on top of its reverse mortgage buy, Craigs Investment Partners says
17th Mar 14, 4:26pm
Heartland needs to find another avenue of growth on top of its reverse mortgage buy, Craigs Investment Partners says
First NZ Capital suggests niche player Heartland Bank faces competition from big banks looking to replace earnings lost due to LVR restrictions
19th Feb 14, 4:34pm
First NZ Capital suggests niche player Heartland Bank faces competition from big banks looking to replace earnings lost due to LVR restrictions
Heartland boss says constraints on reverse equity mortgages in NZ have been supply driven not demand driven
17th Feb 14, 1:50pm
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Heartland boss says constraints on reverse equity mortgages in NZ have been supply driven not demand driven
Heartland Bank plans to buy reverse equity mortgage businesses Sentinel in NZ and Australian Seniors Finance for NZ$87 mln
14th Feb 14, 9:27am
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Heartland Bank plans to buy reverse equity mortgage businesses Sentinel in NZ and Australian Seniors Finance for NZ$87 mln
SBS Bank returns to lending growth helped by expansion in reverse equity mortgages
30th Aug 13, 4:28pm
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SBS Bank returns to lending growth helped by expansion in reverse equity mortgages
SBS Bank sets up shop in Auckland, preparing first mobile banking services alongside online banking upgrade
27th Jun 13, 4:04pm
SBS Bank sets up shop in Auckland, preparing first mobile banking services alongside online banking upgrade
NZ needs to look at decumulation in retirement income debate, expat economist says; 'How do you convince retirees to start selling down their homes?'
14th Dec 12, 1:06pm
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NZ needs to look at decumulation in retirement income debate, expat economist says; 'How do you convince retirees to start selling down their homes?'
Janine Starks explores some options for an asset rich, cash poor octogenarian couple in great nick but in need for a new car.
21st Mar 12, 9:08am
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Janine Starks explores some options for an asset rich, cash poor octogenarian couple in great nick but in need for a new car.
BNZ retail boss pleased to see pick up in housing market; Says BNZ looking at reverse mortgage type products
3rd Dec 10, 4:15pm
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BNZ retail boss pleased to see pick up in housing market; Says BNZ looking at reverse mortgage type products
ASB says feedback 'really positive' on reverse equity mortgages introduced to meet customer 'need'
11th Oct 10, 4:27pm
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ASB says feedback 'really positive' on reverse equity mortgages introduced to meet customer 'need'
CEO Jenny Fagg says ANZ not currently considering reverse equity mortgages
30th Aug 10, 4:24pm
CEO Jenny Fagg says ANZ not currently considering reverse equity mortgages
ASB becomes first big bank to offer reverse equity mortgages to asset rich but cash poor retirees
25th Aug 10, 7:10pm
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ASB becomes first big bank to offer reverse equity mortgages to asset rich but cash poor retirees