Reverse equity mortgages
Lifetime Home releases its long-signaled alternative to a reverse equity mortgage, one that pays out an income fortnightly in return for giving up an equity share in the home
28th May 24, 12:02pm
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Lifetime Home releases its long-signaled alternative to a reverse equity mortgage, one that pays out an income fortnightly in return for giving up an equity share in the home
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