News & Announcements

News

ABN AMRO's Reverse Mortgage wins again for customers
ABN AMRO has taken out the Money Magazine's 2008 Gold Award for Best Reverse Mortgage Award (Bank category) due to its customer-focused blend of ...
05 December 2007

ABN AMRO Reverse Mortgages awarded exceptional 5 star rating by Cannex
ABN AMRO has been awarded a rare 5 star rating by research house Cannex in its first review of Australian Reverse Mortgage providers. This ...
15 October 2007

ABN AMRO's Reverse Mortgage wins again for customers and advisers
ABN AMRO's Reverse Mortgage has won another best in class award in 2007, winning the Your Mortgage magazine "Best Reverse Mortgage" (Bank category). ...
28 September 2007

ABN AMRO reverse mortgage products scoop more industry awards
ABN AMRO Australia's reverse mortgage products have won both categories of the Australian Financial Review's Blue Ribbon Smart Investor Awards for ...
18 May 2007

ABN AMRO reverse mortgage product wins gold award
ABN AMRO Australia's Home Equity Access product is the 2006 winner of Money Magazine's prestigious Gold Award for best reverse mortgage ...
18 December 2006

In the news *

ABN Amro claims reverse mortgage market leadership
The reverse mortgage market is in the doldrums, following the withdrawal from the market by one lender and sharp cutbacks by a couple of others. And brokers report that while there is still demand from people who need access to funds, applications from so-called lifestyle borrowers have dried up.
One lender, ABN Amro, has reassured its broker and financial planner distribution networks that it is in the market for the long term and that it will continue to introduce new products and features ... by John Kavanagh - The Sheet
16 May 2008

Best reverse mortgage providers named
ABN Amro and Bluestone were the only reverse mortgage providers to receive a 'superior value' rating from research house Cannex in its latest review of the sector. The two firms were awarded the highest rating due to their ability to offer competitive interest rates while maintaining their flexibility for clients as well as safety features.
"ABM Amro offers no less than 12 reverse mortgages, with many fixed and variable interest rate options to choose from. While Cannex acknowledges that interest rates are important, the features these loans offer are just as important for retirees," the report said. by Darin Tyson-Chan - Investor Daily
Monday 28 April 2008

ABN AMRO launches new reverse mortgage
ABN AMRO has announced the launch of two new reverse mortgage products. Martin Lynch, head of reverse mortgages at ABN AMRO, says that the two - the Investment Property Mortgage (IPM) and the Accommodation Bond Loan (ABL) - represent a first in that they have been specifically designed with financial planners in mind ... - Money Management
7 April 2008

Fixed rate not necessarily five star – Cannex
Australian's are increasingly turning to fixed rate home loans even though they might not always be the best choice for them, according to Cannex Mortgage Star Ratings. Cannex yesterday released its Mortgage Star Ratings report with more 'superior' or five star mortgages found among standard home loans as opposed to the other fixed one, two, three and five year loans ... by Amy Corderoy - Money Management
25 March 2008

ABN AMRO launches new reverse mortgages
ABN AMRO has launched two reverse mortgage products designed to be sold by financial planners. The bank is projecting up to 33 per cent sales by financial planners for its new Accommodation Bond Loan (ABL) and Investment Property Mortgage (IMP) – compared to the industry norm of ... by Liam Egan - Money Management
25 March 2008

Reverse mortgage clients opting for fixed rates
Interest rate hikes are driving a trend among reverse mortgage clients on variable rates to fix their rate, according to ABN Amro head of reverse mortgages Martin Lynch. "In the two years to October 2007 we had had only two customers coming back to fix their loans, but since then we have ... by Liam Egan - Money Management
26 February 2008

Shifting gears on home equity
While many financial planners regard reverse mortgages as something akin to the work of the Devil, attitudes are slowly changing. Some advisers are starting to view these products in a new way and are considering the strategic planning opportunities they open up ... by Janine Mace - Money Management
23 November 2007

SEQUAL appoints new chair
Over Fifty Group chief executive Chris Martin has been named the new chair of Australia's reverse mortgage lending body, Senior Australians Equity Release Association of Lenders (SEQUAL). ABN Amro Martin Lynch has been named as deputy chair ... By Kate Kachor - Investor Daily
Tuesday 13 November 2007

Media Release: SEQUAL appoints new chair to further develop reverse mortgage sector
Senior Australians Equity Release Association of Lenders (SEQUAL), Australias peak body governing the reverse mortgage lending, has announced the appointment of Over Fifty Group's Chris Martin as its new Chair and ABN Amro's Martin Lynch as Deputy Chair ... Lending Central
Monday, December 03, 2007

ABN AMRO's Reverse Mortgage wins again for customers
ABN AMRO has taken out the Money Magazine's 2008 Gold Award for Best Reverse Mortgage Award (Bank category) due to its customer-focused blend of flexibility, low fees, great rates and security ... Plugger
05 December 2007

Why Reverse Your Mortgage?
Equity-rich, cash-poor retirees have literally been given a new lease of life with the development only a few years ago of a market in this country for reverse mortgages ... Sportz Mortgage
19 October 2007

Reverse mortgages soaring
The reverse mortgage market soared 165 per cent last year as more cash-poor retirees unlocked the value of their biggest asset, the family home. From a standing start five years ago, the market is worth ... By Peter Weekes - The Age
February 1, 2006

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