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I'm not sure, but you may be OK - mine was for a pre-approval and was passing the date they stated. On the AMP email it states: Credit Policy changes - effective Monday 18 May 2015. Cheers, Redom

I'm not too sure jerrybee, others with deals in the pipeline with AMP at the moment may be able to advise better. I got blindsided by Westpac's expat change a couple weeks ago. Application in over the weekend, change announced on Tuesday morning.

From a RISK MANAGEMENT perspective (point of this thread) - as an exercise of stress testing, its worthwhile to see what you may do as an investor in the worst case scenario in terms of changes to lending policy and its impact to investors. Most investors and homeowners aren't actually...

But servicing of OFI debt thats similar to ANZ/Suncorp/St George, and normal treatment of rental income. This change will stop a lot/most of the investor activity on their book. I wonder what will happen to Macquarie over time - they'd have to be carrying a lot of investors activity on...

Not so sure about AMP and serviceability any more danwatto - i just got an email that seems to indicate (haven't confirmed yet by calling my contact) that they won't take mortgage debt held with other institutions at actual repayments anymore. In fact, they'll take it at assessment rate & P&I -...

Thanks jerrybee. In this type of scenario i'd just be building in a buffer to handle the potential to having to pay down some of the debt for a period of time. IMO, the best handling method is to have a buffer when you think that the above may happen to you. Identifying it early and...

One of the least sexy parts of growing a portfolio is managing the risks associated with holding large exposures to mortgage debt. The most commonly talked about risk is interest rate rises and what sort of a 'buffer' investors should hold. However, a risk that often doesn't get enough...