Search results

I suppose the cumulative risk of more and more high lend LVRs would be the core issue why it wasnt a problem b4 But it makes sense to offload what you see as your riskieer stuff and keep the cream :) ta rolf

Hiya WW Its a simple risk diversification. NAB have recently changed their lmi provider. It does make sense to diversify that underwriting risk, and I suspect it also meanss that they may need a little less reserve capital. ta rolf

Hiya Pls note folks at this stage its only for > than 90 % ...............but I have this feeling ............ Stg as a lo doc provider..............nil cash out, no trusts, DNA in terms of 6 mths statements of all facilities etc, they are better than some, but guess what, for those that...

Westpac has notified brokers today that loans with LVRs greater than 90 % will be directly insured by Genworth, rather than the portfolio insurance currently carried via WLMI. Will be interesting to see if WLMI want to divest themselves of their lo doc insurance, because that will well and...