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	<title>Lending Central</title>
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	<link>http://www.lendingcentral.com</link>
	<description>The first word in mortgage news</description>
	<pubDate>Thu, 09 Jul 2009 15:32:14 +0000</pubDate>
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		<title>Aggregators – not brokers – are on the endangered species list, says broker</title>
		<link>http://www.lendingcentral.com/2009/07/10/aggregators-%e2%80%93-not-brokers-%e2%80%93-are-on-the-endangered-species-list-says-broker/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/aggregators-%e2%80%93-not-brokers-%e2%80%93-are-on-the-endangered-species-list-says-broker/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 15:32:14 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Broker News]]></category>

		<category><![CDATA[Featured]]></category>

		<category><![CDATA[Lender News]]></category>

		<category><![CDATA[Aggregator]]></category>

		<category><![CDATA[Daniel Thorpe]]></category>

		<category><![CDATA[MFAA]]></category>

		<category><![CDATA[mortgage broker]]></category>

		<category><![CDATA[Thorpe Financial Services]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2871</guid>
		<description><![CDATA[By Jill Fraser for Lending Central
Melbourne-based broker Daniel Thorpe, Managing Director Thorpe Financial Services Pty Ltd says; &#8220;in the coming New World it will only require a minor shift in lenders&#8217; policies to do away with aggregators&#8221;.
Thorpe contacted Lending Central and offered to put forward the broker&#8217;s perspective regarding the changing market.
He maintains that the [...]]]></description>
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		<title>REA sells business and fends off Google threat</title>
		<link>http://www.lendingcentral.com/2009/07/10/rea-sells-business-and-fends-off-google-threat/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/rea-sells-business-and-fends-off-google-threat/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 15:12:18 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Consumer]]></category>

		<category><![CDATA[Valuations]]></category>

		<category><![CDATA[Google]]></category>

		<category><![CDATA[REA Group]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2870</guid>
		<description><![CDATA[Online real estate company REA Group Ltd is preparing to face its biggest competitor yet, Google, but remains confident it can build revenue after withdrawing from the UK and New Zealand.
Chief executive Greg Ellis played down Google as a threat to REA&#8217;s 900,000 listings and five million unique browsers on its realestate.com.au website, saying competition [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/rea-sells-business-and-fends-off-google-threat/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Firepower-linked financial services provider banned for 8yrs</title>
		<link>http://www.lendingcentral.com/2009/07/10/firepower-linked-financial-services-provider-banned-for-8yrs/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/firepower-linked-financial-services-provider-banned-for-8yrs/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 14:59:32 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Broker News]]></category>

		<category><![CDATA[Consumer]]></category>

		<category><![CDATA[Lender News]]></category>

		<category><![CDATA[ASIC Ban]]></category>

		<category><![CDATA[Financial Services Provider]]></category>

		<category><![CDATA[Firepower Holdings Ltd]]></category>

		<category><![CDATA[Quentin Ward]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2869</guid>
		<description><![CDATA[A Perth-based financial services provider has been banned from the industry for eight years by the corporate watchdog due to his involvement with collapsed fuel additive firm Firepower.
The Australian Securities and Investments Commission (ASIC) has banned Quentin Ward, of Nedlands, from providing financial services until 2017, ASIC said in a statement on Wednesday.
The ban follows [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/firepower-linked-financial-services-provider-banned-for-8yrs/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Defamed mortgage broker wins damages from Seven Network</title>
		<link>http://www.lendingcentral.com/2009/07/10/defamed-mortgage-broker-wins-damages-from-seven-network/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/defamed-mortgage-broker-wins-damages-from-seven-network/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 14:52:58 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Broker News]]></category>

		<category><![CDATA[Lender News]]></category>

		<category><![CDATA[Defamed Mortgage Broker]]></category>

		<category><![CDATA[Peter Mahommed]]></category>

		<category><![CDATA[Seven Network]]></category>

		<category><![CDATA[Today Tonight TV Show]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2868</guid>
		<description><![CDATA[The Seven Network has been ordered to pay $240,000 in defamation damages to a mortgage broker falsely portrayed as having fleeced $1 million from a dementia patient.
In awarding the damages to Peter Mahommed on Thursday, Justice David Kirby said the elderly woman had not suffered from dementia and was a &#8220;practised fraudster&#8221;.
Mr Mahommed, 53, sued [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/defamed-mortgage-broker-wins-damages-from-seven-network/feed/</wfw:commentRss>
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		<item>
		<title>Economy faces &#8220;rocky road&#8221; despite modest jobless rise</title>
		<link>http://www.lendingcentral.com/2009/07/10/economy-faces-rocky-road-despite-modest-jobless-rise/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/economy-faces-rocky-road-despite-modest-jobless-rise/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 14:49:02 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Economics]]></category>

		<category><![CDATA[Govt News]]></category>

		<category><![CDATA[Economic Recovery]]></category>

		<category><![CDATA[Global Recession]]></category>

		<category><![CDATA[IMF]]></category>

		<category><![CDATA[Julia Gillard]]></category>

		<category><![CDATA[Unemployment levels]]></category>

		<category><![CDATA[Wayne Swan]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2867</guid>
		<description><![CDATA[The federal government has warned that the economy still faces a rough ride, even though another rise in the jobless rate was more moderate than experts had predicted.
The unemployment rate struck a six-year high of 5.8 per cent in June data released on Thursday, rising one notch from the 5.7 per cent posted in May.
This [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/economy-faces-rocky-road-despite-modest-jobless-rise/feed/</wfw:commentRss>
		</item>
		<item>
		<title>ANZ to shed a further 248 positions in mortgage centres</title>
		<link>http://www.lendingcentral.com/2009/07/10/anz-to-shed-a-further-248-positions-in-mortgage-centres/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/anz-to-shed-a-further-248-positions-in-mortgage-centres/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 14:45:43 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Broker News]]></category>

		<category><![CDATA[Lender News]]></category>

		<category><![CDATA[ANZ]]></category>

		<category><![CDATA[Finance Sector Union]]></category>

		<category><![CDATA[Job Losses]]></category>

		<category><![CDATA[Mortgage Lending]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2866</guid>
		<description><![CDATA[ANZ Banking Group Ltd is to shed as many as 248 full-time equivalent positions in a major restructure of its mortgage lending businesses in each state and the Northern Territory.
The positions affected are in addition to the 500 job cuts announced by the bank earlier this year in other parts of the group.
The latest round [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/anz-to-shed-a-further-248-positions-in-mortgage-centres/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Opteon’s Coverage Grows Again</title>
		<link>http://www.lendingcentral.com/2009/07/10/opteon%e2%80%99s-coverage-grows-again/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/opteon%e2%80%99s-coverage-grows-again/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 14:42:16 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Valuations]]></category>

		<category><![CDATA[Expansion]]></category>

		<category><![CDATA[Greg Sugars]]></category>

		<category><![CDATA[Opteon Property Group]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2865</guid>
		<description><![CDATA[National property valuation group, Opteon, today announced a further extension of its services and geographic coverage in Western Australia and New South Wales.
Effective immediately established regional valuation businesses, Kimberley Property Services and Albany Valuations from WA and Langshaw Valuations in NSW will join and co-brand with the national group, which last year completed 670,000 valuations [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/opteon%e2%80%99s-coverage-grows-again/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Wealth Today launches in Victoria and continues national expansion</title>
		<link>http://www.lendingcentral.com/2009/07/10/wealth-today-launches-in-victoria-and-continues-national-expansion/</link>
		<comments>http://www.lendingcentral.com/2009/07/10/wealth-today-launches-in-victoria-and-continues-national-expansion/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 14:33:56 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Broker News]]></category>

		<category><![CDATA[Lender News]]></category>

		<category><![CDATA[Dr Tony Pennells]]></category>

		<category><![CDATA[Prestige Loans Pty Ltd]]></category>

		<category><![CDATA[Wealth Today Academy]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2864</guid>
		<description><![CDATA[Wealth Today has become the name brokers and financial professionals are talking about after successfully launching in Victoria late last month. With head offices in Perth and a senior director based in Queensland, Wealth Today is a part of the Today Group of Companies, recently named in the BRW Fast Starters list of 2009 and [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/10/wealth-today-launches-in-victoria-and-continues-national-expansion/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Time to Prepare for Rate Rises?</title>
		<link>http://www.lendingcentral.com/2009/07/07/time-to-prepare-for-rate-rises/</link>
		<comments>http://www.lendingcentral.com/2009/07/07/time-to-prepare-for-rate-rises/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 13:42:41 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Broker News]]></category>

		<category><![CDATA[Consumer]]></category>

		<category><![CDATA[Lender News]]></category>

		<category><![CDATA[Interest Rates]]></category>

		<category><![CDATA[Mortgage Choice]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2863</guid>
		<description><![CDATA[Mortgage Choice is pleased to see the Reserve Bank of Australia maintain the official cash rate at 3% for a third month in a row, giving borrowers more time to prepare their pockets for eventual rate rises.
A number of lenders have already begun raising mortgage interest rates in recent weeks, sparking concern from borrowers that [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/07/time-to-prepare-for-rate-rises/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Falling inflation could allow rate cut - eventually</title>
		<link>http://www.lendingcentral.com/2009/07/07/falling-inflation-could-allow-rate-cut-eventually/</link>
		<comments>http://www.lendingcentral.com/2009/07/07/falling-inflation-could-allow-rate-cut-eventually/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 13:38:49 +0000</pubDate>
		<dc:creator>LC Team</dc:creator>
		
		<category><![CDATA[Economics]]></category>

		<category><![CDATA[Govt News]]></category>

		<category><![CDATA[inflation]]></category>

		<category><![CDATA[Interest Rates]]></category>

		<category><![CDATA[RBA]]></category>

		<guid isPermaLink="false">http://www.lendingcentral.com/?p=2862</guid>
		<description><![CDATA[Falling inflation could lead to another official interest rate cut even though the Reserve Bank of Australia (RBA), as expected, decided to stay on the rates fence for another month.The RBA&#8217;s board held its monthly (except for January) monetary policy meeting on Tuesday.
At the end of the meeting the RBA governor Glenn Stevens issued a [...]]]></description>
		<wfw:commentRss>http://www.lendingcentral.com/2009/07/07/falling-inflation-could-allow-rate-cut-eventually/feed/</wfw:commentRss>
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