Mortgage Broking Data Pooling

Sun Shines on Queensland Loan Brokers | August 2003

"Latest data from ISC Australia shows growth of 5% in the March quarter on the previous quarter and growth of 23% on the March quarter last year."

A tale of two reports | April 2008

"In contrast, the MISC Australia report boasts a representation of 80% of all broker-generated home loan business making it the most comprehensive collection of broking data available.

MISC Australia found that the $18.2bn of broker home loan originations for the three months ending December 2007 amounted to a 24% gain in aggregate loan value written over the December 2006 quarter."

Accuracy in Home Loan Statistics | Brent Hughes, June 2002

"Your article HOME LOAN SCAMS makes several incorrect references to a bank/broker co-operative industry statistical collection that is managed and assembled by the Melbourne-based research group MISC Australia."

Click here to view correction to BRW article.

Broker Channel Rides $1.8 Billion Drop in New Home Loans | Issue 4.8

"Australia's mortgage market dropped by an estimated 14% or 1.8 billion in the March quarter, according to the latest MISC survey of its broker pool members."

Mortgage brokers steam ahead | Natalie Craig, March 2008

"A spokesman for MISC Australia, which collates data on about 80% of Australian broker loans, said reduced "churn" was an excellent indication of the health of the market, especially given the November interest rate rise."

Research measures low-doc loans at $8.8bn | Marc Moncrief, October 2007

"MISC acts as an information clearing house for a number of large lenders and brokers, and claims its figures to be "the first definitive measurement" of new low-doc loans growth through brokers. MISC's research found that only 26 per cent of low-doc or "no-doc" loans were made for more than 80 per cent of the value of the property being bought. Banks typically do not lend for 'loan to valuation ratios" (LVRs) over 80 per cent.

MISC said rising interest rates were likely to lower the proportion of high-LVR loans.
In Australia, lenders have been more cautious than in the US, where the process led to the credit crisis currently tearing through world credit markets. "

What Slowdown? Mortgage Brokers are 'Charging Along' | Anthony Hughes, May 2003

"Figures released yesterday by MISC show the total value of home loans generated by brokers in the December quarter exceeded $10 billion for the first time, while the number of "active" brokers grew from 550 to 585."

Home loans defy credit turmoil | Tim Boreham, March 2008

"A MISC spokesman said the December quarter performance was "unusual", especially because the period was seaonally soft."

Brokers Feel the Pinch in Lending | Tim Boreham, July 2004

"The MISC report is based on pooled data from most major banks and the biggest brokers, representing 79 per cent of the total broker-originated market."

Clients Prepare to Switch Bankers | Tim Boreham, February 2003

"According to MISC research group, broker originated loan volumes rose 1% in the September 2001 quarter."

Home Loan Brokers Hit | Joyce Moullakis, July 2004

"Mortgage Brokers hit a wall in the March quarter as loan volumes slumped by almost $2 billion, according to a survey by the MISC."

Lender Reconsider Mortgage Brokers | Lisa Murray, May 2004

"The December-quarter result marked a 26 per cent increase from the same period a year ago, according to a new survey by the MISC, which collects data on three-quarters of all broker-originated loans in Australia."

Fixed-Rate Lending Rise | Joyce Moullakis, January 2004

"While the number of active mortgage brokers declined in the September quarter, the value of loans they wrote increased by 15%, according to a report by the MISC."

Low-doc loans surge 26% | Erica Thompson, October 2007

"MISC says the danger level in the Australian market has been overestimated.
"Much of the low-doc/no-doc lending has been at conservative LVRs (loan-to-value ratio - the amount of valuation that can be borrowed)," the group says.."

Rival Banks Fill Gaps Left by Bank of Queensland Withdrawal | Liam Walsh, November 2004

"The MISC also said Queensland had the largest growth in monetary terms during the June quarter to become Australia's second broker market. This came as more people with homes decided to refinance loans ahead of any interest rate rises, a MISC spokesman said."

Loans Hit a Record | Bruce Brammall, October 2003

"MISC said its pooled data accounts for about 72% of all loans written by mortgage brokers."

Home loan restraint | Rhys Haynes, October 2007

"Latest data from the Market Intelligence Strategy Centre (MISC) provides illuminating insight into speculation that had abounded in recent months, not only about the extent of the new lending but also the risk of it. "

Mortgage brokers ride out storm | Natalie Craig, March 2008

"The number of home loans that originated with a mortgage broker in the December 2007 quarter grew about 3 per cent compared with the December 2006 quarter, according to the MISC Australia report."

Value of low-doc loans hits $8.8bn | October 2007

"In the year to June 30, the value of low-doc loans grew 26 per cent, according to Market Intelligence Strategy Centre (MISC) Australia."

Research measures low-doc loans at $8.8bn | October 2007

"Data from MISC Australia indicates the value of low-documentation mortgage loans in Australia rose 26% to more than $A8.8bn in 2006-07. MISC said its data is the definitive measurement of growth in low-doc loans through brokers."

Loans defying credit turmoil | April 2008

"MISC said: This means real demand for new loans by borrowers led the December charge."