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What ASB’s LVR move means for banks, housing market

David Williams
Tue, 24 Sep 2013

A move to tighter mortgage lending could be more of a handbrake on banks’ new business than the housing market, a home loans company boss says.

As a reaction to new Reserve Bank restrictions on loan-to-value (LVR) ratios, ASB Bank and its subsidiary Sovereign have, from October 4, withdrawn

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David Williams
Tue, 24 Sep 2013
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What ASB’s LVR move means for banks, housing market
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