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Non-conforming lending is here to stay: to say the Australian mortgage market never stands still...

By Tuttle, Patrick
Publication: Australian Banking & Finance
Date: Tuesday, August 31 2004

And nowhere is that more true than in the non-conforming mortgage market.

The niche, non-conforming market has grown rapidly over the past four years and is now a dynamic sector with a broad range of specialist lenders offering innovative products specifically designed for consumers who fall outside the lending guidelines of more traditional tenders such as banks, building societies and credit unions.

Australians are becoming increasingly dependent upon part-time and casual work to make ends meet. They are looking for flexible work practices, enabling them t

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