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First Permanent 106 Percent Home Loan Lender Announcement

Wed, 2008-04-16 18:18 — wes@ability

First Permanent the lender behind the 106 percent no deposit home loan and the Establishment Home Loan have issued the following announcement.

16th April, 2008

Important announcement

Due to the global liquidity crisis, First Permanent will, until further notice, cease new mortgage lending activity effective last Friday 11" April.

First Permanent's shareholders are currently considering several options for the business.

The next Reserve Bank of Australia media release following the RBA board meeting will be,
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