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Borrower
Resimac adds new layer of scrutiny for Victorian borrowers
by Reporter • 17 Sep 2020
The non-bank has heightened its verification requirements for mortgage applicants in Victoria subject to ongoing...
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N1H increases SME lending capacity
by reporter • 17 Sep 2020
Business, financial and property services firm N1 Holdings has expanded its SME lending capacity and its AFSL...
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Car financier found to have broken credit law
by Malavika Santhebennur • 16 Sep 2020
A used-car financier has been found to have failed to comply with the law after providing high-cost credit to...
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FHBs warned against buying unregistered land
by Malavika Santhebennur • 14 Sep 2020
A buyer’s agent has warned that land developers and builders are luring FHBs by “conspiring” to advertise...
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Borrowers turn to bank of mum and dad in HomeBuilder confusion
by Annie Kane • 9 Sep 2020
Many borrowers looking to build new homes with the HomeBuilder grant are relying on borrowed funds from family and...
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YBR to buy back up to 28 million shares
by Reporter • 8 Sep 2020
The third-party mortgage business has announced that it will undertake an on-market buyback of almost 9 per cent of its...
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Borrowers urged to ‘take action’ and shop around
by Reporter • 2 Sep 2020
Mortgage-holders have been encouraged to “get on the front foot” and search for better deal ahead of the expiry of...
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Borrowers turn to government stimulus to pay mortgage
by Annie Kane • 25 Aug 2020
An increasing number of people are using government stimulus payments to pay their mortgages or rent, according to new...
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Pandemic drains FHB deposit savings
by Charbel Kadib • 21 Aug 2020
Almost 70 per cent of first home buyers have been forced to suspend their home ownership plans after tapping into their...
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RateCity attacks rate hikes for COVID-19-hit borrowers
by Malavika Santhebennur • 21 Aug 2020
Borrowers who move to an interest-only loan following the expiry of their loan deferral period should not be charged a...
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