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In case you missed it this week, specialist lender enters administration, Resimac takes controlling stake in Sonder, broker expertise recognised in survey, large bank turnarounds fastest on record, and in memoriam: Mark Lewis.
New non-bank lender enters administration
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A Western Australia-based fintech specialising in finance for borrowers aged over 55 has brought in administrators and is seeking new capital after its financing was withdrawn.
Resimac takes controlling stake in Sonder
The asset finance division of the non-bank lender has gained a controlling stake in Sonder Equipment Finance and welcomed a new head of sales.
Broker expertise key for securing right loan: Mortgage Choice
The vast majority of Australians see broker expertise as necessary to secure the right loan, according to new figures published by Mortgage Choice.
Large bank turnarounds fastest on record: Broker Pulse
The banks most commonly used by brokers slashed their turnarounds to five days in July for the first time on record, according to new data.
Mark “Lewie” Lewis, a long-serving partnership manager at FAST, has passed away at the age of 59 after a nine-month battle with pancreatic cancer.
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