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Fraudulent broker turns to hit man for help

by Staff Reporter • 19 Jun 2009
Mahn Huu “Bruce” Doan was found guilty of 195 fraudulent real estate transactions where he borrowed or... READ MORE

Business lending slumps

by Staff Reporter • 16 Jun 2009
Commercial finance fell a disappointing 12.9 per cent, seasonally adjusted, to $27.066 billion, following a 23 per... READ MORE

Bankwest guarantees 5 day broker approval

by Staff Reporter • 15 Jun 2009
In an announcement to brokers last week, Bankwest said it would provide an unconditional offer on all home loans with... READ MORE

Broker confidence dips

by Staff Reporter • 12 Jun 2009
The dip in broker confidence was highlighted by the Mortgage Business Index for Q2 2009, which dropped 8.1 points from... READ MORE

Non-bank products increase in broker popularity

by Staff Reporter • 12 Jun 2009
IN the face of increasing big bank domination brokers appear increasingly determined to give non-bank lenders a... READ MORE

Heritage committed to brokers

by Staff Reporter • 11 Jun 2009
Heritage confirmed last week that it would no longer offer its Basic Variable or Professional Package products via... READ MORE

Kerr's broker ex-boyfriend jailed

by Staff Reporter • 11 Jun 2009
The sentence follows an investment led by ASIC into Adrian Camilleri’s time as the sole director of brokerage Asset... READ MORE

Heritage pulls loans from broker channel

by Staff Reporter • 9 Jun 2009
In a memo sent to brokers last week Heritage said it would temporarily remove its basic variable and professional... READ MORE

Macquarie launches insurance product for brokers

by Staff Reporter • 5 Jun 2009
MortgageGuard, a collaborative effort between Macquarie Life and Macquarie’s mortgages team, offers borrowers a... READ MORE

Supermodel's ex broker boyfriend guilty of fraud

by Staff Reporter • 4 Jun 2009
ASIC had investigated the conduct of Adrian Camilleri during his time as sole director of Asset Finance Service Pty... READ MORE

Macquarie rumoured to re-enter lending - Jun 2009

by Staff Reporter • 3 Jun 2009
While talk of the bank launching an aggregation business has dominated the industry for some time Mortgage Business... READ MORE

AOFM investment to boost FirstMac lending volumes

by Staff Reporter • 2 Jun 2009
The FirstMac 1-2009 placement totalled $625 million with $499 million from the AOFM and a further $126 million from... READ MORE

MFAA lobbies government on behalf of brokers

by Staff Reporter • 1 Jun 2009
The calls are part of a submission put forward by the MFAA in response to the draft National Consumer Credit... READ MORE

Fraudulent ACT broker dodges jail

by Staff Reporter • 29 May 2009
Kelvin Mark Skeers was yesterday handed a two-year good behavior bond and community service after Justice Malcolm... READ MORE

Credit unions, building societies promote responsible lending

by Staff Reporter • 29 May 2009
The new document, which draws on existing lending practices that are already in place in the industry, will help... READ MORE
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