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Brokers unjustly carry burden of credit crunch: FBAA
by Staff Reporter • 26 May 2008
Peter White, FBAA national president, said a disproportionate component of the increased cost of funding fell on the... READ MORE
BankWest cuts 42 broker groups
by Staff Reporter • 26 May 2008
Mark Reid, head of retail sales with BankWest, told Mortgage Business that the move was part of a strategy to improve... READ MORE
May 08: BankWest guarantees broker commissions
by Staff Reporter • 21 May 2008
BankWest’s announcement comes hot on the heels of Westpac’s shock decision to slash broker commissions, fuelling... READ MORE
May 08: Commission cuts prompt media attack on brokers
by Staff Reporter • 21 May 2008
A number of tabloids have come out in recent weeks slamming broker-originated mortgages as a more costly option for... READ MORE
Broker numbers set to drop
by Staff Reporter • 12 May 2008
According to a recent Mortgage Business straw poll straw 89 per cent of respondents expected to see broker numbers... READ MORE
Bluestone committed to broker channel
by Staff Reporter • 8 May 2008
Speaking with Mortgage Business today, chief executive of Bluestone Peter McGuinness said the lender wished to be... READ MORE
NAB reveals vision for new broker industry
by Staff Reporter • 7 May 2008
Speaking at the NAB Broker Sydney roundtable, regional general manager Matt Lawler spoke of what he described as a... READ MORE
US lending standards tightened across the board
by Staff Reporter • 6 May 2008
Around 55 per cent of US banks reported they had tightened lending standards on consumer and commercial and... READ MORE
Brokers flock to white labelling
by Staff Reporter • 5 May 2008
GE Money Third Party Solutions (GE Money) recorded a 25 per cent increase in applications from March to April this... READ MORE
NAB reveals alternatives to broker commission cuts
by Staff Reporter • 30 Apr 2008
Matt Lawler, NAB Broker regional general manager, told Mortgage Business that NAB is exploring and gathering feedback... READ MORE
St George latest to rethink broker commissions
by Staff Reporter • 30 Apr 2008
In the new structure brokers still have the potential to earn a maximum of 0.70 per cent up front and 0.25 per cent... READ MORE
No plans to cut broker commissions: NAB
by Staff Reporter • 28 Apr 2008
In contrast to Westpac, which announced commission cuts earlier this month, NAB Broker regional general manager Matt... READ MORE
Nationwide Lending secures GE Money funding accreditation
by Staff Reporter • 24 Apr 2008
Under the partnership GE Money will fund the mortgage manager’s branded products from May 2008.
Managing... READ MORE
CBA to cut broker commissions
by Staff Reporter • 23 Apr 2008
Kathy Cummings, CBA head of third party banking, said this morning that the combined pressures of the last eight... READ MORE
BankWest guarantees broker commissions
by Staff Reporter • 21 Apr 2008
The announcement follows Westpac’s shock decision to slash broker commissions, fueling fears other major banks... READ MORE
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