The US sub-prime crisis has sent shockwaves throughout the Australian mortgage lending industry, with non-bank lenders arguably hit the hardest.
Rising funding costs and investors losing their appetite for RMBS combined with already lean margins and increased competition is making life hard for some lenders.
This content is available exclusively to The Adviser premium members.
To continue reading the rest of this article, please log in.
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Do you know which lenders are providing brokers and their customers with the best service?
Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!
JOIN THE DISCUSSION