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Adelaide Bank lowers floor rate
by Reporter • 23 Jun 2020
In line with an update to its net surplus calculator, Adelaide Bank has lowered its floor rate for mortgage... READ MORE
Commercial lender joins AFG panel
by Reporter • 22 Jun 2020
The Australian Finance Group (AFG) has announced the appointment of asset finance lender Australian Secure Capital... READ MORE
Government urged to enable digital mortgage process
by Malavika Santhebennur • 19 Jun 2020
The Australian Banking Association (ABA), the Business Council of Australia, the Australian Institute of Company... READ MORE
Online lending platform launched for brokers and lenders
by Malavika Santhebennur • 19 Jun 2020
Nimo Industries has announced the launch of a “software as a service” (SaaS) platform for brokers and lenders... READ MORE
SME lender brings in national BDM
by Annie Kane • 19 Jun 2020
Speedy Finance has welcomed its first national business development manager (BDM) to the team.
Former Bluestone BDM... READ MORE
Offshore processing linked to loan approval lags
by Charbel Kadib • 18 Jun 2020
Over the past few months, several lenders, including three of the big four banks, have reported delays in their... READ MORE
HashChing launches coaching and training service
by reporter • 18 Jun 2020
HashSuccess – a motivational and educational service for HashChing brokers – aims to provide brokers with access... READ MORE
Prospa joins FAST lender panel
by Malavika Santhebennur • 17 Jun 2020
Aggregation group Finance & Systems Technology (FAST) has announced that Prospa has joined its panel.
The... READ MORE
NAB tightens lodgement standards to reduce lags
by Charbel Kadib • 16 Jun 2020
NAB has informed brokers that as of Friday, 19 June, documents required for the formal assessment of a loan... READ MORE
Lockdown triggering more retirement conversations
by Annie Kane • 12 Jun 2020
According to Nick Young, director of trail book buyer Trail Homes, more brokers are now looking at retiring or... READ MORE
AOFM to invest $90m in Prospa warehouse
by Hannah Dowling • 12 Jun 2020
The Structured Finance Support Fund (SFSF) was announced by the government in March as a $15-billion investment fund,... READ MORE
CBA faces class action over credit insurance
by Annie Kane • 11 Jun 2020
Slater and Gordon has filed a class action in the Federal Court against Commonwealth Bank of Australia (CBA) and its... READ MORE
Lender lifts fixed mortgage rates
by Reporter • 11 Jun 2020
Newcastle Permanent has increased fixed rates by 10 bps on its Premium Plus Package, effective from Wednesday, 10... READ MORE
New non-resident loan product launched
by Hannah Dowling • 11 Jun 2020
The new product, named the “options non-resident loan” was launched in response to other lenders withdrawing from... READ MORE
Deferral customers prematurely resuming repayments: ANZ
by Charbel Kadib • 9 Jun 2020
ANZ’s group executive, retail and commercial, Mark Hand, has noted a recent shift in behaviour among borrowers that... READ MORE
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