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Processing lags cost refinancers millions in savings

by Charbel Kadib • 31 Jul 2020
Online broking platform Lendi has published its latest Home Loan Report, which involved an analysis of over 2,900... READ MORE

NAB stops dealing with unlicensed debt management providers

by Malavika Santhebennur • 31 Jul 2020
NAB has announced that it will no longer deal with unlicensed, fee-charging debt management providers in a bid to... READ MORE

Westpac to onshore jobs to improve processing lags

by Annie Kane • 29 Jul 2020
Westpac has acknowledged that its response rates have been “too slow” following the “surge in demand for... READ MORE

Wisr reports 92% surge in loan originations

by Reporter • 29 Jul 2020
Consumer finance lender Wisr has published its results for the fourth quarter of the 2020 financial year (4Q20),... READ MORE

CML to acquire invoice finance lender

by Annie Kane • 28 Jul 2020
CML Group, the parent company of Cashflow Finance and Classic Funding Group, has entered into an agreement with... READ MORE

Major bank introduces new serviceability probe

by Charbel Kadib • 27 Jul 2020
NAB has announced changes to its home loan serviceability policy for borrowers approaching retirement age. From... READ MORE

Heritage appoints head of business to spearhead expansion

by Reporter • 23 Jul 2020
Heritage Bank has announced the appointment of Charlton Nevis to the newly created role of head of business banking,... READ MORE

AFG brings on digital mortgage lender

by Annie Kane • 23 Jul 2020
The digital mortgage lender (named for the number of seconds in a day) first launched its digital home loan product... READ MORE

FBAA head urges lenders to resolve processing lags

by Charbel Kadib • 22 Jul 2020
Appearing in a webinar hosted by the Australian Finance Group, managing director of the Finance Brokers Association... READ MORE

Specialist lender appoints new GM of distribution

by Annie Kane • 22 Jul 2020
Specialist self-employed lender RedZed has appointed Chris Calvert to serve in the newly created role of executive... READ MORE

Suncorp introduces digital signatures for loans

by Malavika Santhebennur • 22 Jul 2020
The lender has said that, as of Tuesday (21 July), e-signatures are now available in ApplyOnline with Suncorp’s... READ MORE

CBA rolls out financial abuse support program

by Malavika Santhebennur • 21 Jul 2020
The Commonwealth Bank of Australia (CBA) has introduced Next Chapter, a new program that aims to support people... READ MORE

1 in 5 SMEs opting for local lenders

by Reporter • 21 Jul 2020
According to new research from online SME lender OnDeck Australia – which included a survey of 300 business owners... READ MORE

Lender ramps up home lending scrutiny

by Charbel Kadib • 20 Jul 2020
BOQ Group (includes Virgin Money) has revised its credit policy for home loan applications as part of its “ongoing... READ MORE

ANZ launches eSign tool

by Malavika Santhebennur • 20 Jul 2020
ANZ Bank has introduced ANZ eSign to enable all of the various application forms on LoanApp and ApplyOnline to be... READ MORE
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