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YBR signs $120m RMBS deal
by Charbel Kadib • 25 Feb 2020
Yellow Brick Road (YBR) has announced that its subsidiary Resi Wholesale Funding (RWF) has signed final definitive... READ MORE
MyState to bank on FHBs as settlements slip
by Hannah Dowling • 24 Feb 2020
According to the bank’s half-year results, settlements for its loan portfolio dropped by 15.4 per cent, when... READ MORE
Brokers invited to assess lender performance in new survey
by Michael Johnson • 24 Feb 2020
Momentum Intelligence’s Third-Party Lending Survey, an annual broker survey of home loan providers, has officially... READ MORE
Macquarie revises serviceability measures
by Malavika Santhebennur • 20 Feb 2020
Macquarie Bank said the changes have been reflected in the updated serviceability calculator, effective from 17... READ MORE
Online lender appoints new NSW/ACT BDM
by Malavika Santhebennur • 19 Feb 2020
Mr Reily joins OnDeck from Prospa, where he was BDM for South Australia and the Northern Territory for nearly three... READ MORE
Lender to consider ‘lifestyle changes’ in serviceability test
by Reporter • 19 Feb 2020
Government-backed lender HomeStart Finance has informed brokers that it has revised its policy for home loan... READ MORE
Mutual bank joins SFG panel
by Hannah Dowling • 18 Feb 2020
Specialist Finance Group (SFG) has announced the addition of customer-owned MOVE Bank (previously Railways Credit... READ MORE
Westpac integrates CCR, updates loan process
by Malavika Santhebennur • 17 Feb 2020
In an update to brokers from the bank’s mortgage broking team, the group said the changes to its consumer credit... READ MORE
Timing and application of new misconduct rules questioned
by Annie Kane • 11 Feb 2020
Last month, the Morrison government released for consultation a raft of exposure draft legislation, which will... READ MORE
Banks relax valuation policies
by Malavika Santhebennur • 11 Feb 2020
ANZ and Gateway Bank have both announced an easing of their valuation policies to reduce the time required for formal... READ MORE
Lender pulls investment product
by Charbel Kadib • 7 Feb 2020
ING has announced that it will no longer offer an “Interest in Advance” option for its investment home loan... READ MORE
Lender launches loan with repayment-free term
by Charbel Kadib • 6 Feb 2020
Latitude Financial has announced the launch of its Better Start product, a debt consolidation loan that comes with no... READ MORE
Bank tweaks income verification policy
by Malavika Santhebennur • 6 Feb 2020
Industry super fund-owned bank ME has announced changes to its income verification policies to address what the bank... READ MORE
Prospa expands Queensland team
by Hannah Dowling • 4 Feb 2020
Prospa has announced two new appointments within its Queensland team – a new state manager and a new business... READ MORE
Non-bank lender to ramp up broker partnerships
by Hannah Dowling • 3 Feb 2020
Over the weekend, the Morrison government’s First Home Loan Deposit Scheme (FHLDS) officially launched in its full... READ MORE
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