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Big banks bolster share of dwindling commercial volumes

by Charbel Kadib • 5 Aug 2020
The COVID crisis has triggered a sharp fall in business and commercial lending volumes and has shifted the competitive... READ MORE
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Melbourne businesses forced to close, banks to remain open

by Annie Kane • 3 Aug 2020
The Victorian Premier has announced that thousands of businesses will need to shut their doors this week, including... READ MORE
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Lender introduces ‘reaccreditation’ requirement

by Charbel Kadib • 3 Aug 2020
A lender has announced that it will “deactivate” the accreditation of brokers who do not successfully complete a... READ MORE
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Mortgage Choice welcomes specialist lender to panel

by reporter • 3 Aug 2020
Mortgage Choice has added a state government organisation to its residential lender panel, enabling its South... READ MORE
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Processing lags cost refinancers millions in savings

by Charbel Kadib • 31 Jul 2020
Owner-occupier refinancers have collectively lost over $10 million in savings due to delays in processing discharge... READ MORE
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NAB stops dealing with unlicensed debt management providers

by Malavika Santhebennur • 31 Jul 2020
The major bank is cracking down on unlicensed debt management companies, revealing that it will no longer deal with... READ MORE
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Westpac to onshore jobs to improve processing lags

by Annie Kane • 29 Jul 2020
The major bank has said that it will onshore 1,000 jobs following “challenging conditions for home lending processing... READ MORE
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Wisr reports 92% surge in loan originations

by Reporter • 29 Jul 2020
A spike in loan originations has contributed to an 18 per cent increase in the fintech’s operating revenue, its... READ MORE
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CML to acquire invoice finance lender

by Annie Kane • 28 Jul 2020
CML Group has entered into a binding agreement to purchase Skippr Invoice Finance in its latest plans to expand its... READ MORE
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Major bank introduces new serviceability probe

by Charbel Kadib • 27 Jul 2020
Brokers will now be required to document their clients’ post-retirement mortgage repayment plans, with a big four... READ MORE