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Lender
YBR signs $120m RMBS deal
by Charbel Kadib • 25 Feb 2020
The financial services group has agreed terms with an Australian bank for a $120-million residential mortgage-backed...
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MyState to bank on FHBs as settlements slip
by Hannah Dowling • 24 Feb 2020
The Tasmania-based bank has reported a 15.4 per cent decrease in its loan settlements in the first half of the 2020...
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Brokers invited to assess lender performance in new survey
by Michael Johnson • 24 Feb 2020
A major survey of the lending space has launched, calling on brokers to assess the performance of Australia’s...
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Macquarie revises serviceability measures
by Malavika Santhebennur • 20 Feb 2020
The non-major has announced that it is revising its maximum acceptable debt-to-income measure for high loan-to-value...
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Online lender appoints new NSW/ACT BDM
by Malavika Santhebennur • 19 Feb 2020
SME lender OnDeck Australia has appointed former Rugby Sevens captain and broker Nick Reily to the newly created role...
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Lender to consider ‘lifestyle changes’ in serviceability test
by Reporter • 19 Feb 2020
Demonstrable commitments from prospective borrowers to adjust their spending ahead of a home loan application will be...
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Mutual bank joins SFG panel
by Hannah Dowling • 18 Feb 2020
Specialist Finance Group has announced the addition of MOVE Bank to its lender panel, giving SFG brokers access to the...
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Westpac integrates CCR, updates loan process
by Malavika Santhebennur • 17 Feb 2020
Westpac Group has announced it is updating its consumer credit policy to use comprehensive credit reporting (CCR)...
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Timing and application of new misconduct rules questioned
by Annie Kane • 11 Feb 2020
Further concerns have been raised regarding new exposure draft legislation that will bring in new reference check and...
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Banks relax valuation policies
by Malavika Santhebennur • 11 Feb 2020
Major bank ANZ and non-major bank Gateway have loosened their credit and valuation policies.
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