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Regional bank becomes 22nd lender on Aussie panel

by Reporter • 17 Nov 2017
Aussie CEO James Symond welcomed the new addition to the panel, saying that he believes the non-major bank is... READ MORE

Broking industry asked to take survey on value proposition

by Reporter • 17 Nov 2017
The Mortgage Broking Industry Group is spearheading the project. This group consists of representatives from AFG,... READ MORE

Major bank fires staff over ‘incorrect’ home loan applications

by Reporter • 16 Nov 2017
The major bank released a statement on 16 November highlighting that, since 2013, around 2,300 home loans... READ MORE

‘Predatory loans’: Central bank slams P2P lending

by James Mitchell • 15 Nov 2017
The Federal Reserve Bank of Cleveland has released a new research paper titled Three Myths about Peer-to-Peer Loans,... READ MORE

Westpac Group’s R&O requirements now live

by Reporter • 14 Nov 2017
As announced earlier this month, brokers submitting loans through Westpac or its subsidiaries via their broker... READ MORE

Bluestone closes $300m RMBS

by Reporter • 10 Nov 2017
In a strong market, the Sapphire XVII deal was well received by investors, with over-subscription experienced across... READ MORE

Ex-CBA employee charged for role in $36m ‘fraud conspiracy’

by Reporter • 10 Nov 2017
Former CBA employee Andrew Cameron of Melbourne appeared before the Melbourne Magistrates’ Court today (10... READ MORE

Complex lending market has ‘winners and losers’

by Reporter • 10 Nov 2017
Alan Greenstein, the CEO of new fully licensed marketplace lender Zagga, said that there are both “winners and... READ MORE

Online SME lender delivers $500m to economy

by Reporter • 10 Nov 2017
According to the online lender, 2017 was a “bumper year” for the SME loan specialist, after securing over $50... READ MORE

Banks have created ‘SLAs on top of SLAs’ by outsourcing

by James Mitchell • 9 Nov 2017
As a former Mortgage Choice franchise employee, Ruth Hatherley witnessed first-hand how frustrating it can be to deal... READ MORE

NAB ‘open for business’ on IO, investor loans

by James Mitchell • 7 Nov 2017
NAB’s full-year results for the 2017 financial year reveal just how effective APRA’s caps on interest-only and... READ MORE

Westpac closes 58 branches in digital push

by Staff reporter • 6 Nov 2017
In its full-year results, announced on 6 November, Westpac noted that it has managed to save $262 million in FY17 by... READ MORE

Is RENTVESTING the new Aussie dream?

by La Trobe Financial Group • 3 Nov 2017
THE AUSTRALIAN DREAM of a white picket fence, a tyre swing and a Hills Hoist in the backyard is nearly gone. Throw in... READ MORE

Westpac bolsters responsible lending with ApplyOnline changes

by Staff reporter • 1 Nov 2017
From 14 November 2017, brokers will be required to complete additional Requirements & Objectives (R&O)... READ MORE

AFP charges RAMS founder with fraud

by James Mitchell • 31 Oct 2017
The ABC reported this morning (31 October) that Mr Kinghorn has been charged and will appear in Downing Centre Local... READ MORE
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