Breaking News
Brokerage collapses with $900k debt
The Commonwealth Bank has wound up a brokerage that had 80 staff at its peak but never recovered from the GFC.
READ MORENew publication launched for third-party distribution sector
Nominations close today for Top 25 Brokerages ranking
Survey records all-time high for foreign investment
Foreign buyers are now snapping up a quarter of new properties in Queensland, according to NAB.
READ MOREDigital processing the future for non-major bank
One lender has targeted a move to online-only applications after launching a new processing system.
READ MOREAussie plans massive growth
Will new home building save Australia’s economy?
Aggregator makes strong case for diversification
One leading aggregator has advised brokers to capitalise on a “growing demand” for commercial lending.
READ MOREAFG loans win investor approval
Investors have given approval to $300 million of home loans written by AFG brokers.
READ MORECommercial volumes jump 18pc in 12 months
Veda has warned that the Australian economy appears sluggish despite a big jump in commercial mortgage volumes.
READ MOREBrokers buoyant about new Sydney airport
Bank cuts two-year fixed rate to 4.75pc
One non-major has undercut the big four by reducing its two-year fixed rates to 4.75 per cent.
READ MORELender’s new offset account covers all products
RBA unlikely to raise interest rates any time soon
Residex reveals suburbs with best growth potential
Star brokerage keeps expanding
Bank defeats borrower in court
The Federal Court has ruled in favour of a bank after two borrowers challenged its right to seize their house.
READ MOREFranchise brokers gaining leads thanks to white label
Clients are being 'overwhelmed' by paperwork: FBAA
Consumer advocate fights for mortgage victims
One community legal centre has highlighted cases of mortgage hardship to justify free dispute resolution.
READ MOREShould lenders offer top brokers special deals?
Specialist lender cuts rates by 1pc
One specialist lender has cut more than 100 basis points from some home loan products.
READ MORENon-major eyes expansion with aggregator deals
Association calls for lower barriers to foreign investors
The federal government has been urged to cut red tape to make it easier for foreigners to buy real estate.
READ MOREAustralia needs more Asian migrants: economist
Referral app drives record volumes
Non-major cuts home loan rates
Competition in the third-party space remains strong, with another non-major lender cutting rates.
READ MORELender calls for fair mortgage competition
Home builder bemoan 'tough lending criteria'
Association urges govt to act on NCCP
The FBAA has revealed it has been meeting with federal officials to lobby for new credit rules.
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