Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Homeloans employs league legend to market brand

by Staff Reporter • 12 Feb 2010

Homeloans is currently ramping up its presence in the Queensland market.

Trail commissions under threat: FBAA

by Staff Reporter • 11 Feb 2010

Trailing commissions for brokers could soon become extinct, The FBAA’s president Peter White has warned.

Legislation a threat to investor market

by Staff Reporter • 11 Feb 2010

There is mounting concern that the proposed changes to NSW’s residential tenancy laws could scare off some... READ MORE

CBA warns of rate hike

by Staff Reporter • 11 Feb 2010

Despite posting a $2.9 billion interim cash profit, CBA’s chief executive Ralph Norris said the bank could be forced... READ MORE

Borrowers unhappy with bank service

by Staff Reporter • 11 Feb 2010

Poor bank service has left the door open for brokers to win borrower support.

Lending hit by higher rates

by Staff Reporter • 11 Feb 2010

The number of loans for new dwellings has dropped for the second consecutive month as the effect of three rate rises... READ MORE

Heritage culls brokers

by Staff Reporter • 10 Feb 2010

Following the departure of RAMS from the third party channel on 19 January, Heritage has become the latest lender to... READ MORE

Sintex gives introducers greater choice

by Staff Reporter • 10 Feb 2010

Sintex is ramping up its loan-to-value ratio (LVR) bands and limits to give its introducers more choice and opportunity... READ MORE

NAB to take slice of Homeloans Ltd

by Staff Reporter • 10 Feb 2010

Homeloans share price continues to surge as speculation mounts that 40 per cent of the non bank lender will be bought... READ MORE

Fraudulent broker jailed

by Staff Reporter • 10 Feb 2010

A former NSW mortgage broker and property developer has been jailed for two years and three months after pleading... READ MORE

Second tier lender matches majors

by Staff Reporter • 10 Feb 2010

ING Direct has been named as a finalist in the Mortgage and Finance Association of Australia’s (MFAA) Lender of the... READ MORE

Stargate upgrades broker platform

by Staff Reporter • 10 Feb 2010

Stargate has announced it will partner with Microsoft to deliver an updated business technology platform to its 2,000... READ MORE

Mortgage EZY unveils third revenue stream

by Staff Reporter • 9 Feb 2010

Non-bank lender Mortgage EZY has developed a unique program, KICK Lending, that gives its broker business partners the... READ MORE

Govt warns against further rate hikes

by Staff Reporter • 9 Feb 2010

Treasurer Wayne Swan has taken a pre-emptive shot at lenders, telling Parliament yesterday that the removal of the... READ MORE

Collins gives investors leg up

by Staff Reporter • 9 Feb 2010

In a bid to increase its market share, non-bank lender Collins Securities has launched a non-genuine savings product... READ MORE

Brokers fear overregulation

by Staff Reporter • 9 Feb 2010

Mounting overhead costs and burdensome disclosure requirements are just two issues brokers are concerned about when... READ MORE

Hemisphere takes flight

by Staff Reporter • 8 Feb 2010

RESIMAC has today officially launched its new retail lending business, Hemisphere Financial Services.

Home loan demand stumbles

by Staff Reporter • 8 Feb 2010

Demand for home loans dived in January as the effect of three consecutive interest rates took its toll on Australians... READ MORE

Firstfolio to acquire third target

by Staff Reporter • 8 Feb 2010

In a bid to become one of Australia’s leading non-bank mortgage managers, Firstfolio has made an off-market takeover... READ MORE

Auction results start year with a bang

by Staff Reporter • 8 Feb 2010

Despite three interest rate hikes last year and the threat of more this year, the real estate market has remained... READ MORE

Government shocks industry, withdraws guarantee

by Staff Reporter • 8 Feb 2010

In another sign that the economy is well on the road to recovery, the federal government has announced it will end its... READ MORE

Light at the end of the tunnel for RHG

by Staff Reporter • 5 Feb 2010

RHG Mortgage Corporation Limited looks set to reenter mortgage lending having raised its full-year profit guidance by... READ MORE

Homeloans expects profit surge

by Staff Reporter • 5 Feb 2010

Improving market conditions and robust business activity in the second half of 2009 have raised Homeloans expectations... READ MORE

Brokers to focus on long-term relationships: MFAA

by Staff Reporter • 5 Feb 2010

A new survey has found that borrowers are more likely to use brokers for short-term help in getting finance, but prefer... READ MORE