Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

MyBudget scrambles for AFS licence after ASIC probe

by Sarah Simpkins • 20 Jul 2021

Budgeting provider MyBudget has applied for an Australian financial services licence, after a recent ASIC...READ MORE

AMP dodges criminal charges in fees-for-no-service investigation

by Sarah Simpkins • 19 Jul 2021

ASIC has decided to end an investigation into alleged criminal conduct by an AMP financial advice business, relating to... READ MORE

Former broker, Westpac BDM join Resimac

by Sarah Simpkins • 19 Jul 2021

Non-bank lender Resimac has recruited a former broker and Westpac business development manager.

Lend expands asset finance panel

by reporter • 19 Jul 2021

The commercial finance platform has welcomed four new lenders to its asset finance panel.

Government releases new compensation legislation for consultation

by Annie Kane • 16 Jul 2021

The Morrison government on Friday released exposure draft legislation to establish the compensation scheme of last... READ MORE

APRA urged to consider business loans in banking review

by Sarah Simpkins • 16 Jul 2021

The small business ombudsman has argued that APRA needs to better support new entrants to the banking industry, in... READ MORE

Larger business deals to trend up: ScotPac CEO

by Annie Kane • 16 Jul 2021

The CEO of the non-bank lender has forecast a strong uptick in large deal opportunities for brokers for the remainder... READ MORE

Hot Property: The biggest property headlines from the week 12 to 16...

by Reporter • 16 Jul 2021

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 16... READ MORE

Nodifi records rise in vehicle finance

by Reporter • 16 Jul 2021

Fintech platform Nodifi has seen an increase in car loans from the broker channel in the last quarter, but the group... READ MORE

FBAA announces membership fee freeze

by Malavika Santhebennur • 16 Jul 2021

The association has told its members that it will not be raising membership fees this year, following similar moves in... READ MORE

Victorian and Tasmanian brokers celebrated at BBAs

by Annie Kane • 15 Jul 2021

The leading brokers in Victoria and Tasmania have been named at The Adviser’s Better Business Business Awards in... READ MORE

NAB targeting ‘consistency’ in turnarounds and decisioning

by Annie Kane • 15 Jul 2021

The major bank’s new executive for broker distribution says the bank is focused on making turnarounds and decisioning... READ MORE

Choice adds Judo to lending panel

by Sarah Simpkins • 15 Jul 2021

Judo Bank has joined the lender panel of Choice Aggregation Services, with the move reportedly expanding its reach to... READ MORE

Bank announces new head of broker 3

by Annie Kane • 14 Jul 2021

Great Southern Bank has appointed a new head of broker and insurance partnerships.

Techlend launches BNPL bridging home loans

TechLend launches new 'BNPL' bridging loans

by Sarah Simpkins • 14 Jul 2021

A broker and an ex-lender strategy head have teamed up to launch a digital non-bank, rolling out an interest-free... READ MORE

Finalists revealed for Women in Finance Awards 2021

by reporter • 14 Jul 2021

More than 200 women from across the financial services industry are in the running for the Women in Finance Awards... READ MORE

Plenti upsizes automotive facility to $450m

by Malavika Santhebennur • 14 Jul 2021

The fintech lender has increased the capacity of its automotive loan warehouse facility by $100 million amid loan... READ MORE

NSW releases COVID-19 support for SMEs and individuals

by Malavika Santhebennur • 13 Jul 2021

The NSW and federal governments have launched expanded support for businesses and workers affected by extended... READ MORE

Volt acquires non-bank lender

by Annie Kane • 13 Jul 2021

Volt Bank has fully acquired non-bank fintech Australian Mortgage, as it moves to deliver a digital mortgage solution... READ MORE

CHL Elevate reports 224% spike in loan volumes

by Malavika Santhebennur • 13 Jul 2021

Connective Elevate home loan application volumes have increased by more than 220 per cent since replacing another... READ MORE

Nectar teams with credit repair agency

by Sarah Simpkins • 13 Jul 2021

Franchise brokerage Nectar Mortgages has partnered with credit repair agency Clear Credit Solutions, as the pair has... READ MORE

Former director pleads guilty to false document charges

by reporter • 13 Jul 2021

A former director of a Sydney financial services company has pleaded guilty to one count of making false documents and... READ MORE

Banjo launches bridging finance offering

by Annie Kane • 12 Jul 2021

The SME lender has launched a new bridging finance product to help businesses grow “uninterrupted” by... READ MORE

BMM tweaks SMSF rates, LVR and limits

by reporter • 12 Jul 2021

Better Mortgage Management has increased limits and loan-to-value ratios, and dropped rates, on some of its SMSF loan... READ MORE

OnDeck reports spike in broker-originated loans

by Malavika Santhebennur • 12 Jul 2021

The SME lender has seen a 175 per cent rise in the number of broker-originated loans in the first half of 2021,... READ MORE

Former Mortgage Choice executive to take on Sydney auctions

by reporter • 12 Jul 2021

The major brokerage’s former head of recruitment has moved into the auction space, revealing a new business... READ MORE

AFG brokers lodged $81bn in FY21

by Annie Kane • 9 Jul 2021

Brokers aggregating under AFG lodged more than $81 billion in home loans over FY21, after closing the year with a... READ MORE

Prime Capital expands BDM team

by Annie Kane • 9 Jul 2021

Three new business development managers have joined non-bank lender Prime Capital as it bolsters its broker support... READ MORE

MyState names marketing, comms manager

by Sarah Simpkins • 9 Jul 2021

MyState Bank has appointed a new marketing manager to oversee broker communications.

Hot Property: The biggest property headlines from the week 5 to 9 July

by Reporter • 9 Jul 2021

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 9... READ MORE

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