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Brokers charged for forgery, misleading statements
by Reporter • 3 Sep 2020
ASIC has laid separate charges against two brokers who have been accused of forging documents and submitting false...READ MORE
La Trobe Financial releases three new loan products
by Annie Kane • 2 Sep 2020
The non-bank lender has launched three new products, including a bridging loan, a loan for non-residents and one... READ MORE
QBE chief steps down
by Lachlan Maddock • 2 Sep 2020
The CEO of QBE Insurance Group has stepped down following an investigation into his workplace communications and... READ MORE
New broker review and marketing solution launched
by Malavika Santhebennur • 2 Sep 2020
A real estate agent ratings and statistics website has launched a similar ratings and digital marketing solution for... READ MORE
Borrowers urged to ‘take action’ and shop around
by Reporter • 2 Sep 2020
Mortgage-holders have been encouraged to “get on the front foot” and search for better deal ahead of the expiry of... READ MORE
Brokers dominate FHLDS originations
by Charbel Kadib • 1 Sep 2020
The third-party channel originated the lion’s share of FHLDS placements during the first phase of the program, new... READ MORE
Major brokerage appoints state manager
by Malavika Santhebennur • 1 Sep 2020
Mortgage Choice has appointed a new state manager for Victoria/Tasmania after the departure of former state manager Max... READ MORE
Broker petitions banks to digitise mortgage process
by Annie Kane • 1 Sep 2020
A Victoria-based broker has launched a petition for banks to digitise home loan contracts and standardise the ID... READ MORE
Choice reports record settlements in July
by Malavika Santhebennur • 1 Sep 2020
Choice Aggregation Services brokers settled a record amount of loans in July, buoyed by high demand for refinancing... READ MORE
PLAN launches two new white label brands
by reporter • 1 Sep 2020
The aggregator has launched two new white label brands, run in partnership with Pepper... READ MORE
Calls mount for HomeBuilder reform
by Annie Kane • 31 Aug 2020
There are growing concerns that the utility of the HomeBuilder scheme is being undermined as the current structure is... READ MORE
AFG earnings buoyed by broker output
by Charbel Kadib • 31 Aug 2020
Strong broker-originated settlement growth has underpinned a 15 per cent increase in the diversified mortgage... READ MORE
Clawback changes to take effect 1 January: Treasury
by Annie Kane • 31 Aug 2020
The federal Treasury has confirmed that the proposed changes to broker clawback arrangements are expected to take... READ MORE
Mortgage Choice earnings hit by new rem model
by Charbel Kadib • 28 Aug 2020
An increase in commissions paid to the group’s broker network has driven a 16 per cent slide in earnings, offset by a... READ MORE
ANZ, CBA launch online business lending platforms
by Annie Kane • 28 Aug 2020
Both ANZ and CBA have launched new online lending platforms for business loans that claim to conditionally approve... READ MORE
Frank Ganis joins listed brokerage group
by Malavika Santhebennur • 28 Aug 2020
The former Yellow Brick Road CEO will join the board of an ASX-listed brokerage and financial services... READ MORE
Alternative lender joins AFG panel
by Malavika Santhebennur • 28 Aug 2020
A fintech SME lender has joined AFG’s panel of specialist finance providers.
READ MORE
Hot Property: The biggest property headlines from the week 24-28...
by reporter • 28 Aug 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 28... READ MORE
More clarity needed over clawback recoupment
by Annie Kane • 27 Aug 2020
The head of a major aggregation group has called for more guidance around whether the ban on clawback recoupment will... READ MORE
Broker market share hits annual high
by Charbel Kadib • 27 Aug 2020
The value of broker-originated home loans has bounced back after declining in the months preceding the economic fallout... READ MORE
BID could boost broker market share: Choice
by Malavika Santhebennur • 27 Aug 2020
The best interests duty could significantly increase the market share of brokers writing loans in the next three years,... READ MORE
FBAA urges lenders to move to digital docs
by Malavika Santhebennur • 26 Aug 2020
The FBAA has said it is “farcical” for lenders to still be posting loan documents to brokers, and is urging banks... READ MORE
Brokers urged to help SMEs brace for ‘D-day’
by Reporter • 26 Aug 2020
Brokers have been encouraged to prepare for the resumption of debt obligations following the expiry of COVID-related... READ MORE
Non-bank launches loan product for self-employed
by Malavika Santhebennur • 26 Aug 2020
Better Choice Home Loans has launched a new home loan product for self-employed borrowers with no risk fee or... READ MORE
Brokerage awarded B Corp certification
by Malavika Santhebennur • 26 Aug 2020
A Sydney-based brokerage is the first specialist finance brokerage to have been given a B Corporation... READ MORE
Borrowers turn to government stimulus to pay mortgage
by Annie Kane • 25 Aug 2020
An increasing number of people are using government stimulus payments to pay their mortgages or rent, according to new... READ MORE
ANZ extends cashback offer deadlines
by Malavika Santhebennur • 25 Aug 2020
The major bank has extended cashback and drawdown deadlines for borrowers lodging applications to refinance their home... READ MORE
Advice remediation bill exceeds $1bn
by Reporter • 25 Aug 2020
Banks and financial services institutions have incurred over $1 billion in remediation charges associated with the... READ MORE
Remote working to shift property price trends
by Malavika Santhebennur • 25 Aug 2020
The best performing areas in terms of property prices could change as remote working will make living outside the... READ MORE
Lender closes branches in all but one state
by Annie Kane • 24 Aug 2020
A non-major bank has announced that it is closing all its branches outside of its home state, as it prioritises the... READ MORE
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