Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Brokers urged to contact clients on deferred loans

by Malavika Santhebennur • 21 Oct 2020

The industry association MD has appealed to brokers to contact clients who are still on mortgage repayment...READ MORE

Former Vow Financial BDM joins Loan Market

by Charbel Kadib • 21 Oct 2020

Loan Market has announced the appointment of a former Vow Financial BDM to its Broker Success team.

Mortgage Choice exec joins wealth platform board

by Malavika Santhebennur • 21 Oct 2020

The major brokerage’s general manager of distribution has joined the board of wealth fintech group Stropro.

NAB gains ground in broker space as peers slip

by Charbel Kadib • 20 Oct 2020

NAB was the only big four bank to attract a greater share of broker lodgements in the latest release of Momentum... READ MORE

Millennials prioritising home ownership

by Annie Kane • 20 Oct 2020

The Millennial generation is the largest cohort prioritising home ownership over lifestyle aspirations, new data from... READ MORE

Complaints extension to end on 1 November

by Annie Kane • 20 Oct 2020

From 1 November, finance companies will need to respond to complaints that have already been through an IDR process in... READ MORE

Major bank to pay $15m for engaging unlicensed introducers

by Annie Kane • 19 Oct 2020

A big four bank has been ordered to pay a civil penalty of $15 million for engaging with unlicensed home loan... READ MORE

Brokers reveal what they want in an aggregator

by Annie Kane • 19 Oct 2020

The results of the 2020 Aggregator of Choice survey, run by Momentum Intelligence, are in – revealing the key areas... READ MORE

Broker charged for falsifying ACL statement

by Malavika Santhebennur • 19 Oct 2020

A NSW mortgage broker has been changed with making a false statement in a credit licence annual compliance certificate... READ MORE

Brokerage signs deal with women’s education platform

Mortgage Choice partners with financial education platform

by Malavika Santhebennur • 19 Oct 2020

Mortgage Choice has announced that it has become a founding partner of a new financial education platform for women,... READ MORE

Further details of the Australian Business Growth Fund revealed

by Annie Kane • 16 Oct 2020

The inaugural CEO of the Australian Business Growth Fund has outlined further details of the newly incorporated... READ MORE

Brokers increasingly writing loans with non-majors

by Annie Kane • 16 Oct 2020

The proportion of loans sent to non-major lenders by AFG brokers has risen in recent months, driven by a jump in... READ MORE

Deposit Power posts 44% year-on-year growth

by Malavika Santhebennur • 16 Oct 2020

The deposit bond provider has attributed a substantial year-on-year growth in revenue to brokers increasingly... READ MORE

Wisr kicks off FY21 with 47% loan growth

by Reporter • 16 Oct 2020

The lender has reported a sharp increase in lending volumes over the first quarter of the 2021 financial year.

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

by Reporter • 16 Oct 2020

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

Record number of mortgage brokers writing commercial loans

by Annie Kane • 15 Oct 2020

The number of mortgage brokers writing commercial loans has hit a new high for the second time in a row, with the value... READ MORE

AFG brokers lodged record $18bn in 1Q21

by Annie Kane • 15 Oct 2020

More than $18 billion worth of loans were lodged by AFG brokers in the first quarter of FY21, the aggregator has... READ MORE

PLAN Australia rolls out two white label products

by Malavika Santhebennur • 15 Oct 2020

The aggregator has followed the footsteps of Choice Aggregation by expanding its white label offering in partnership... READ MORE

How this broker chose his aggregator

by Malavika Santhebennur • 15 Oct 2020

Melbourne-based mortgage broker Bernard Desmond recounts his painstaking process of choosing a new aggregator for his... READ MORE

Mutual bank to move to ‘digital first’ strategy

by Annie Kane • 14 Oct 2020

Teachers Mutual Bank Ltd has revealed that it is moving to a “digital first” strategy and will develop an online... READ MORE

New Broker Academy 2020 launches

by Annie Kane • 14 Oct 2020

New and prospective brokers will learn the key strategies and tools they need to succeed at The Adviser’s New Broker... READ MORE

Virgin Money announces aggregator deal

by Malavika Santhebennur • 14 Oct 2020

The lender has formed a new partnership with Vow Financial which will allow the aggregator’s brokers access to its... READ MORE

Quarter of SMEs risk shutdown without support

by Malavika Santhebennur • 14 Oct 2020

A quarter of small businesses that are currently receiving income support would shut down if this support was removed... READ MORE

Lender to pay trail on loans with extended deferrals

by Annie Kane • 13 Oct 2020

A non-major lender has confirmed that it will continue to pay trail to brokers whose clients require extended loan... READ MORE

Liberty appoints national sales manager

by Malavika Santhebennur • 13 Oct 2020

The non-bank lender has appointed internally for its newly created role of national sales manager.

NSW, Vic get lion’s share of SME scheme: CBA

by Malavika Santhebennur • 13 Oct 2020

Nearly two-thirds of the funding provided under the first phase of the Coronavirus SME Guarantee Scheme by the major... READ MORE

Commercial brokerage acquires asset finance broker

by Annie Kane • 12 Oct 2020

Commercial finance and insurance brokerage QPF Finance Group has acquired an 80 per cent interest in an asset finance... READ MORE

FHLDS New Home Guarantee details released

by Annie Kane • 12 Oct 2020

Further details regarding the new 10,000 places released under the First Home Loan Deposit New Home Guarantee scheme... READ MORE

Former BDM banned for falsifying loan documents

by Malavika Santhebennur • 12 Oct 2020

A former St.George Bank BDM has been banned from engaging in credit activity and providing financial services for five... READ MORE

ActivePipe integrated into Podium in new partnership

by Malavika Santhebennur • 12 Oct 2020

Three aggregators have partnered with marketing automation platform ActivePipe to provide their 4,000 brokers with... READ MORE

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