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NAB, Westpac lose broker business
by Charbel Kadib • 12 Jun 2020
A deterioration in the major bank’s assessments processes has coincided with a decline in their share of mortgage...READ MORE
Lockdown triggering more retirement conversations
by Annie Kane • 12 Jun 2020
More brokers are looking to retire or semi-retire after spending more time at home due to the COVID-19 social... READ MORE
AOFM to invest $90m in Prospa warehouse
by Hannah Dowling • 12 Jun 2020
The Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group... READ MORE
Hot Property: The biggest property headlines from the week that was
by Staff Reporter • 12 Jun 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property... READ MORE
New BID guidance imminent
by Annie Kane • 11 Jun 2020
ASIC has revealed that it will soon publish its regulatory guide for mortgage brokers on how it will assess compliance... READ MORE
CBA faces class action over credit insurance
by Annie Kane • 11 Jun 2020
A class action has been filed against Commonwealth Bank in relation to allegations that the major bank sold its... READ MORE
Lender lifts fixed mortgage rates
by Reporter • 11 Jun 2020
A non-major lender has announced fixed-rate increases across both its owner-occupied and investment home loans.
READ MORE
New non-resident loan product launched
by Hannah Dowling • 11 Jun 2020
Better Choice Home Loans has announced the launch of a new mortgage product for non-residents wishing to purchase a... READ MORE
Why this broker outsources her social media tasks
by Malavika Santhebennur • 11 Jun 2020
SA/NT Finance Broker of the Year, Monica Wandel of SA Finance Hub, explains why she outsources her social media... READ MORE
Major brokerage sees ‘influx’ of HomeBuilder enquiries
by Hannah Dowling • 10 Jun 2020
Aussie Home Loans has reported an “influx” in enquiries over the last week, following the announcement of the... READ MORE
NSW launches $36m project to tackle homelessness
by Annie Kane • 10 Jun 2020
NSW state government has launched its largest housing response dedicated to rough sleepers, providing $36 million into... READ MORE
Broker market share hit by ‘blowout’ in turnaround times
by Charbel Kadib • 9 Jun 2020
A spike in processing times for mortgage applications has contributed to a decline in the share of broker-originated... READ MORE
Government extends instant asset write-off deadline
by Annie Kane • 9 Jun 2020
The federal Treasurer has extended the $150,000 instant asset write-off scheme by six months to help businesses buy new... READ MORE
Deferral customers prematurely resuming repayments: ANZ
by Charbel Kadib • 9 Jun 2020
One in three mortgage deferral customers has opted to recommence paying down their debt ahead of the expiry of their... READ MORE
SMEs most likely to turn to brokers for buying assets
by reporter • 9 Jun 2020
While SMEs look to brokers for help with their finances, research shows that this is particularly the case with buying... READ MORE
AFG completes equity raise
by Reporter • 9 Jun 2020
The mortgage aggregator has completed the final phase of a $60-million equity raise aimed at strengthening its... READ MORE
Real estate marketplace partners with broker channel
by Hannah Dowling • 9 Jun 2020
Real estate marketplace ListingLoop.com.au has launched a new referral program that will see brokers provide clients... READ MORE
Industry CEOs to participate in Vinnies Sleepout
by Annie Kane • 8 Jun 2020
Several CEOs and heads of finance companies operating in the broker channel will be taking part in the Vinnies CEO... READ MORE
Brokers identify market hotspots
by Hannah Dowling • 8 Jun 2020
In the era of COVID-19 and record-low interest rates, Aussie Home Loans brokers have highlighted key localities where... READ MORE
SFG appoints new state manager
by Hannah Dowling • 8 Jun 2020
Mortgage aggregator Specialist Finance Group has announced the appointment of Hannah Carter as its new state manager... READ MORE
‘Don’t rush in’: Risks of new housing scheme flagged
by Charbel Kadib • 5 Jun 2020
Broker support is critical for borrowers looking to capitalise on the government’s new housing grants, Aussie Home... READ MORE
AFG welcomes specialist lender to its panel
by Hannah Dowling • 5 Jun 2020
The aggregator has welcomed specialty asset finance lender Australian Motorcycle & Marine Finance (AMMF) to AFG... READ MORE
Finsure expands third-party team, appoints new BDMs
by Reporter • 5 Jun 2020
The mortgage aggregator has announced the appointment of new business development managers for NSW and... READ MORE
Brokers diversify income as EOFY looms
by Hannah Dowling • 5 Jun 2020
Brokers are “racing” to diversify their income ahead of EOFY, including the expansion into asset financing,... READ MORE
Brokers wrote half of FHLDS loans
by Hannah Dowling • 4 Jun 2020
The latest figures for the FHLDS suggest that brokers assisted in up to 50 per cent of placements within the scheme, as... READ MORE
Low repayment loan for brokers launches
by Annie Kane • 4 Jun 2020
Specialist lender TrailBlazer Finance has launched a new low repayment loan for mortgage brokers and financial... READ MORE
PLAN bolsters lending panel
by Hannah Dowling • 4 Jun 2020
The aggregator has announced the addition of Better Choice Home Loans to its lending... READ MORE
How prioritising relationships pays off for this broker
by Malavika Santhebennur • 4 Jun 2020
Strong relationships with clients, staff and referral partners have helped this brokerage grow and succeed.
READ MORE
Major bank overhauls assessment process
by Charbel Kadib • 3 Jun 2020
A big four bank has bolstered its assessment team and will prioritise “sensitive” loan applications to address a... READ MORE
Industry reacts to cash rate decision
by Hannah Dowling • 3 Jun 2020
The Reserve Bank of Australia has announced its decision to leave the official cash rate unchanged at 0.25 per cent... READ MORE
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KNOWLEDGE CENTRE
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