Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

ACCC expands SFSF administration

by Hannah Dowling • 9 Apr 2020

The ACCC has granted interim permissions for ASF members to jointly assist in the administration of the government’s...READ MORE

Gateway tightens lending conditions

by Reporter • 9 Apr 2020

The non-major lender has announced changes to its credit policy to reflect economic uncertainty from the coronavirus... READ MORE

86 400 secures $90m equity raise

by Hannah Dowling • 9 Apr 2020

Neobank 86 400 has announced that it has secured a $34-million series A capital raise, bringing its total figure for... READ MORE

Brokers should buckle down for the long haul: Choice

by Reporter • 8 Apr 2020

The aggregator has encouraged brokers to change their mindsets and prepare their businesses for “long-term... READ MORE

Non-bank appoints inaugural head of distribution

by Hannah Dowling • 8 Apr 2020

Non-bank lender Brighten Home Loans has announced the appointment of Natalie Sheehan to the newly created role of head... READ MORE

RBA leaves rates unchanged

by Malavika Santhebennur • 8 Apr 2020

The central bank has left the official cash rate unchanged at 0.25 per cent and has reiterated its stance on negative... READ MORE

How to build a ‘heart team’

by Hannah Dowling • 8 Apr 2020

The co-founder and board director of R U OK?, Graeme Cowan, reveals his top tips for running a resilient and... READ MORE

How non-bank lenders are pivoting amid COVID-19

by Annie Kane • 7 Apr 2020

As the coronavirus pandemic continues to disrupt the economy and impact funding lines, several non-bank lenders have... READ MORE

Neobank joins Buyers Choice lender panel

by Malavika Santhebennur • 7 Apr 2020

86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.

MyState, Heritage tighten risk appetites

by Reporter • 7 Apr 2020

The non-majors have joined several lenders in revising their credit risk appetites in response to credit quality... READ MORE

MFAA launches broker mental health program

by Hannah Dowling • 7 Apr 2020

The broking association has launched a new virtual program to assist brokers in handling their own stress, as well as... READ MORE

ACCC delays decision on AFG-Connective merger

by Charbel Kadib • 6 Apr 2020

AFG has confirmed that the ACCC’s decision on its proposed $120-million merger with Connective has been delayed upon... READ MORE

PM demands banks to ‘come to the party’ on rental relief

by Hannah Dowling • 6 Apr 2020

Banks will need to play their part in providing loan repayment relief to landlords, as measures to offer tenants rental... READ MORE

Resimac signs digital VOI partnerships

by Malavika Santhebennur • 6 Apr 2020

The non-bank lender has announced two new solicitor partnerships so brokers can originate home loans without needing to... READ MORE

NAB receives 50,000 loan relief requests

by Malavika Santhebennur • 6 Apr 2020

The major bank has reported that it has received requests from more than 50,000 customers wanting access to its... READ MORE

Calls for BID introduction to be delayed

by Hannah Dowling • 3 Apr 2020

Industry heads have been “working tirelessly” to delay the introduction of the best interests duty obligations for... READ MORE

Royden D’Vaz joins Loan Market

by reporter • 3 Apr 2020

Former Bluestone executive Royden D’Vaz has joined Loan Market as its new state director for Western... READ MORE

ABSF announces its first $250m investment

by Reporter • 3 Apr 2020

The federal government’s funds manager has revealed the recipient of its first $250-million tranche of investment to... READ MORE

COVID-19 business confidence survey launches

by reporter • 3 Apr 2020

A new monthly business confidence survey has launched today seeking to uncover the impacts of COVID-19 on Australian... READ MORE

Scottish Pacific acquisition of CML progresses

by Annie Kane • 2 Apr 2020

The acquisition of debtor finance specialist CML Group by Scottish Pacific has progressed further after the main... READ MORE

Heritage welcomes two new executive members

by reporter • 2 Apr 2020

A Queensland-based bank has announced two permanent appointments to its executive... READ MORE

Clients need guidance on bank loan relief, says broker

by Malavika Santhebennur • 2 Apr 2020

With banks releasing various loan relief packages amid the coronavirus pandemic, a Western Australia-based Loan Market... READ MORE

Bank revises commissions policy

by Charbel Kadib • 1 Apr 2020

A lender has announced changes to its broker remuneration model.

NextGen.Net launches digital document verification

by Hannah Dowling • 1 Apr 2020

The technology solutions provider has launched a new digital document verification service to enable loans to continue... READ MORE

Lenders sharpen focus on serviceability

by Reporter • 1 Apr 2020

A number of credit providers have revised their lending policies in response to growing economic uncertainty fuelled... READ MORE

Brokers encouraged to craft business continuity plan

by Reporter • 1 Apr 2020

The CEO of an aggregator has encouraged brokers to prepare their businesses for the economic threat posed by the... READ MORE

Banks inundated with SME loan deferral requests

by Annie Kane • 1 Apr 2020

Nearly 10 per cent of major banks’ business customers have contacted their bank for loan relief, with NAB receiving a... READ MORE

Record number of mortgage brokers writing commercial

by Annie Kane • 31 Mar 2020

The number of mortgage brokers writing commercial loans has hit a new high, with the value of commercial loans settled... READ MORE

Brokerage launches fundraiser for medical face masks

by Annie Kane • 31 Mar 2020

A Sydney-based brokerage that purchased and donated 30,000 medical-grade face masks to health professionals is now... READ MORE

NAB launches new SME offering

by Charbel Kadib • 31 Mar 2020

The major bank has announced the launch of a new funding facility for businesses affected by the coronavirus outbreak,... READ MORE

Read the latest issue of The Adviser magazine!

The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers