Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Heritage appoints new BDM

by Hannah Dowling • 8 May 2020

The non-major bank has announced the appointment of an experienced BDM to support its broker services in NSW and...READ MORE

Connective responds to calls for credit policy clarity

by Reporter • 8 May 2020

The aggregator has launched a program to assist brokers in managing COVID-19-induced changes to lender products and... READ MORE

Bank drops rates, commits to 24-hour turnarounds

by Annie Kane • 7 May 2020

Neobank 86 400 has committed to 24-hour turnarounds as it drops its fixed rates, reduces minimum serviceability... READ MORE

Next generation of mortgage-holders favour tech

by Hannah Dowling • 7 May 2020

First home buyers have proven their preference for tech-driven marketing, after being found to be the most highly... READ MORE

How this broker uses three steps to clinch a client

by Malavika Santhebennur • 7 May 2020

MAP Home Loans broker Craig Vaughan shares the three steps he follows to acquire new clients and how he learnt from his... READ MORE

How important is it to get a good rate?

by Cameron Micallef • 7 May 2020

An ever-changing regulatory environment is creating not only economic turmoil, but an opportunity for sophisticated... READ MORE

Brokers thanked for role in supporting SMEs

by Annie Kane • 6 May 2020

Brokers, accountants and bookkeepers have been thanked by the ASBFEO for their work in supporting small businesses... READ MORE

SMSF lender joins AFG panel

by Reporter • 6 May 2020

A new lender has been appointed to AFG’s panel, providing the aggregator’s broker network with access to a new... READ MORE

Mortgage activity sinks 16.5%

by Reporter • 6 May 2020

Demand for housing finance has fallen sharply across every state and territory, the latest CoreLogic data has... READ MORE

Aggregator launches broker connect tools

by Malavika Santhebennur • 6 May 2020

Purple Circle has launched new tools to help brokers stay in touch with their clients and their referrers during the... READ MORE

ME Bank reviewing affected redraw customers

by Annie Kane • 5 May 2020

The non-major bank is to review the personal circumstances of each customer affected by its controversial change to... READ MORE

Banks freeze $6.8bn in loans

by Reporter • 5 May 2020

Australia’s banking sector has collectively deferred over half a million loans valued at approximately $6.8 billion,... READ MORE

Westpac earnings plunge, mortgage book thins

by Charbel Kadib • 5 May 2020

A 70 per cent slide in the major bank’s cash earnings has been compounded by a contraction in its residential... READ MORE

New broker commission software launches

by reporter • 5 May 2020

Industry SaaS provider Escientia has released a new software that aims to simplify and streamline mortgage broker... READ MORE

Bank ceases lending for off-the-plan purchases

by Reporter • 4 May 2020

A non-major lender has announced that it will no longer issue credit for off-the-plan property purchases and has... READ MORE

Non-bank extends broker channel presence

by Annie Kane • 4 May 2020

Brighten Home Loans has joined the lender panel of Vow Financial, its first aggregator partnership, as the non-bank... READ MORE

Mortgage Choice rebrands wealth business

by Reporter • 4 May 2020

The financial services group has officially rebranded its wealth division as part of a broader transformation... READ MORE

The ATO and ASBFEO reveal how JobKeeper affects business

by reporter • 4 May 2020

The Australian Taxation Office, the ASBFEO and Reckon are joining our sister title, My Business, in a free, live and... READ MORE

ANZ ‘cleans up’ turnaround times, volumes surge

by Charbel Kadib • 1 May 2020

The major bank’s home loan volumes have spiked over the past six weeks despite the slide in housing market... READ MORE

Brokers drove 80% of FHLDS applications for bank

by Annie Kane • 1 May 2020

The vast majority of applications for the First Home Loan Deposit Scheme submitted to a WA-based bank came through... READ MORE

AFCA slammed with complaints as hardship requests soar

by Sarah Kendell • 1 May 2020

The financial services industry ombudsman has received over 450 complaints so far relating to consumer treatment by... READ MORE

Bank to automatically move borrowers to new products

by Annie Kane • 30 Apr 2020

A non-major bank has announced that it will automatically switch customers on legacy mortgages to new products... READ MORE

Big 4 unfazed by sharper pricing from non-majors

by Charbel Kadib • 30 Apr 2020

Lower home loan rates offered by smaller lenders had no bearing on the big four’s pricing decisions, the ACCC has... READ MORE

New online learning centre for brokers launches

by reporter • 30 Apr 2020

The Adviser has launched a brand new e-learning centre, The Knowledge Centre, to help brokers earn CPD points and... READ MORE

How this broker manages a 10-person team

by Hannah Dowling • 30 Apr 2020

Recently crowned SA/NT Broker of the Year and Best Residential Broker at the Better Business Awards 2020, Adelaide... READ MORE

Aussie launches stay-at-home ad campaign

by Malavika Santhebennur • 30 Apr 2020

The major brokerage has announced a new home advertising campaign and the integration with a mortgage origination... READ MORE

Treasury calls for ‘greater transparency’ in home loans

by Annie Kane • 29 Apr 2020

The federal Treasury has welcomed the release of the ACCC Home Loan Price Inquiry, stating that the findings... READ MORE

Westpac tightens screws on LMI, income verification

by Reporter • 29 Apr 2020

The major bank has amended its residential lending policy to reflect changes in its economic outlook amid the ongoing... READ MORE

NAB secures $3bn in capital

by Hannah Dowling • 29 Apr 2020

The major bank has successfully secured $3 billion in capital from domestic and overseas investors in a share placement... READ MORE

JobKeeper claims deadline extended

by Reporter • 29 Apr 2020

The claims period for the JobKeeper payment has been extended by the federal government.

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