Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Asset finance platform offers brokers free marketing

by Hannah Dowling • 25 Mar 2020

Personal and asset finance platform Nodifi is offering complimentary digital marketing materials to mortgage brokers to...READ MORE

Pepper confirms trail stance for COVID-19 loans

by Annie Kane • 24 Mar 2020

Pepper Money has become the first lender to publicly announce its position on trail commission payments to brokers for... READ MORE

Non-majors announce loan relief packages

by Charbel Kadib • 24 Mar 2020

Several non-major lenders have announced relief measures for consumers affected by the coronavirus outbreak, which... READ MORE

Responsible lending exemption issued

by Annie Kane • 24 Mar 2020

The government is providing lenders with an exemption from responsible lending obligations for a period of six months... READ MORE

Lenders to announce COVID-19 trail policy

by Annie Kane • 23 Mar 2020

The banks have said they are “conscious that brokers are small businesses [and will] require support”, and will be ... READ MORE

Senior NAB exec to step down

by Charbel Kadib • 23 Mar 2020

The major bank has announced the departure of another senior executive, just weeks after confirming the resignation of... READ MORE

‘More help’ issued for SMEs and sole traders

by Annie Kane • 23 Mar 2020

The government has released a second support package to “cushion the blow” of the coronavirus on the economy,... READ MORE

TMB lowers serviceability, fixed rates

by Hannah Dowling • 23 Mar 2020

TMB Ltd has lowered its interest rate floor for home loan serviceability assessments, as well as announced rate cuts... READ MORE

ANZ announces policy changes

by Hannah Dowling • 23 Mar 2020

The major bank has announced changes to its genuine savings policy for FHBs, as well as extended its tax return... READ MORE

Big banks offer mortgage repayment relief

by Charbel Kadib • 20 Mar 2020

The major banks have outlined how they are supporting those affected by the coronavirus pandemic and its economic... READ MORE

Brokers urged to help SMEs through COVID-19

by Hannah Dowling • 20 Mar 2020

SME lenders are calling on brokers to educate their SME clients on how to take full advantage of the government’s new... READ MORE

Banks move to adopt remote loan writing and VOI process

by Malavika Santhebennur • 20 Mar 2020

With society increasingly adopting social distancing as the COVID-19 pandemic continues, several lenders... READ MORE

RBA, government to provide lenders with billions for SMEs

by Annie Kane • 19 Mar 2020

The central bank and federal government are establishing new multibillion-dollar initiatives to enable lenders to... READ MORE

RBA pulls emergency lever

by Charbel Kadib • 19 Mar 2020

The central bank has announced an emergency cut to the official cash rate to further stimulate the domestic economy as... READ MORE

ASBFEO calls on PM to help sole traders

by Hannah Dowling • 19 Mar 2020

The small business ombudsman has called upon the Prime Minister to expand the small-business stimulus package to... READ MORE

CUA lending volumes take hit in ‘conscious’ move

by Malavika Santhebennur • 19 Mar 2020

The value of new loans issued by the credit union dropped by almost 36 per cent in the first half of FY20, the lender... READ MORE

AFG, Purple Circle outline response to coronavirus

by Charbel Kadib • 19 Mar 2020

The aggregators have joined peers in issuing guidance to their broker networks in response to the “significant... READ MORE

ASIC alleges bank subsidiary engaged in ‘serious misconduct’

by reporter • 19 Mar 2020

The financial services regulator has taken Societe Generale Securities Australia to court over allegations that it... READ MORE

‘Be alert, not alarmed’: Aggregators react to COVID-19

by Charbel Kadib • 18 Mar 2020

Broking industry heads have reached out to members amid growing uncertainty surrounding coronavirus pandemic,... READ MORE

Broker reveals his coronavirus mortgage plan

by Annie Kane • 18 Mar 2020

As the coronavirus pandemic develops, mortgage brokers have been actively reaching out to clients to outline their... READ MORE

La Trobe Financial offers virus-hit SMEs assistance

by reporter • 18 Mar 2020

The non-bank lender is offering hardship assistance for small-business customers that are financially impacted by the... READ MORE

TMBL increases LVRs for loans with LMIs

by Malavika Santhebennur • 18 Mar 2020

The mutual banking group has lifted its maximum LVRs from 90 per cent to 95 per cent for existing dwellings for all... READ MORE

Associations issue advice amid coronavirus challenge

by Charbel Kadib • 17 Mar 2020

The peak industry bodies have offered guidance to brokers as they tackle the merging challenges posed by the... READ MORE

Neobank makes second home loan rate cut

by Malavika Santhebennur • 17 Mar 2020

86 400 has announced a cut to its variable home loan rates for new and early lending, reducing its variable rate for... READ MORE

Bendigo and Adelaide Bank announces relief package for customers

by reporter • 17 Mar 2020

The non-major has rolled out a range of support measures for customers affected by the coronavirus.

Better Choice appoints new BDMs

by Hannah Dowling • 17 Mar 2020

Better Choice Home Loans has announced the appointment of three new business development managers across the country in... READ MORE

ANZ cuts business rates to counter coronavirus threat

by Charbel Kadib • 16 Mar 2020

The major bank has slashed variable rates across a range of business loan products in response to the economic impact... READ MORE

Smartline launches initiative for female brokers

by Hannah Dowling • 16 Mar 2020

The REA Group-owned broking branch has announced a new campaign, which is aimed at encouraging more women to join the... READ MORE

Competition for owner-occupiers heats up

by Charbel Kadib • 16 Mar 2020

Owner-occupiers are increasingly on the hunt for a better deal, with a growing number of mortgage holders refinancing... READ MORE

Customer education ‘key element’ of BID: PLAN

by Hannah Dowling • 16 Mar 2020

Providing consumers with education around loan affordability and detailing how a product may or may not be suitable for... READ MORE

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