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MFAA welcomes new board members
by Annie Kane • 22 Nov 2019
Two brokers have become the newest directors elected to the Mortgage & Finance Association of Australia...READ MORE
Major mortgage borrower survey launches
by Annie Kane • 22 Nov 2019
A major mortgagor survey has launched, aiming to highlight the experiences of borrowers through the retail and... READ MORE
Better Business Awards entries close today
by reporter • 22 Nov 2019
Today marks the final day in which entries for The Adviser’s state-based awards program, the Better Business Awards... READ MORE
Broking industry losing female brokers
by Annie Kane • 21 Nov 2019
There are 100 fewer female brokers in industry than there were a year ago, according to a new MFAA report, suggesting... READ MORE
Bankwest cuts variable home loan rates
by Charbel Kadib • 21 Nov 2019
The lender has dropped variable mortgage rates by up to 18 bps across its owner-occupied and investment home loan... READ MORE
Demand stalls for fixed rates
by Hannah Dowling • 21 Nov 2019
New mortgage customers continue to be less inclined to fix their mortgage rates, according to new data released by... READ MORE
FBAA appoints new board member and state presidents
by Hannah Dowling • 21 Nov 2019
The broking association has announced its board members for 2020 team and appointed two new state... READ MORE
Expenditure benchmarks ‘ripe for further guidance’: ASIC
by Annie Kane • 20 Nov 2019
The use and regard to expenditure benchmarks is “an area that is ripe for further guidance from ASIC”, and will be... READ MORE
Broker calls for FHB deposit scheme caps to be lifted
by Hannah Dowling • 20 Nov 2019
A Sydney-based broker has raised concerns about the effectiveness of the price caps in the federal government’s First... READ MORE
COG appoints new executive director
by Malavika Santhebennur • 20 Nov 2019
Equipment finance broking company Consolidated Operations Group has announced the appointment of Mark Crain as an... READ MORE
Former NAB branch manager sentenced for loan fraud
by Annie Kane • 19 Nov 2019
A former Western Sydney NAB branch manager has been sentenced to 12 months imprisonment – to be served by way of... READ MORE
‘Interest rate gap’ sending broker volumes to non-majors
by Malavika Santhebennur • 19 Nov 2019
Mortgage brokers are increasingly choosing non-major banks, with a survey showing that four in 10 brokers have written... READ MORE
NAB launches new service for broker-introduced SME customers
by Charbel Kadib • 19 Nov 2019
The major bank has announced the launch of a new service designed to bolster its proposition for broker-introduced SME... READ MORE
N1H secures $22m to fund commercial lending ambitions
by Reporter • 19 Nov 2019
The ASX-listed group has announced that it has raised over $22 million in capital to fund its commercial lending... READ MORE
Lender appoints new CEO - Nov 2019
by Charbel Kadib • 18 Nov 2019
A specialist lender has announced the appointment of a new chief executive to guide it through its next phase of... READ MORE
Big bank CEOs deny ‘loyalty tax’ accusations
by Charbel Kadib • 18 Nov 2019
The chief executives of the big four banks have doubled down in defence of their mortgage pricing decisions after being... READ MORE
Lendi launches loan approval predictor tool
by Hannah Dowling • 18 Nov 2019
The online brokerage has launched a new tool that provides users with “greater confidence” around the likelihood of... READ MORE
CEO rejects ‘one size fits all’ clawback push
by Charbel Kadib • 18 Nov 2019
The chief executive of a non-bank lender has dismissed calls for a uniformed reduction to the clawback period for... READ MORE
Owner-occupiers spur improvement in arrears
by Reporter • 18 Nov 2019
National home loan delinquencies have improved, with only three states reporting arrears increases, according to the... READ MORE
We’re not to blame for slower processing times: ASIC
by Charbel Kadib • 15 Nov 2019
There is no evidence to suggest that ASIC’s responsible lending guidance has increased processing times and rejection... READ MORE
First home buyer activity spikes ahead of deposit scheme
by Malavika Santhebennur • 15 Nov 2019
Data released by Aussie Home Loans has revealed an increase in both first home buyer enquiries and applications during... READ MORE
Brokers help bolster Liberty’s bottom line
by Charbel Kadib • 15 Nov 2019
The non-bank has released its results for the 2019 financial year, reporting a $2.5-billion increase in its loan... READ MORE
Victorian brokerage merges operations with UFinancial
by Hannah Dowling • 15 Nov 2019
Melbourne-based brokerage eSelect has merged operations with financial services provider UFinancial as part of a new... READ MORE
Queensland leads in business lending in FY19
by Malavika Santhebennur • 14 Nov 2019
Broker-introduced commercial loans jumped significantly in Queensland in FY19 compared with all other states, according... READ MORE
Westpac updates owner-occupied lending policy
by Charbel Kadib • 14 Nov 2019
The major bank has revised its mortgage lending policy to allow owner-occupied loans to be secured against investment... READ MORE
Consolidated Operations and CML Group to merge
by Annie Kane • 13 Nov 2019
Australia’s largest equipment finance broking company and the debtor finance specialist have announced that they... READ MORE
CEO of CBA spin-off to step down
by Charbel Kadib • 13 Nov 2019
CBA has announced that the chief executive of NewCo, its spin-off established to demerge the bank’s wealth and... READ MORE
Non-banks doubled commercial settlements in FY19
by Annie Kane • 13 Nov 2019
Non-bank lenders settled 112 per cent more broker-introduced commercial loans in FY19 than they did the year before as... READ MORE
Genworth revises serviceability calculator
by Reporter • 13 Nov 2019
The mortgage insurer has updated its serviceability calculator to reflect a lower interest rate... READ MORE
FBAA calls for credit policy overhaul
by Reporter • 13 Nov 2019
The industry association has called on lenders to revise their lending practices, which threaten to undermine efforts... READ MORE
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