Mortgage and Finance Brokers Breaking News - The Adviser

Prime launch bolsters Bluestone’s loan book

by Reporter • 11 Sep 2020

The non-bank’s launch into the prime space has helped trigger a 23 per cent spike in its loan portfolio. READ MORE

Aggregator unveils brand refresh

by reporter • 11 Sep 2020

Aggregation group outsource Financial has unveiled a brand refresh, launching a new website and members portal, and an... READ MORE

Hot Property: The biggest property headlines from the week 7-11...

by reporter • 11 Sep 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week... READ MORE

Broker satisfaction with CBA dives

by Charbel Kadib • 10 Sep 2020

The major bank’s net promoter score has plunged into negative territory following a second consecutive increase in... READ MORE

Simple steps that could change a life

by Annie Kane • 10 Sep 2020

With the ongoing impact of COVID-19, this year could be more important than ever to check in on one another and ask... READ MORE

Purple Circle welcomes digital lender to panel

by Annie Kane • 10 Sep 2020

Purple Circle Financial Services has welcomed digital mortgage provider 86 400 to its lender panel. READ MORE

How a process-driven brokerage achieved consistency

by Malavika Santhebennur • 10 Sep 2020

The principal of Birdie Wealth sat down with Elite Broker to explain how being process-driven can help a brokerage... READ MORE

Loan Market expands tech team

by Malavika Santhebennur • 10 Sep 2020

The major brokerage has grown its technology team by recruiting the Australian division of a global IT company ahead of... READ MORE

Borrowers turn to bank of mum and dad in HomeBuilder confusion

by Annie Kane • 9 Sep 2020

Many borrowers looking to build new homes with the HomeBuilder grant are relying on borrowed funds from family and... READ MORE

Non-bank cuts rate, offers deferred repayments

by Annie Kane • 9 Sep 2020

A commercial lender has reduced its rate on interest-only first mortgages by 25 basis points and launched a new... READ MORE

Lender to cull credit products from offering

by Reporter • 9 Sep 2020

A non-major bank has announced that it will withdraw its line of credit and interest in advance products. READ MORE

Program launched to raise dementia awareness

by Reporter • 9 Sep 2020

Financial services professionals have been urged to participate in a new program designed to improve awareness of the... READ MORE

Half of deferrals to be reviewed in coming weeks

by Reporter • 8 Sep 2020

Approximately 450,000 borrowers are approaching the expiry of their deferral arrangements, which are set to be reviewed... READ MORE

YBR to buy back up to 28 million shares

by Reporter • 8 Sep 2020

The third-party mortgage business has announced that it will undertake an on-market buyback of almost 9 per cent of its... READ MORE

15k customers unable to restart repayments: ANZ

by Sarah Kendall • 8 Sep 2020

ANZ has estimated that around 15,000 of its mortgage customers may not ever be able to resume repayments, due to... READ MORE

Loan Market and NextGen.Net deepen partnership

by reporter • 8 Sep 2020

The aggregation group has relaunched its MyCRM solution with a deeper integration with ApplyOnline to reduce pain... READ MORE

CBA setting aside $6.4bn for credit losses

by Annie Kane • 7 Sep 2020

Matt Comyn, the CEO of CBA, has revealed that the bank is holding a total of $6.4 billion for future credit losses off... READ MORE

Wisr launches vehicle lending product

by Malavika Santhebennur • 7 Sep 2020

The fintech lender has announced the launch of a secured vehicle finance product, which will be available through... READ MORE

ANZ changes rental income sharing rules

by Reporter • 7 Sep 2020

The big four bank has revised its serviceability policy, changing the way it assesses rental income and expenses for... READ MORE

CoreLogic hires new head of financial services solutions

by Annie Kane • 7 Sep 2020

CoreLogic has appointed the former head of underwriting risk of Genworth as its new head of financial services... READ MORE

‘Fully functional’ BID ‘critical’ ahead of trail review

by Charbel Kadib • 4 Sep 2020

The best interests duty will be a “powerful ally” in the broking industry’s corner when it defends the utility of... READ MORE

ASBFEO calls for revenue-contingent loans

by Annie Kane • 4 Sep 2020

The small business ombudsman is calling for a government-funded revenue-contingent loan for SMEs following poor take-up... READ MORE

Loan Market grows compliance team

by Malavika Santhebennur • 4 Sep 2020

The major brokerage has made two additions to its compliance division ahead of the implementation of best interests... READ MORE

Auswide book grows as broker flows increase