Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Non-bank eyes prime space in new mortgage market push

by Charbel Kadib • 22 Jan 2020

A non-bank lender has unveiled plans to expand its home loan offerings after securing $250 million in funding from...READ MORE

Aussies’ intentions to buy property hit record highs

by Hannah Dowling • 22 Jan 2020

New data has shown that Australian consumers’ home buying intentions rose in December, now sitting at a record... READ MORE

Brokers urged to ease SME ‘debt hangover’

by Hannah Dowling • 22 Jan 2020

Small businesses are likely to turn to personal credit, family, or friends to fund business expenses after being... READ MORE

Government launches bushfire loans, grants for SMEs

by Annie Kane • 21 Jan 2020

Loans of up to $500,000 with zero interest for two years and grants of up to $50,000 are being made available to small... READ MORE

NAB announces board changes

by Hannah Dowling • 21 Jan 2020

The major bank has announced the appointment of former Australian of the Year Simon McKeon AO as a non-executive... READ MORE

Bankers ‘no longer equipped’ to deal with loan process

by Reporter • 21 Jan 2020

Borrowers will continue to flock to mortgage brokers for their home loan needs, with the direct channel increasingly... READ MORE

Judo hits $1bn in loan originations

by Hannah Dowling • 20 Jan 2020

The challenger bank has surpassed $1 billion in loan originations, nine months after receiving its banking... READ MORE

Bankwest, Lendi integrate assessment tools

by Reporter • 20 Jan 2020

The Commonwealth Bank-owned lender has announced a partnership with online broking platform Lendi, which would provide... READ MORE

SMEs urged to consider finance ahead of Chinese New Year

by Reporter • 20 Jan 2020

Small businesses have been encouraged to secure finance to fund the stock-up and production of goods ahead of closures... READ MORE

Major brokerage bolsters compliance team

by Annie Kane • 17 Jan 2020

Mortgage Choice has appointed its first general counsel and company secretary as well as a new head of compliance, as... READ MORE

Brokers surveyed on non-bank products

by reporter • 17 Jan 2020

The Adviser is calling on brokers to rank the best non-bank products on offer as part of its annual Broker Product of... READ MORE

Lender rolls out ‘green’ home loan

by Reporter • 17 Jan 2020

A non-major has received up to $60 million in funding to launch a green home loan as part of a broader push to promote... READ MORE

NAB’s former payments head leading open banking

by Sarah Simpkins • 17 Jan 2020

The ACCC has chosen a former NAB, CBA and Westpac staffer to head up its new standalone consumer data right... READ MORE

HashChing revamps offering, completes capital raise

by Charbel Kadib • 16 Jan 2020

The mortgage marketplace has announced a shift in the group’s strategic direction, including breaking into SME... READ MORE

Brokers called to proactively assist bushfire victims

by Hannah Dowling • 16 Jan 2020

The FBAA has urged brokers to reach out to clients who may have been directly or indirectly affected by the fires and... READ MORE

AFG offers bushfire grants to brokers and their customers

by Annie Kane • 16 Jan 2020

Australian Finance Group has established a $100,000 bushfire relief package to directly assist customers and brokers... READ MORE

New broker survey reveals lender preferences

by Charbel Kadib • 15 Jan 2020

Fast turnaround times and consistency in the mortgage application process have continued to serve as key drivers of the... READ MORE

Aggregators join mortgage industry relief fund

by Annie Kane • 15 Jan 2020

The three NAB-owned aggregators, Choice, FAST and PLAN, have pledged a total of $85,000 to the Mortgage and Finance... READ MORE

Pepper Money earmarks $250,000 for bushfire relief

by reporter • 15 Jan 2020

The non-bank lender has committed to invest a quarter of a million dollars in bushfire relief over the next two years,... READ MORE

SME lender announces policy changes

by Hannah Dowling • 15 Jan 2020

Spotcap has announced it has made changes to its term periods for unsecured business loans, now offering loan terms up... READ MORE

Macquarie closes in on competitors in mortgage market

by Charbel Kadib • 14 Jan 2020

The non-major has continued to outperform its nearest competitors in the home loan space, gaining ground on ING,... READ MORE

Bank increases LVR for rate tracker mortgage

by Annie Kane • 14 Jan 2020

Auswide Bank has lifted its maximum loan-to-value ratio on its RBA Rate Tracker Home Loan, bringing it to 90 per cent,... READ MORE

Wisr sees 36% increase in loan originations

by Hannah Dowling • 14 Jan 2020

The neo-lender has reported a 36 per cent increase in loan originations in Q2FY20 when compared to the previous... READ MORE

Major brokerages donate $100,000 each to industry appeal

by Annie Kane • 13 Jan 2020

Aussie, Loan Market and Mortgage Choice have each donated $100,000 to the industry’s ongoing bushfire appeal and... READ MORE

Deposit bond provider updates policies

by Hannah Dowling • 13 Jan 2020

Deposit Assure has announced updates to its product offerings in a bid to help brokers save... READ MORE

MyState CEO to step down

by Annie Kane • 10 Jan 2020

The managing director and chief executive officer of MyState Ltd has tendered his resignation and is set to leave the... READ MORE

La Trobe Financial donates $1m to bushfire efforts

by Hannah Dowling • 10 Jan 2020

The non-bank is the latest lender to announce a donation made in aid of those affected by the ongoing bushfire crisis... READ MORE

Bushfires may escalate chance of rate cut, say economists

by reporter • 10 Jan 2020

The ongoing bushfire crisis and its effect on the economy mean a February rate cut looks increasingly likely, according... READ MORE

Newcastle Permanent confirms it is accepting OO IO loans

by Annie Kane • 10 Jan 2020

The building society has clarified that it is still accepting applications for owner-occupied interest-only loans,... READ MORE

Court orders CML shareholders to vote on COG merger

by Annie Kane • 9 Jan 2020

Shareholders of non-bank lender CML Group – the parent company of Cashflow Finance – are to vote on its proposed... READ MORE

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