Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Pepper launches mortgage offering in NZ

by Annie Kane • 16 Sep 2019

Non-bank lender Pepper Money has launched mortgage lending operations in New Zealand, offering advisers in New Zealand...READ MORE

Fewer mortgage brokers writing commercial loans

by Charbel Kadib • 16 Sep 2019

Contrary to industry expectations, the MFAA has reported a decline in the number of commercial loans written by... READ MORE

SME lender buys Eclipx Commercial

by Hannah Dowling • 16 Sep 2019

SME lender Grow Asset Finance has purchased Eclipx Commercial for $14.6 million, as Eclipx divests its assets to reduce... READ MORE

Prospa launches education initiative

by Hannah Dowling • 16 Sep 2019

The SME lender has launched a new, interactive education program to assist brokers transition into SME... READ MORE

Broker commissions slide to historic low

by Charbel Kadib • 13 Sep 2019

The average annual commission earned by a broker has slipped to a record low, according to new MFAA research, which... READ MORE

New law would give ASIC greater banning powers

by Annie Kane • 13 Sep 2019

A consultation has launched for new legislation that would broaden the financial services regulator’s powers so it... READ MORE

TMB reveals ethical short-term deposits

by Hannah Dowling • 13 Sep 2019

The bank has announced that all future wholesale short-term deposits have been ethically certified, the latest TMB... READ MORE

CUA appoints new CEO

by Hannah Dowling • 12 Sep 2019

The credit union has announced that it will promote its chief sales officer to CEO on 1 November... READ MORE

ASIC to release loan fraud report next month

by Annie Kane • 12 Sep 2019

The financial services regulator has revealed that it is to release a major publication on loan fraud next month, which... READ MORE

How to ask R U OK?

by Annie Kane • 12 Sep 2019

R U OK? Day non-executive director Graeme Cowan shares his tips and strategies for starting the mental health... READ MORE

Adelaide Bank cuts fixed rates by up to 60 bps

by Charbel Kadib • 12 Sep 2019

The non-major has reduced fixed rates across its owner-occupied and investment home loan products offered exclusively... READ MORE

Purple Circle welcomes 100% LVR lender to its panel

by Hannah Dowling • 12 Sep 2019

The aggregator has welcomed Granite Home Loans to its panel, giving its brokers access to no-deposit home loans for... READ MORE

Bank bracing for ‘busy’ season through broker channel

by Charbel Kadib • 11 Sep 2019

A non-major bank is preparing for an anticipated spike in home loan volumes over the coming months by bolstering its... READ MORE

ASIC to prolong HEM dispute with Westpac

by Charbel Kadib • 11 Sep 2019

The corporate regulator will contest the Federal Court’s decision to dismiss its responsible lending case against... READ MORE

ING revises commercial lending policies

by Hannah Dowling • 11 Sep 2019

The bank has announced changes to its commercial lending policies, which include a doubling of the minimum loan amount... READ MORE

Loan Market launches ‘on-demand’ lead service

by Reporter • 11 Sep 2019

The aggregator has announced the launch of a lead-generation tool that promises to deliver on-demand lead prospects to... READ MORE

Banks offer relief for bushfire victims

by Annie Kane • 10 Sep 2019

Several lenders, including major banks, have announced that they will be providing emergency assistance packages for... READ MORE

Connective enhances expense verification process

by Reporter • 10 Sep 2019

The aggregator has announced the launch of an integrated solution for borrower expenses verification.

Why everyone needs a good broker

by Hannah Dowling • 10 Sep 2019

Award-winning broker Deslie Taylor shares her insights into why using a broker is the best way to go, and the most... READ MORE

New bank outlines support of broker channel

by Annie Kane • 9 Sep 2019

Fintech lender Xinja has been granted a full banking licence by APRA, announcing that it will look to launch lending... READ MORE

How this broker provides award-winning customer service

by Hannah Dowling • 9 Sep 2019

Education and “nurturing” client relationships are key to the success of an award-winning brokerage, according to... READ MORE

Suncorp partners with FBAA to promote broker wellbeing

by Reporter • 9 Sep 2019

The non-major bank has announced that it will be hosting a wellbeing workshop for brokers alongside the FBAA.

Lender rewards broker car loan clients

by reporter • 9 Sep 2019

Peer-to-peer lender RateSetter has said it will be offering broker clients a reward for drawing down on their car loan... READ MORE

Aussie, AFG weigh in on clawback debate

by Charbel Kadib • 6 Sep 2019

The aggregators have responded to a renewed push from industry stakeholders to reform clawback arrangements.

Best interests duty could bite big 4

by Charbel Kadib • 6 Sep 2019

The federal government’s proposed best interests duty could undermine the market power of the major banks, according... READ MORE

Non-major banks cut interest rates

by Annie Kane • 6 Sep 2019

Heritage Bank and ME have both announced that they have cut interest rates on a range of owner-occupied and investor... READ MORE

Feedback sought for SME funding guide

by Hannah Dowling • 6 Sep 2019

The ASBFEO is seeking feedback on the “content and usefulness” of the Business Funding Guide, a free guide launched... READ MORE

Aggregator head to fight for clawback reform

by Charbel Kadib • 5 Sep 2019

The head of a major aggregator has said he will lobby for changes to “unfair” clawback arrangements, adding that... READ MORE

Damian Percy joins AFG

by Annie Kane • 5 Sep 2019

Former Adelaide Bank executive Damian Percy is to join Australian Finance Group later this month as its first GM of... READ MORE

SMEs unsure of borrowing capacity and loan documentation

by Annie Kane • 5 Sep 2019

Nearly half of SMEs want to borrow money in the next year but are uncertain of their borrowing capacity and correct... READ MORE

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