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Banks quitting reverse mortgages ‘spells opportunity’ for brokers
by Tas Bindi • 31 Oct 2018
The major banks’ withdrawal from the reverse mortgage market “spells opportunity” for brokers, the FBAA’s...READ MORE
No tech substitute for the ‘human touch’
by Reporter • 31 Oct 2018
The financial services sector should continue prioritising face-to-face human interaction when assisting clients,... READ MORE
Financial services firms urged to improve ethical frameworks
by Tas Bindi • 31 Oct 2018
Financial services entities should assess the ethical frameworks underpinning their governance models, the Governance... READ MORE
No trail should mean no clawbacks, says brokerage CEO
by Charbel Kadib • 30 Oct 2018
Commission clawbacks should be removed if regulators decide to ban trail commission, the CEO of a major brokerage has... READ MORE
Brokers well placed to advise upcoming ‘surge’ of FHBs
by Annie Kane • 30 Oct 2018
Mortgage brokers are well placed to help the upcoming “surge” of first home buyers make “better decisions” on... READ MORE
FHBs an outlier amid lending slump
by Charbel Kadib • 30 Oct 2018
Lending volumes are in a “holding pattern”, with first home buyers the only borrower segment to report a rise over... READ MORE
Mutual bank boosts focus on broker channel
by Reporter • 30 Oct 2018
Australian Unity has established a national third-party sales team and adopted technology to better service the broker... READ MORE
‘Corporate cop’ commences policing of CBA
by Charbel Kadib • 29 Oct 2018
An ASIC officer has begun monitoring the Commonwealth Bank’s governance and compliance processes, with the regulator... READ MORE
Aussie searching for its first chief digital officer
by Reporter • 29 Oct 2018
The mortgage broking franchise is currently on the search for its first chief digital officer following a leadership... READ MORE
Arrears drop but still ‘noticeably’ high
by Reporter • 29 Oct 2018
Home loan delinquencies fell in August but are 23 basis points higher than the monthly average, according to Standard... READ MORE
Bank announces new broker commission structure
by Annie Kane • 26 Oct 2018
Another large bank has announced that it will be changing broker remuneration “in line with Sedgwick... READ MORE
Bank imposes tighter credit policy
by Reporter • 26 Oct 2018
A non-major lender has updated its lender policy, now requiring brokers to provide “all credit-critical... READ MORE
Final day to respond to the RC
by Annie Kane • 26 Oct 2018
Anyone planning to submit a response to the financial services royal commission’s interim report must do so by 5pm... READ MORE
Another major bank changes broker commissions
by Charbel Kadib • 25 Oct 2018
Westpac Group has announced that it will introduce new changes to the way brokers are remunerated as part of a move to... READ MORE
Major brokerage appoints new CEO
by Charbel Kadib • 25 Oct 2018
A major mortgage brokerage has announced that it has appointed a new chief executive officer to help roll out the... READ MORE
Challenger banks back ‘critical’ broker channel
by Annie Kane • 25 Oct 2018
Three neobanks have outlined that they will be working closely with the “critical” third-party channel to... READ MORE
YBR to diversify offering as it aims to fill market ‘gap’
by Charbel Kadib • 25 Oct 2018
The group’s executive chairman, Mark Bouris, has outlined plans to broaden Yellow Brick Road’s loan offering, after... READ MORE
Brokerage sees drop in mortgages to big four
by Reporter • 25 Oct 2018
The big four banks’ share of broker-originated home loans is declining, with borrowers increasingly looking to... READ MORE
Homeloans and RESIMAC to consolidate
by Annie Kane • 24 Oct 2018
Non-bank lenders Homeloans Ltd and RESIMAC Ltd have announced that they are to consolidate into a single brand, subject... READ MORE
Mortgage Choice announces lender partnership
by Reporter • 24 Oct 2018
The broking franchise has announced the addition of a new lender to its panel, a move that would provide its network... READ MORE
New ‘mortgage warning’ platform launches
by Reporter • 24 Oct 2018
A cloud-based analytics platform that can provide early warning signs of issues in the mortgage market has been... READ MORE
Bank announces new head of broker 2
by Charbel Kadib • 23 Oct 2018
Heritage Bank has appointed a new head of broker distribution, effective immediately.
READ MORE
Australia’s ‘first’ blockchain lender sets sights on mortgages
by Annie Kane • 23 Oct 2018
Australia’s “first” mortgage blockchain lender, which is set to launch next year, is offering a crowdsourced... READ MORE
Consultation on mortgages a ‘fundamental human need’: ANZ CEO
by Annie Kane • 23 Oct 2018
The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental... READ MORE
White label loans gain popularity
by Reporter • 23 Oct 2018
Brokers and their customers have been endorsing white label home loan products, according to a new survey from... READ MORE
Nominations now open for Better Business Awards 2019
by Reporter • 23 Oct 2018
Nominations for The Adviser’s Better Business Awards 2019, made possible through the support of principal partner... READ MORE
CBA, Bankwest withdraw from reverse mortgage market
by Annie Kane • 22 Oct 2018
The last remaining major bank offering reverse mortgages and its subsidiary will withdraw their reverse mortgage... READ MORE
ASIC focusing on loan fraud within banks
by Annie Kane • 22 Oct 2018
The Australian Securities and Investments Commission has said that while the banks’ loan assessment processes have... READ MORE
CoreLogic names new head of real estate
by Reporter • 22 Oct 2018
The property data analytics provider announced that its group sales director, Geoff White, has been appointed as... READ MORE
Major bank CEO defends brokers
by Charbel Kadib • 22 Oct 2018
Shutting down the broking industry would be “extreme” and would have a “dramatic” impact on the Australian... READ MORE
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