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RC scrutinises broker-originated guarantor loans
by Charbel Kadib & James Mitchell • 22 May 2018
Broker-originated guarantor loans have been placed under the spotlight during the third round of public hearings...READ MORE
Former CBA exec joins marketplace lender
by Reporter • 22 May 2018
A marketplace lender has announced the appointment of a former Commonwealth Bank executive to the role of chief... READ MORE
Brokers most favoured by Millennials
by Reporter • 21 May 2018
Younger Australians are dominating the mortgage broker market, with a new Roy Morgan research revealing that almost... READ MORE
CBA apologises for bank account manipulation
by Reporter • 21 May 2018
The big four bank has issued a public apology to customers after it was revealed that staff had been making deposits... READ MORE
Broker commissions ‘the high-water mark’ for disclosure
by James Mitchell • 21 May 2018
An ACL holder believes that upfront and trail commissions need to “make a comeback”, rather than be vilified, as... READ MORE
Less than 5% of FHBs use a guarantor to buy a home
by Reporter • 21 May 2018
The vast majority of first home buyers are obtaining their first home loan without a guarantor, but more than a fifth... READ MORE
Legislative framework ‘has not been observed by firms’
by Reporter • 21 May 2018
The new chairman of ASIC has said that the financial services firms have not adequately been the “first line” of... READ MORE
Major bank suspends loan repayments for flood victims
by Reporter • 18 May 2018
NAB has announced that it is suspending home and personal loan repayments and waiving the fees for customers affected... READ MORE
‘Uncomfortable times’ ahead in royal commission: NAB
by Reporter • 18 May 2018
The head of the broker channel at NAB has said that while “there will be uncomfortable times” in the next round of... READ MORE
‘Overkill’: Top broker questions living expenses crackdown
by James Mitchell • 18 May 2018
One of Australia’s most successful brokers fears that mortgage professionals would leave the industry if banks... READ MORE
Former Uber lobbyist appointed CEO of FinTech Australia
by Tas Bindi • 18 May 2018
The non-for-profit association representing Australian fintechs has appointed Uber’s former government lobbyist, Brad... READ MORE
Brokers driving regional bank’s home loan settlements
by Reporter • 18 May 2018
The chairman of Bank of Queensland has told shareholders that the broker channel and Virgin Money have contributed to... READ MORE
‘Conflicted’ remuneration should go: ASIC chair
by Reporter • 17 May 2018
The new chairman of ASIC has said that he has been “surprised” that there has been “reluctance, and often... READ MORE
FHBs turning to brokers for financial education
by Reporter • 17 May 2018
First home buyers have highlighted the role that mortgage brokers played in assisting their entry into the property... READ MORE
Better Choice Home Loans continues expansion
by Reporter • 17 May 2018
The mortgage lender has continued its national expansion with its third appointment in just as many weeks.
READ MORE
Non-banks winning prime mortgages as majors tighten
by James Mitchell • 16 May 2018
A credit crackdown among the big four banks has been a blessing for the non-ADI sector, with lenders seeing a... READ MORE
Credit crunch a ‘complex picture’ for brokers
by James Mitchell • 16 May 2018
Slower credit growth and reduced borrowing capacity are expected to wipe 10 per cent off volumes this year, but brokers... READ MORE
HashChing eyes white label mortgages
by Reporter • 16 May 2018
The mortgage marketplace has launched a crowdfunding campaign in a bid to help facilitate its growth plans, which... READ MORE
Mentor reveals top tips for new brokers
by Reporter • 16 May 2018
A leading mortgage broker has told The Adviser what he believes are the key attributes that new brokers need to... READ MORE
Total loan approvals drop by over $1.6bn
by Reporter • 15 May 2018
The total value of housing, commercial and personal loans approved in March dropped by over $1.6 billion in a month,... READ MORE
‘Keep the bastards honest’: Broker hits out at banks
by James Mitchell • 15 May 2018
A third-party veteran has warned that the reputations of mortgage brokers and other industry professionals are being... READ MORE
NAB looks to challenge fintech space
by Reporter • 14 May 2018
The big four bank has launched an unsecured, short-term small business loan and overdraft facility through the broker... READ MORE
Valiant partners with comparison website
by Reporter • 14 May 2018
Valiant Finance has joined forces with rate comparison website Finder in a move designed to provide its brokers and... READ MORE
Regional bank appoints new COO
by Reporter • 14 May 2018
Toowoomba-based lender Heritage Bank has announced the appointment of a new chief operating officer, effective... READ MORE
Brokerage founder says industry must be ‘culled’
by James Mitchell • 14 May 2018
The managing director of a national brokerage says that the industry needs to be “culled” of bad apples and... READ MORE
Mortgage data to fall under Consumer Data Right
by Reporter • 14 May 2018
A new Consumer Data Right will give consumers the right to access and share data that businesses hold about them,... READ MORE
Home loan demand falls for fourth consecutive month
by Reporter • 14 May 2018
Home loan demand from both owner-occupiers and investors has dropped, with overall dwelling commitments falling for the... READ MORE
Nearly a third of borrowers will be FHBs next year
by Reporter • 11 May 2018
First home buyers will be the largest contingent of borrowers taking out a mortgage in the next year, new research has... READ MORE
Royal commission ‘not representative’ of broking: Bouris
by Reporter • 11 May 2018
Yellow Brick Road’s Mark Bouris says that the royal commission’s first round of hearings was “not representative... READ MORE
Young Leaders in Finance Awards finalists announced
by Reporter • 11 May 2018
Several leading brokers and mortgage players have been named as finalists in Momentum Media’s inaugural Young Leaders... READ MORE
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