Mortgage and Finance Brokers Breaking News - The Adviser

Virgin Money announces rate cuts

by Charbel Kadib • 23 Apr 2019

The non-major lender has decreased its fixed mortgage rates by up to 40 basis points. READ MORE

Former ANZ director appointed CEO of SME lender

by Reporter • 23 Apr 2019

FE Investments Group has named a former director at ANZ Bank as its new chief executive. READ MORE

Labor urged to be ‘careful’ with LRBA changes

by Reporter • 23 Apr 2019

The possibility of a Labor government banning LRBAs could be a cause for concern for commercial property lenders like... READ MORE

ALP showing ‘willingness’ to discuss commissions

by Charbel Kadib • 18 Apr 2019

The federal Labor opposition’s position on broker remuneration is not “fixed” but it is yet to be sold on... READ MORE

FBAA director to lead broker federation as chair

by Tas Bindi • 18 Apr 2019

The head of the FBAA has been elected as the chair of a recently established cross-border organisation aimed at... READ MORE

SME lender officially launches equipment finance loan

by Annie Kane • 18 Apr 2019

OnDeck has officially launched its new equipment finance loan for small businesses, as it urges brokers to help small... READ MORE

Brokers rate non-major as the best performing bank

by Annie Kane • 17 Apr 2019

Brokers have rated a non-major bank as the top performing ADI in the mortgage broker market, ahead of the big four,... READ MORE

Bank CEO backs deferred upfront model

by Annie Kane • 17 Apr 2019

The CEO of a non-major bank has said that any changes to broker remuneration need to consider the “sustainability”... READ MORE

Challenger bank unfazed by broker uncertainty

by Charbel Kadib • 17 Apr 2019

A neobank plans to “forge ahead” with its broker strategy and expand its distribution network despite continued... READ MORE

Banks urged to cut interest rates

by Reporter • 17 Apr 2019

The Finance Brokers Association of Australia has welcomed moves by several major banks to reduce fixed interest rates,... READ MORE

Refinancers saving thousands on mortgage repayments

by Reporter • 17 Apr 2019

Borrowers who have opted to refinance are saving an average of 66 basis points on their home loan interest rate,... READ MORE

Brokers helping SME clients a ‘win-win’

by Annie Kane • 16 Apr 2019

The CEO of SME lender OnDeck has encouraged brokers to embrace fintechs and diversify into SME lending, as new research... READ MORE

Brokers will be ‘critical strategic partner’ for new bank

by Annie Kane • 16 Apr 2019

SME lender Judo Capital has said that brokers will continue to be a “critical strategic partner” once it officially... READ MORE

Submissions open for Australian Broking Awards 2019

by The Adviser • 16 Apr 2019

Submissions are now open for the 2019 Australian Broking Awards, the prestigious annual event that highlights the... READ MORE

Mortgage brokers urged to ride the ‘energy wave’

by Reporter • 16 Apr 2019

There is an “enormous opportunity” for mortgage brokers to expand into the energy sector, according to an asset... READ MORE

Neo-lender banks on brokers with new partnership

by Charbel Kadib • 15 Apr 2019

A new entrant in the lending space has partnered with a mortgage aggregator to secure a national distribution network... READ MORE

APRA to take on new responsibilities

by Eliot Hastie • 15 Apr 2019

APRA is ready to take on new responsibilities and adopt a broader focus in their activities, according to an... READ MORE

YBR makes progress on $300m securitisation initiative

by Charbel Kadib • 15 Apr 2019

The third-party mortgage and advice business is one step closer to securing a $300 million RMBS warehouse facility... READ MORE

Former REA Group executive joins FlexiGroup

by Reporter • 15 Apr 2019

FlexiGroup has appointed a former media executive at REA Group to the position of chief revenue officer. READ MORE

ASBFEO calls on brokers to help SMEs

by Annie Kane • 12 Apr 2019

The small business ombudsman has highlighted the need for brokers to help SMEs accessing finance, noting that it could... READ MORE

Former ASIC chair condemns broker commission ban

by Reporter • 12 Apr 2019

A senior official at the OECD is the latest to denounce commissioner Hayne’s recommendation to abolish lender-paid... READ MORE

BOQ’s sharp mortgage slump offset by broker growth

by Charbel Kadib • 12 Apr 2019

Growth in home loan settlements via the broker channel has softened the blow of the non-major's negative mortgage... READ MORE

MFAA code of practice gains interim authorisation

by Ezekiel MacNevin • 12 Apr 2019

The MFAA has recently been granted interim authorisation to enforce its Code of Practice as it awaits “final... READ MORE

In Memoriam: Don Martyn, 1955-2019

by Annie Kane • 11 Apr 2019

Don Martyn, a long-serving broker and keen sailor, has passed away at the age of 64 following a heart attack. READ MORE