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‘A third of IO borrowers don’t know they have an IO loan’: UBS
by Reporter • 5 Oct 2017
Banking analysts at UBS have suggested that a third of borrowers with interest-only loans “do not know or understand...READ MORE
Bluestone accepts VOI reports
by Reporter • 5 Oct 2017
The specialist lender has announced that it is now accepting identity reports for broker customers via the IDme and... READ MORE
Car finance manager pleads guilty to fraud
by staff reporter • 4 Oct 2017
Andrew Neville Hodgetts, a former finance manager for the Launceston Motor Group in Tasmania, has pleaded guilty to... READ MORE
Brokers have ‘completely changed’ their models
by James Mitchell • 4 Oct 2017
Local mortgage brokers are increasingly learning from their international counterparts and developing new and more... READ MORE
NSW mortgage rates differ by 1.91%
by Reporter • 4 Oct 2017
There is a “massive discrepancy” in home loan interest rates across NSW, even within the same suburbs, a new... READ MORE
RBA makes cash rate decision - Oct 2017
by Sasha Karen • 3 Oct 2017
The Reserve Bank of Australia has announced the official cash rate for October following its monthly board... READ MORE
CEO of ASB Bank to retire
by Reporter • 3 Oct 2017
The chief executive and managing director of New Zealand–based ASB Bank, a subsidiary of the Commonwealth Bank, has... READ MORE
Mortgage stress on the rise
by Reporter • 3 Oct 2017
Nearly one in six people is experiencing "mortgage stress", according to a new research from Roy Morgan... READ MORE
Salesforce guru to deliver ‘mind-blowing’ message to brokers
by James Mitchell • 3 Oct 2017
Mortgage brokers and aggregators will travel to Silicon Valley this month to hear from one of the world’s most... READ MORE
Survey confirms stamp duty relief is helping FHBs
by Staff Reporter • 3 Oct 2017
A new survey of conveyancers confirms that stamp duty relief in NSW has resulted in a sharp increase in the number of... READ MORE
Brokerage completes $1m capital raise
by Julianne Leybag • 3 Oct 2017
N1 Holdings Limited (ASX:N1H) has completed the issue of five million unlisted, unsecured convertible bonds, enabling... READ MORE
92% of brokers predict rate hold
by Reporter • 3 Oct 2017
The vast majority of respondents to a HashChing survey believes that the Reserve Bank of Australia will keep the cash... READ MORE
Top broker to launch mental health program
by Reporter • 2 Oct 2017
Tracy Kearey, the director of Brisbane-based Home Loan Connexion, has revealed that she will launch a mental health... READ MORE
Credit union launches home loan chatbot
by Reporter • 2 Oct 2017
Sydney Credit Union has launched a new chatbot that can help respond to users' home loan enquiries, with the aim of... READ MORE
Resolve Finance rolls out franchise model
by Reporter • 29 Sep 2017
Mortgage brokerage Resolve Finance has announced that it is rolling out a franchise model in October to enable the... READ MORE
Borrowers in the dark over rising rates
by James Mitchell • 29 Sep 2017
A mortgage market analyst has said that he is “astonished” that banks don’t tell borrowers how much their... READ MORE
New brokerage opens in Canberra
by Reporter • 28 Sep 2017
A new branch of Nectar Mortgages has opened in Canberra, headed up by two former franchise owners of LJ Hooker Home... READ MORE
MyState Bank launches new home loan
by staff reporter • 28 Sep 2017
The Tasmania-based lender has launched a new “simplified low rate home loan product” for “no-nonsense... READ MORE
Suncorp changes pricing methodology for IO loans
by Reporter • 28 Sep 2017
The non-major bank has said that it will change the way it calculates rates for interest-only loans and will increase... READ MORE
Broker demand soars amid credit crackdown
by James Mitchell • 28 Sep 2017
Demand for mortgage broker services has skyrocketed in the last 12 months, with over 80 per cent of property investors... READ MORE
Brokers ‘burdened’ by anti-money laundering regulation
by Reporter • 28 Sep 2017
CAFBA has called for a standardisation of anti-money laundering and counter-terrorism compliance policies, as the... READ MORE
Insurer boosts broker support team
by Staff Reporter • 27 Sep 2017
Liberty Financial’s insurance arm, LFI Group, has expanded both its sales and operations teams to help manage... READ MORE
Non-major takes $500m in mortgages from big four
by James Mitchell • 27 Sep 2017
The CEO of a mutual lender has explained how mortgage brokers have helped the group win more than half a billion... READ MORE
Aggregator reveals key traits for surviving first 12 months
by Reporter • 27 Sep 2017
Connective has revealed the initial findings of its broker research which sought to identify the key traits of its... READ MORE
Brokers have 'important role' in mortgage market, says CBA
by Reporter • 27 Sep 2017
The big four bank has told the Productivity Commission that it believes brokers “should and will continue to play an... READ MORE
Major bank accepts VOI reports
by Reporter • 26 Sep 2017
The NAB Group has confirmed that it is now accepting identity reports for broker customers via the IDme and ZipID... READ MORE
ANZ tightens up on apartment lending
by Reporter • 26 Sep 2017
The major bank has announced that it will be implementing new restrictions on some loans for residential apartments,... READ MORE
CBA introduces new IO process for brokers
by Staff Reporter • 26 Sep 2017
The nation’s biggest bank has launched an interest-only simulator to help brokers show customers the differences... READ MORE
MFAA appoints new head of education
by Julianne Leybag • 25 Sep 2017
The Mortgage & Finance Association of Australia has announced the appointment of Stephen Hunt as the new head of... READ MORE
Deslie Taylor: Female Mortgage and Finance Broker of the Year
by Reporter • 25 Sep 2017
Mortgage Choice Ormeau broker Deslie Taylor was crowned Mortgage and Finance Broker of the Year at the inaugural... READ MORE
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